Applicants for Heslb loans given two weeks to correct errors
HESLB [Majina Ya Waliokosea Kujaza Form Za Mikopo 2021/22]:-Applicants for HESLB loans to correct mistakes/Errors
More than 10,000 students found deficient in their higher education loan applications will have an additional 15 days to correct the deficiencies if they have a better chance of getting loans for the 2021/22 school year.
In the academic year 2021/22, the government has allocated Sh570 billion to finance loans for 160,000 students, of whom 62,000 are first-year students and 98,000 are to continue their studies. Speaking to reporters yesterday, the Executive Director of the Higher Education Student Loans Council, Mr. Abdul Razzaq Badro, said that the council extended the loan application period by an additional 15 days from September 1 to September 15 to allow applicants registered in the system to complete their applications.
“We started receiving applications online on July 9 and until yesterday (Tuesday) the last day for applications, we had 91,445 applicants submitted, of which 12,252 were incomplete,”
Mr. Badru said. According to Pedro, the next step is to review the documents and information submitted by 79,193 applicants whose applications were completed according to the system.
“There are two groups; the 12,252 whose applications do not have attachments and are therefore incomplete and there are 79,193 applications with documents, we will now start checking for accuracy and after that we will check if they have been accepted and the eligible ones will get loans.”
Note: HESLB [Majina Ya Waliokosea Kujaza Form Za Mikopo 2021/22]
The Director of Loan Allocation and Disbursement, Dr. Veronica Nyahindi, said that due to the provision of education to students on how to renew loan application forms, the number of those who failed to complete them was declining. She indicated that in the 2019/20 academic year there were 87,390 applications, 6.4 percent (5593) students were unable to complete their forms until the end.
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