140,000 students miss loans as Helb runs out of cash

Helb chief executive Charles Ringera. FILE PHOTO | JEFF ANGOTE | NMG

Some 140,000 students in public universities and technical and vocational education and training (TVET) colleges have missed State loans after the Higher Education Loans Board (Helb) ran out of cash, setting them up for challenges raising alternative funds for tuition, accommodation and upkeep.

Helb told Parliament on Wednesday that the students will have to wait till the Treasury releases Sh5.7 billion for onward disbursement to them.

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