Amount Each Student Will Receive in Fresh HELB Disbursement

Helb
To aid in the maintenance of first-year and second-year university students during the 2024/2025 academic year, the Ministry of Education has verified the allocation of Ksh3.2 billion.
On Tuesday evening, following university students’ demonstrations calling for the immediate release of funds, Education Cabinet Secretary Julius Ogamba announced that the Higher Education Loans Board (HELB) had released the funds.
Ogamba noted in a notice that the funds had been allocated to students’ accounts, with each recipient expected to get an amount ranging from Ksh40,000 to Ksh60,000.
The CS additionally disclosed that the funds that had been disbursed were included in those already allocated in July 2024, as part of the current Financial Year’s budgetary and appropriation framework.
The disbursement comes just two days after students surged into the HELB offices at Anniversary Towers in Nairobi, demanding the release of the capitation.
The learners, who were angry and frustrated about the delays in capitation, attempted to break into the HELB offices despite the efforts of security guards to stop them.
To prevent potential disruptions in the Central Business District (CBD), police quickly intervened to disperse the protesting students and limit access to the premises.
It was reported that another group of students from Kenyatta University blocked a part of Thika Road for several hours. This caused a disruption in the traffic along this heavily traveled route and forced drivers to look for alternative paths.
Due to the situation, King’ori Ndegwa, who manages lending at HELB, had to step in and speak on behalf of the students. He explained that an ongoing High Court case was responsible for the delay.
He observed that HELB would transfer the funds before the week concluded, mentioning that the money would be allocated to students’ accounts according to the previous method.
Ndegwa additionally disclosed that the loans board disbursed Ksh3 billion prior to the week’s conclusion. He pointed out, though, that the recent delays had affected just 180,000 students.