75,000 freshers miss loans on broke Helb

Student loan beneficiaries at Helb offices in Nairobi. FILE PHOTO | NMG

More than 75,000 university freshmen have failed to get State loans after the Higher Education Loans Board (Helb) ran out of cash, setting them up for a tough life at the beginning of their studies.

Helb said the freshmen, who joined public universities in September, will have to wait till the Treasury offers it Sh3 billion for initial disbursement.

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