The Higher Education Loans Board (HELB) in Kenya provides financial assistance to students pursuing higher education. If you’ve previously received a HELB loan and are looking to apply for a subsequent loan, the process is straightforward but requires careful attention to detail. Here’s a step-by-step guide to help you through the application process.
Step 1: Gather Required Documents
Before starting your application, ensure you have the following documents ready:
- National ID Card
- HELB Loan Application Form (available online)
- Bank Account Details
- Recent Passport-sized Photographs
- Copies of previous loan award letters
Step 2: Access the HELB Portal
- Visit the HELB Website: Go to www.helb.co.ke.
- Login: Use your existing credentials to log in to your account. If you have forgotten your password, use the “Forgot Password” option to reset it.
Step 3: Fill in the Application Form
- Access the Application Form: Once logged in, navigate to the “Loan Application” section and select the “Subsequent Loan Application Form”.
- Fill in Personal Details: Enter your personal information, including your national ID number, phone number, and email address.
- Update Academic Information: Provide updated information about your current academic status, including the institution, course, and year of study.
- Financial Details: Fill in your bank account details where the loan will be disbursed.
Step 4: Upload Required Documents
- Upload Documents: Scan and upload the required documents, including your ID card, passport photos, and previous loan award letters.
- Verify Documents: Ensure all uploaded documents are clear and correctly uploaded.
Step 5: Review and Submit
- Review Information: Carefully review all the information you have entered to ensure it is accurate and complete.
- Submit Application: Once satisfied with the information provided, submit your application.
- Print Acknowledgement: Print the acknowledgement receipt for your records.
Step 6: Follow Up
- Track Application: Use the HELB portal to track the status of your application.
- Respond to Queries: If HELB contacts you for additional information or documents, respond promptly to avoid delays in processing.
FAQs: Applying for a Subsequent HELB Loan
1. What is a subsequent HELB loan?
A subsequent HELB loan is a follow-up loan application for students who have previously received a HELB loan and are continuing their studies.
2. Who is eligible for a subsequent HELB loan?
Students who have received a previous HELB loan and are continuing their education in an accredited institution are eligible.
3. What documents are needed for the subsequent loan application?
Required documents include your national ID card, previous loan award letters, passport-sized photographs, and bank account details.
4. How long does it take to process a subsequent HELB loan?
Processing times vary, but it typically takes a few weeks. It’s important to apply early and follow up regularly.
5. Can I apply for a subsequent HELB loan if I have outstanding repayments?
Yes, but you should ensure your previous loan repayments are up-to-date to avoid complications with your new application.
6. What happens if my application is rejected?
If your application is rejected, you will receive a notification explaining the reasons. You may need to correct the issues and reapply.
7. How will I know if my loan has been approved?
You will receive an SMS notification and can also check the status of your application on the HELB portal.
By following these steps and ensuring all information and documents are correctly provided, you can successfully apply for a subsequent HELB loan and continue your education without financial strain.