A student loan is a unique type of loan designed to help students pay for their university tuition fees, books, and living expenses. This differs from other types of loans in that the interest rate may be substantially lower and the repayment schedule may be deferred while the student is still in education. Student loans vary in many countries in the strict laws regulating renegotiating and bankruptcy in those countries.
Examples of student loans in Kenya
- KCB Masomo Loan, the first of its kind in Kenya, is the product of a partnership between the bank and Higher Education Loans Board (HELB) targeting those pursuing undergraduate and post graduate studies in accredited universities in Kenya. It is aimed to enable working class students undertaking graduate courses in all private and public universities, the product will enable them borrow up to KS 300,000.
- The Higher Education Loan Board (HELB) of Kenya was established on July 21, 1995 through the Kenya Gazette Supplement to help undergraduate, graduate and post-graduate Kenyan students continue their educations. Loans are offered to students who are unable to finance their schooling
- Banks avail loans to assist students or parents to pay for education. The loans are not a preserve of the SACCO but are also available in the banks. Apart from the school fee schemes by the banks, the banks are becoming more innovative and are partnering with education institutions to avail the loans. Many banks in Kenya today offer bank students loans and they include, Kenya commercial bank, Cooperative bank of Kenya, Equity Bank and other banks in Kenya.
thanx 4 helpin us make our lives better
karibu sana
Do you give loans for piloting??? Upto 5.2 million kenyan shillings
Please apply to any of the loans we offer that you qualify for.
FOR EXAMPLE?
what is the interest charged per annum?
It varies. Please apply for one of our loans for more information.
do you give loans for secondary students private collage?i am a kcb account holder intended looking for a kcb masomo loan.
Please apply for one of our loans for more information.
how do i apply for student loan and how long does it take for it to be approved
am a university student and actively looking for a loan.Where can channel the forms after applying for loan?
What are we talking about here. We’re trying to help a kenyan Computer Science student who cannot fully pay the University fee leave alone buying a laptop to help put to practice stuff taught in class. Based on the comments and all the stuff you guys are posting, I dont see how they are going to help this kind of person to have a smooth life during his/her studies.
The HELB Loan that is currently being offered by the Kenyan government to needy but bright students is getting more and more unhelpful and insufficient to the students who we also expect to have some fun beside their studies. This is due to the increased cost of living and the fact that the HELB Management is continuosly reducing the amount it disburses to the fresh students accounts year by year.
The new students of all Universities of Kenya who are government sponsored now recieve a mere 35,000Kshs ($388.8) per year. It disbursed in halfs into their accounts each semester.
This is so annoying and the main reason why a secondary source of money is necessary.
So if you have any ideas, donation or something..jus inbox me at mziient.wiz@gmail.com or whatsapp +254727537508
tank youall
I need for my master classes..how do I go about it without much delay…
Please use our forms to apply for the required loan.
I really need a loan for paying my fee before 20th
i am a student at Kenya medical training college do i qualify for loan for college education?
I’m a Kenya utalii student do I qualify for a loan I urgently need.
I need a loan
How can I reach you
do you give loans to poor students or you need them to give title deeds
How can I apply a student loan
Do you give loan for piloting students? Up to 5 M
I have been called at a certain school for enrollment to undertake diploma in electrical and electronics engineering but i don’t have initial fees,can you plz help me to get a loan
how do you apply for it?
hy am a student at pwani university kilifi I need a loan to sustain me through my education journey.I am eligible
Sorry,am I elligible
I need a loan of 13k to finist my semester fees in kmtc how do i apply it
And pay after school is it applicable
How can I apply am diploma student taking Medical laboratory technology
i need loan to study im current a student at mku but i work at national police service how can you help im stranded