South Eastern Kenya University Helb Portal

By | June 13, 2022

South Eastern Kenya University Helb Portal

South Eastern Kenya University Helb Portal | Login to Students Helb Portal

The South Eastern Kenya University Helb Portal

1. Use of HELB loans and bursaries

Students are advised to exercise financial discipline and desist from diverting HELB funds for other uses as the loan is designated to be used for the following:

  1. Tuition
  2. Books and stationery
  3.  Accommodation and subsistence.

2. Student loan repayment

When to start paying back the loan

TVET and Undergraduate Loans are due for repayment upon completion of studies. The Board may offer one financial year moratorium or recall the loan whichever is earlier. However, one can make voluntary payments which will reduce his/her balance in good time. Postgraduate loans and Undergraduate loans for salaried students are required to be serviced immediately upon disbursement of the loans. It is important to read the loan agreement form as certain loan schemes have specific terms and conditions. karatina university Helb Portal

Interest and other charges

The Government of Kenya subsidises the actual cost of interest on student loans, the rate of interest charged is relatively lower as compared to commercial loans. This interest is indicated on the loan agreement form. Other charges include:

  • Ledger (Administrative) Fee
  • Penalties charged for non-repayment of student loan
  • Insurance for specific loan products

For more details on charges please visit our website www.helb.co.ke

How do I repay my loan?

Upon maturity of a loan, the loanee shall be required to begin repayment of his/her loan together with any interest accrued thereon. HELB offers various loan payment options [see page 7]. For loanees who are formally employed, the employer is expected to deduct the loan instalments from the wages or remuneration as shall be directed by the Board.

Monthly Deductions

In deducting a loanee, the monthly instalments should not exceed 25% of a loanees’ basic pay. Loans to salaried students are expected to be repaid within 48 months upon disbursement. One may wish to pay at higher monthly instalments which will then reduce the repayment period and the loanee will clear much earlier than the anticipated period. If one has benefited from more than one loan product and the loans are still in existence, he/she is required to repay all the loans concurrently.

Keeping track of your payments

Upon completion of loan repayment, a clearance certificate is issued. One is also encouraged to notify HELB once the loan payment is completed so as to fast track the clearance process. Please contact contactcentre@helb.co.ke in the event of further queries.

Completion of Repayment

Upon completion of loan repayment, a clearance certificate is issued. One is also encouraged to notify HELB once the loan payment is completed so as to fast track the clearance process. Please contact contactcentre@helb.co.ke in the event of further queries.

Impact of lack of payment

Legally, you are obligated to repay your loan in line with the contract and regulations. Any loanee who fails or neglects his/her obligations may be charged a penalty which will be added to your loan account. and where necessary, ask you to repay the full amount of loan, plus interest and penalties in a lump sum as well as negatively list you on CRB. HELB may also outsource collection of your loan to professional debt collectors at your own cost.
Employers have a responsibility, by law,

  • Upon the employment of any loanee to inform the Board in writing within a period of three months of such employment;
  • Upon confirmation by the Board that such a person so employed is a loanee, to deduct from the wages or remuneration of the loanee, the amount of any loan as instructed by the Board.

The employer shall remit every deduction from the loanee’s wages or remuneration in the prescribed manner to HELB within 15 days after the end of each month. The employer may be penalised if they do not comply. South Eastern Kenya University Helb Portal

Payment options

Loan repayment can be made directly by the loanee or through check-off (employer). The available options for repayment are illustrated below:
Note: The Loanees National ID must be clearly indicated for all payments to facilitate smooth update of loan statement.

    • Bank Deposit (by Employer or Self)

All payments should be made by direct transfer (EFT), standing order or cash deposit to the HELB collection bank accounts in any of the following banks:

BANK ACCOUNT NUMBER BRANCH ELECTRONIC FUND TRANSFER (EFT)
Citibank 300 040 012 Nairobi Nairobi
Co-operative Bank 011290 612 228 00 University-way University-way
Barclays bank 077 501 8216 Barclays Plaza Barclays Plaza
Kenya Commercial Bank 1103 266 314 University-way University-way
Standard chartered Bank 010 801 826 4700 Koinange street Koinange street
Equity bank 055 029 357 3408 Equity Center Equity Center
National Bank of Kenya 01001060391100 Harambee Avenue Harambee Avenue
Family Bank 035 000 024 971 Family Bank Towers Family Bank Towers
Chase Bank 0332084215001 Family Bank Towers Family Bank Towers
NIC Bank 1002247638 Delta Delta
Jamii Bora Bank 0011748527001 Koinange street Koinange street
    • Mobile Payment Services: M-PESA

Using M-PESA (Safaricom) Money Transfer:

      • Select pay bill option
      • Enter HELB business number as 200800
      • Enter your National ID number as your account number
      • Enter amount you want to pay
      • Enter your secret PIN number
      • Confirm transaction and send
    • Note: The transaction may take up to 2 business days to reflect in your statement

 

    • Credit Card or Debit (ATM) Card

Give authority to HELB to make monthly debits or lump-sum payments directly from your bank account or credit card. This is done by signing the Credit Card Authorization Form (download from HELB website) and forwarding the same to HELB. VISA branded credit cards or debit (ATM) cards can also be swiped at HELB offices.

