Higher Education Loans Board

Compare all 3 products from Higher Education Loans Board in Kenya. Rates from 4%. Borrow up to Ksh 500,000.

Lowest Rate

Ksh 500,000

Max Amount

2-3 weeks

Fastest Disbursement

Total Products

Education Loans

Product	Rate	Amount	Turnaround
HELB Jielimishe Loan	10%	Ksh 100,000 - Ksh 500,000	2-3 weeks	Apply
HELB TVET Loan	4%	Ksh 30,000 - Ksh 50,000	2-4 weeks	Apply
HELB Undergraduate Student Loan	4%	Ksh 30,000 - Ksh 70,000	2-4 weeks after application	Apply

View all Education Loans →

Higher Education Loans Board Pros & Cons

+Pros

✓Government backing
✓Higher loan amounts
✓Self-development financing
✓Can finance family education
✓Professional courses covered
✓Flexible disbursement

-Cons

✗Higher interest (10%) than student loans
✗Requires income proof
✗Good HELB history required
✗Processing time longer
✗Lower loan amounts than university
✗Limited to registered TVET institutions

Eligibility Requirements

CRB Check Required

Not required

Employment Types Accepted

Full-time university students

Required Documents (across all products)

●National ID
●KRA PIN
●Employment letter/Business registration
●Admission letter
●3 months payslips
●TVET institution registration
●Parents/Guardian ID
●University admission letter
●KCSE certificate
●Birth certificate

Frequently Asked Questions

What interest rates does Higher Education Loans Board offer?

Higher Education Loans Board offers interest rates ranging from 4% to 10% across their 3 products. The exact rate depends on the product type, loan amount, and your credit profile.

What loan amounts are available from Higher Education Loans Board?

Higher Education Loans Board offers loan amounts from Ksh 30,000 up to Ksh 500,000 depending on the product and your eligibility.

How fast does Higher Education Loans Board disburse loans?

The fastest disbursement time from Higher Education Loans Board is 2-3 weeks. Actual processing time varies by product type and application completeness.

Does Higher Education Loans Board require CRB clearance?

Higher Education Loans Board does not strictly require CRB clearance for all products. Some products may be available without a CRB check, though having a clean credit record is always beneficial.