Helb starts releasing cash for freshers after delay
By Ouma Wanzala
Students and parents return loan application forms at Higher Education Loans Board (Helb) offices in Nairobi on September 30, 2016. PHOTO | JEFF ANGOTE
The Higher Education Loans Board has begun releasing cash to first year students in universities after a delay of more than a month and a half.
Helb Chief executive Charles Ringera said 76,808 students have received Sh2.6 billion after verification of their files.
Mr Ringera added that 154,000 continuing students applied for the loans and the board had already funded 102,289 in the first semester at a cost of Sh2.2 billion.
He said the Helb call centre was being upgraded.