    • Diaspora Loan Repayment Options:

          • Using “Wave” online

          You can make payments instantly from the US and Canada through Wave via KCB account number 1103266314. Go to www.sendwave.com to update/download the app and then make transfers immediately. Once you complete the transaction, you will get a wave message like this; Your money transfer has arrived in HELB Revolving Account’s KCB account! It may take up to 48 hours to appear in your statement. Here’s a receipt of the transaction for your records:
          Sender: A.N. Other, 1111 Mallison, Mc Leansville, NC 27301
          Recipient Name: HELB Revolving Account
          Recipient Number: •••4523
          Amount Sent: 400.00 USD
          Amount Received: 39732 Ksh
          Exchange Rate: 99.33 Ksh/1 USD
          Transaction Time: 12:25 PM ET on July 16, 2016. Funds are immediately available. It may take up to 48 hours to appear in your statement.
          Confirmation Number: BAN-1170352-L54367
          Email us at help@sendwave.com if you have any questions about this transaction!

        • Equity Direct

      Equity Direct is a pan-European regulated online money transfer service operated exclusively by VFX Financial PLC in the UK in partnership with the Equity Bank Group in Kenya.
      How to sign up: You can register at www.equitydirectafrica.com which is a quick and simple process. There is a dedicated customer service team on hand to help. To use PayLoan simply select HELB from the drop down PayLoan list in “ADD BENEFICIARY”. Then add your Student name, and your National ID in the Reference field and “CONFIRM”. You can then make a payment to your new Beneficiary and your payment to HELB is processed instantly and you will receive confirmation email and SMS too. karatina university Helb Portal
      Support Contacts: +44 (0) 207 959 6995 |support@equitydirectafrica.com | www.equitydirectafrica.com

          • Chase Bank – Simba Pay

See Also:

1University Of Kabianga Fee Structure
2University Of Kabianga Admission Documents
3University Of Kabianga Admission Forms
4University Of Kabianga Application Form
5University Of Kabianga Online Application
6University Of Kabianga Account Number
7University Of Kabianga Contacts
8University Of Kabianga Courses Offered
9University Of Kabianga Exam Results
10University Of Kabianga History
11University Of Kabianga Intake
12University Of Kabianga Login
13University Of Kabianga January Intake
14University Of Kabianga May Intake
15University Of Kabianga September Intake
16University Of Kabianga Kuccps Admission List
17University Of Kabianga KUCCPS Admission Letters
18University Of Kabianga Main Campus
19University Of Kabianga Online Course Registration
20University Of Kabianga Past Papers
21University Of Kabianga Reporting Dates
22University Of Kabianga Admission Requirements
23University Of Kabianga Student Portal
24University Of Kabianga Town Campus.
25University Of Kabianga Job Vacancies
26University Of Kabianga Graduation
27University Of Kabianga Graduation List

Quick links:

1South Eastern Kenya University Student Portal
2South Eastern Kenya University Contacts
3South Eastern Kenya University Admission Letters
4South Eastern Kenya University Fee Structure
5South Eastern Kenya University Bank Account Numbers
6South Eastern Kenya University Accommodation
7South Eastern Kenya University Online Application
8About South Eastern Kenya University
9South Eastern Kenya University Entry Requirements
10South Eastern Kenya University Certificate Courses
11South Eastern Kenya University Diploma Courses
12South Eastern Kenya University Graduation.
13History Of South Eastern Kenya University
14Courses Offered In South Eastern Kenya University
15South Eastern Kenya University Joining Instructions
16South Eastern Kenya University Portal
17South Eastern Kenya University Ranking
18South Eastern Kenya University Job Vacancies
19South Eastern Kenya University Schools
20South Eastern Kenya University Application Form
21South Eastern Kenya University Admission List
22South Eastern Kenya University Admissions
23South Eastern Kenya University Admission Portal
24South Eastern Kenya University Bursary Application Form
25South Eastern Kenya University Bachelor Courses
26South Eastern Kenya University Campuses
27South Eastern Kenya University Exam Results
28South Eastern Kenya University Exam Timetable
29South Eastern Kenya University Exam Papers
30South Eastern Kenya University Final Graduation List
31South Eastern Kenya University Graduation Fee
32South Eastern Kenya University Graduation Application Form
33South Eastern Kenya University Helb Portal
34South Eastern Kenya University Online Hostel Booking
35South Eastern Kenya University Intake
35South Eastern Kenya University Kitui Campus
36South Eastern Kenya University Machakos Campus
37South Eastern Kenya University Mpesa Paybill
38South Eastern Kenya University Mtito Andei Campus
39South Eastern Kenya University Masters Programmes
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42South Eastern Kenya University Main Campus
43South Eastern Kenya University Noticeboard
44South Eastern Kenya University Provisional Graduation List
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48South Eastern Kenya University Wote Campus
49South Eastern Kenya University Graduation List

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