Helb reverts to old model payment for first, second year students
Students apply for Helb loans in Nairobi in September 2014. Over 69,000 students who are set to join university have not applied for funding from the government.
The Helb announcement came after a section of students from the University of Nairobi and Kenyatta University stormed the board’s headquarters at Anniversary Towers in Nairobi as they demanded the release of their funding.
The students said delays in disbursement of the funds had adversely affected the first and second years, with many being out of campus.
The Higher Education Loans Board (Helb) says it will fund first and second-year university students using the old model as it awaits a decision on appeal against the High Court suspension of the new funding model.
This means the affected two groups will be funded using the differentiated unit cost model through which their third and fourth-year counterparts are financed.
