The Higher Education Loans Board (HELB) plays a pivotal role in supporting Kenyan students by providing financial assistance for higher education. Timely disbursement of these funds is crucial for students to manage tuition fees, accommodation, and other essential expenses. This article delves into the recent batch numbers paid by HELB, the disbursement process, and how beneficiaries can access their funds.
Recent HELB Batch Payments
As of this week, HELB has processed and paid the following batch numbers in the last week:
- 6008
- 6015
- 6045
- 6016
- 6046
- 6047
- 5994
- 5991
- 5990
- 5992
Students associated with these batch numbers should anticipate receiving their funds shortly.
Accessing Your HELB Funds via M-PESA
HELB utilizes the SurePay platform to disburse funds directly to students’ M-PESA wallets. To access and withdraw your funds, follow these steps:
- Receive Notification: Upon disbursement, you’ll receive an SMS from SurePay confirming the deposit into your HELB M-PESA Wallet.
- Dial USSD Code: On your mobile phone, dial *642# to access the SurePay menu.
- Register (First-Time Users): If it’s your first time using SurePay, you’ll be prompted to register and set up a PIN for security.
- Withdraw Funds:
- Select the “Withdraw Funds” option.
- Choose “Upkeep” as the source of funds.
- Enter the amount you wish to transfer to your M-PESA account.
- Confirm the transaction by entering your M-PESA PIN.
- Confirmation: You’ll receive an SMS from M-PESA confirming the successful transfer of funds to your account.
Understanding the HELB Disbursement Timeline
After HELB processes your loan, it typically takes up to 72 hours for the funds to reflect in your M-PESA account. This period accounts for necessary verification and processing by both HELB and the financial intermediaries involved. If you don’t see the funds after this period, consider the following steps:
- Verify Account Details: Ensure that the bank or M-PESA account details provided to HELB are accurate to prevent delays.
- Contact HELB Support: If delays persist, reach out to HELB through their customer care channels for assistance.
Tips for Managing Your HELB Funds
Effective management of your HELB loan is essential to cover educational expenses and avoid future financial challenges. Consider the following tips:
- Prioritize Essential Expenses: Allocate funds first to tuition fees, accommodation, and necessary study materials.
- Create a Budget: Plan your spending to ensure the loan covers all academic-related expenses throughout the semester.
- Avoid Unnecessary Expenditures: Remember, the loan will need to be repaid after your studies; spend wisely to minimize future financial burdens.
Upon completing your studies and securing employment, it’s crucial to commence repayment of your HELB loan to avoid penalties. HELB offers various repayment options, including salary check-off and direct bank deposits, to facilitate this process. Timely repayment not only clears your debt but also ensures that future students can benefit from the fund.
HELB regularly updates beneficiaries on batch payments and other pertinent information through their official communication channels. Regularly check the HELB portal and follow their social media platforms to stay informed about your loan status and any upcoming changes.
For personalized assistance or more information on HELB services, visit the official HELB website or contact their customer service team. Staying proactive and informed will help you make the most of the financial support provided and ensure a smooth academic journey.
