How to Check HELB Loan Disbursement Status Online and USSD 2023
Learn how to check your HELB loan disbursement status online and via USSD. Find out how to appeal for more funds with this comprehensive guide
The Higher Education Loans Board (HELB) supports students in Kenya by providing loans, bursaries, and scholarships. This assistance, though significant, often leaves students needing clarification on how to track their loan disbursement status or how to appeal if they believe they deserve more funds. This comprehensive guide covers how to check your HELB loan disbursement status online and via USSD and how to access and download HELB loan appeal forms.
What is HELB?
Kenya's Higher Education Loans Board (HELB) provides crucial financial aid to students pursuing higher education at public universities. Established by an Act of Parliament, HELB provides loans, bursaries, and scholarships to successful applicants. The maximum loan that HELB awards per year can reach up to Kshs. 50,000, along with a bursary of Kshs. 8,000, subject to changes from the Ministry of Education.
But how do you keep track of your HELB loan status? How do you appeal if you think your loan amount needs to be improved? Keep reading to find the answers!
How to Check HELB Loan Disbursement Status Online
Online Checking Procedure
Checking your HELB loan disbursement status online is simple. First, visit the HELB loan portal and log in using your credentials. Once logged in, navigate to the 'Loan Reports' tab, click 'Disbursement,' and your loan disbursement status should be displayed. To print this information, click 'Print' or view it as a PDF, click 'Generate PDF.'
How to Check HELB Loan Disbursement Status via USSD
USSD Checking Procedure
If you don't have internet access, don't fret! You can also check your HELB loan disbursement status using your mobile phone's USSD functionality. Dial *642#, send and follow the subsequent prompts. You'll receive a disbursement report for the selected academic year via SMS.
HELB Loan Appeal Forms
Appealing for More HELB Funds
You can appeal if you feel that the loan awarded needs to be increased or you were not granted a loan. The appeal is reviewed on a merit basis, and you must fill out the HELB Loan Appeal form, which can be accessed from the HELB portal.
Smart Management of HELB Loans
HELB loans are not pocket money; they should be used wisely to finance your education-related expenses such as tuition, books, accommodation, and subsistence. Diverting these funds to other uses could leave you financially handicapped, affecting your academic progress.
HELB Contact Information
Managing your HELB loan is an essential part of your academic journey. Keeping track of your loan disbursement status helps you plan accordingly, while knowing how to appeal allows you to request more funds if necessary. Use the online portal or USSD functionality to stay informed about your HELB loan status, and remember to use your loan responsibly for academic-related expenses.