Helb Jielimishe Loan For Students (Requirements, How To Apply)

The Higher Education Loans Board, Helb, has a special loan for all employed Kenyans. This loan is known as the Jielimishe Loan.

HELB offers Jielimishe Loan to employed students pursuing Professional Courses, Higher National Diploma, Bachelors, Postgraduate-Diploma, Masters or PhD degrees in Kenya. The loans are awarded per year and paid directly to the approved institutions of higher learning.

Features of the Helb Jielimishe Loan

1.     Quick loan processing
2.     Competitive interest rate of 10% per year
3.     Flexible repayment periods of 12 – 48 months (72 months for Public Servants)
4.     Convenient and easy monthly check-off repayments
5.     Borrow up to 90% of your program fees to a maximum of Kshs. 600,000
6.     Affordable Credit Life Insurance Policy

Requirements of the Helb Jielimishe Loan

1. Admission letter from a recognized university/College in Kenya
2. Certified copy of your last acquired academic certificate (certified by a commissioner of oaths)
3. Three (3) months latest pay slips (certified by your employer)
4. If you are employed on contract, please provide copy of appointment letter for a contract of not less than two years (certified by your employer)
5. Certified copy of your National ID (certified by a commissioner of oaths)
6. Certified copy of your KRA PIN (certified by a commissioner of oaths)
7. Certified copy of National ID from two employed guarantors (certified by a commissioner of oaths)
8. Recent colored passport size photograph of yourself

 Who is eligible for the Helb Jielimishe Loan

Employees in:

1. Civil service (Ministries, Counties, National Police Service, Kenya Defense Forces)
2. Public Commissions e.g. Teachers Service Commission, JSC, PSC, CAJ, SRC, CRA etc
3. Parastatals e.g. KRA, NSSF, NHIF, NTSA, KWS, KFS, KPA etc
4. Public Universities
5. Selected Private companies (E-mail [email protected] to check whether your company is eligible)

Note:

1. Loan applications are done online on www.helb.co.ke.
2. Jielimishe loan repayment starts immediately upon disbursement to the training institution.

CIVIL SERVANTS TRAINING REVOLVING FUND

This is a facility specifically for Civil Servants in National Government, County Governments and National Police Service. This loan is offered in collaboration with The Ministry of Public Service. The amount awarded is between Kshs. 30,000 and Kshs. 500,000 at a competitive low interest rate of 4% per year, with prolonged repayment period of up to 72 months (6 years) through check-off. The courses covered include examinable short courses of at least three (3) months and Postgraduate studies (Masters and PhD). The loan is used to finance Tuition, Library, Computer and Research and Examination fee

Features:

1. Quick loan processing
2. Competitive interest rate of 4% per year
3. Flexible repayment periods of 12 – 72 months (6 years)
4. Convenient and easy monthly check-off repayments
5. Borrow up to Kshs. 500,000

Requirements:

1. Admission letter from a recognized university or training institution in Kenya
2. Course recommendation letter from your employer
3. A copy of 3 months latest pay slips (certified by your employer)
4. Certified copy of your national ID (certified by a commissioner of oaths)
5. Certified copy of your KRA PIN (certified by a commissioner of oaths)
6. Certified copy of national ID from two guarantors employed within civil service (certified by a commissioner of oaths)
7. Recent colored passport size photograph of the applicant

Who is eligible

Civil Servants in National Government, Parliamentary Service Commission, Judicial Service Commission, County Governments, and National Police Service pursuing Postgraduate studies

Note:

Loan applications are done online on www.helb.co.ke

Repayment:

Repayment is due 1 month after disbursement through monthly check-off system from the employer’s payroll for a maximum period of 72 months (6 years). Applicable interest is 4% per year and an annual ledger fee of Kshs. 1,000.