How do I compare education loans?

Use our comparison tool to filter by interest rate, fees, approval time, and loan amount. Compare at least 3 products before making a decision. We have compared 6 education loans from Kenyas leading banks and financial institutions.

Is it free to use PesaMarket?

Yes! PesaMarket is 100% free for consumers. We may earn a commission when you apply through our links, but this does not affect the rates or terms you receive.

How often is the information updated?

We update product information daily to ensure you have access to the latest rates, fees, and terms. Always verify final details with the financial institution before applying.

What is the best education loan in Kenya?

The best education loan depends on your specific needs, income level, credit history, and financial goals. Use our comparison tool to find products that match your requirements. Consider factors like interest rates, fees, approval time, and eligibility criteria.

How quickly can I get approved for a education loan?

Approval times vary by lender. Digital lenders often approve applications within minutes, while traditional banks may take 1-7 days. Check the "Approval Time" field in our comparison table to find the fastest options.

🇰🇪 PROUDLY KENYAN

Education Loans in Kenya

Fund education with affordable student and school fee loans.

Reviewed byPesaMarket Research Team

|Last verified: Dec 16, 2025

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Bank/Provider

Min Loan Amount

Showing 6 of 6 products

⭐ SACCO members

Co-op School Fees Advance

Co-operative Bank of Kenya

Interest Rate

13.5%

per annum

Max Amount

KES 2500K

Approval Time

24-72 hours

Processing Fee

Competitive rate at 13.5%
All education levels covered

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⭐ Parents with multiple children

Equity Elimu School Fees Loan

Equity Bank Kenya

Interest Rate

14%

per annum

Max Amount

KES 2000K

Approval Time

24-48 hours

Processing Fee

School fees financing all levels
Wings to Fly scholarship integration

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⭐ Working professionals

HELB Jielimishe Loan

Higher Education Loans Board

Interest Rate

10%

per annum

Max Amount

KES 500K

Approval Time

2-3 weeks

Processing Fee

Self-development education financing
Professional course financing

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⭐ TVET students

HELB TVET Loan

Higher Education Loans Board

Interest Rate

per annum

Max Amount

KES 50K

Approval Time

2-4 weeks

Processing Fee

None

Lowest interest rate at 4%
Government-subsidized loan

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⭐ University students from any background

HELB Undergraduate Student Loan

HELB

Interest Rate

per annum

Max Amount

KES 70K

Approval Time

2-4 weeks after application

Processing Fee

1000

Lowest education loan rate (4% p.a.)
Government-sponsored student loan

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⭐ Parents with school-age children

KCB Masomo Education Loan

Kenya Commercial Bank

Interest Rate

13%

per annum

Max Amount

KES 3000K

Approval Time

24-48 hours

Processing Fee

School fees loans for all levels
Primary to university coverage

Apply Now

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