The Higher Education Loans Board, moving to avert a demonstration by university students, says beneficiaries will have money in their accounts by today evening or tomorrow morning.
HELB Chief Executive Officer Charles Ringera blamed the delay on university administrations’ slow pace at submitting the lists of beneficiaries. “We received the list Friday last week. That is a short time indeed,” he said. “The students under contention are ‘the accelerated lot’ who get admitted way ahead of the rest. These students report earlier than all other students under the accelerated programme.
He said while the rest of students report in September, the accelerated group popularly known as ‘double intake lot’ report in May or June. “But universities do not tell us their opening dates complete with the list of students thus delaying the disbursement process,” said Mr Ringera.
NEXT READ: HELB, KCB LAUNCH LOAN DISBURSEMENT SMARTCARD
This means that the Fund shall have disbursed some Ksh100 million to benefit 10,000 students. University students had cautioned the public against using certain roads on Friday since they would stage a nationwide demonstration over delayed HELB loan disbursement.
Kenya University Students’ Organization (KUSO) chairperson Babu Owino said students would block all major roads in the country if the money is not in their accounts by Friday. The students intended to protest along Uhuru highway, Mombasa road, Ngong road, Kiriamiti road, State House road, Nairobi-Naivasha highway, Siaya-Ugenya road in western and Lunga Lunga road in coast among others.
ALSO READ: EIGHT UNIVERSTY CAMPUSES TO BE CLOSED
Leave a comment