The Higher Education Loans Board (HELB) has announced that its portal for the Kenya Accountants and Secretaries National Examinations Board (KASNEB) is open for students to access tuition and exam financing.
In a statement on Monday, January 13, HELB said that the KASNEB Foundation Loan and Bursary Scheme is only open to students taking KASNEB accounting courses.
“The KASNEB Foundation Loan and Bursary Scheme is now open, offering support for both your tuition and exam fees. With attractive interest rates and flexible repayment periods,” HELB stated.
The loan will attract an interest rate of 6% per annum and is due for repayment 3 years after the date of completion of studies.
The maximum loan repayment period is 60 months, with the option of choosing a lower repayment period. HELB noted there will also be an administrative fee of Kshs.500 charged during disbursement.
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KASNEB Loan qualifications
According to HELB, to qualify for the loan, a student must be enrolled in a KASNEB-accredited institution.
In addition, students seeking financing must be taking the following courses; Certified Public Accountants (CPA), Certified Secretaries (CS), Certified Investment and Financial Analysts (CIFA).
Others are Certified Credit Professionals (CCP), Accounting Technicians Diploma (ATD), and Certificate in Accounting and Management Skills (CAMS).
How to Apply
- Applicants should visit the HELB website www.helb.co.ke to access the HELB Students’ Portal to register, create, and activate the account (ensure you use your personal mobile number).
- Log in, and click Loan ‘Application’ Tab, on the left dashboard.
- From the view window, select either: KASNEB Foundation Loan and Bursary Application- Tuition fees only OR KASNEB Foundation Loan and Bursary Application – kasneb fees only.
- Read and agree on the Consent for the Collection and Processing of Personal Data.
- Access and fill out the loan application form online.
