Govt releases Ksh2.7B to HELB for disbursement to over 180,000 students
Education Cabinet Secretary Ezekiel Machogu has announced that the National Treasury and Economic Planning has released Ksh2.7 billion to the Higher Education Loans Board(HELB) for disbursement to over 180,000 students in public and private universities.
In a press statement sent to newsrooms, the Education CS acknowledged that he is aware certain students who are preparing to sit their end-of-semester examinations were greatly affected by the delay in disbursement of the student loans and bursaries.
"The Ministry of Education is aware that the majority of Government-sponsored students in our public and private universities are preparing to sit their end-of-semester examinations for the 2022/2023 Academic Calendar.
"To enable the affected students to be registered with their respective universities ahead of the examinations, I wish to announce that The National Treasury and Economic Planning has released Ksh.2.7 billion for the student loans and bursaries for 180,000 legible students. The funds have been sent to the Higher Education Loans Board for further disbursement to legible students," the statement read in part.
The CS further assured the affected students that they will be legible to register for their end-semester examinations.
Machogu also directed institutions to ensure that all beneficiaries of government loans and bursaries are given the opportunity to sit their end-of-semester examinations as scheduled.