Higher Education Loans Board (Helb) has issued a good news to university and TVET students who are beneficiaries of the aid fund. In the news released on Tuesday by HELB executive chief officer Charles Ringera, students will start receiving their helb money through mpesa.
This was after HELB and Safaricom company struck a deal that will make it easier for students to easily access their helb fund and receive the allocated money faster. He also say in that process, helb will verify all the mobile numbers issued by students to minimize and eliminate fraud.
“We are going to embark on a programme where we shall be confirming whether the mobile numbers given by students belong to them to eliminate fraud,” he said.
In that process helb also stressed that allowing the disbursement through mpesa will enable responsible use of the money as some of it will be allocated for specific use and it will only be generated through specific paybills.
Students will access the system through Helb USSD by dialling *642#, as well as the mobile app, from where they can view their loan allocations, current balances, statements and make payments