THE HELB MOBILE APP FROM PLAYSTORE. HOW TO USE THE APP TO APPLY FOR HELB SECOND & SUBSEQUENT LOANS FOR STUDENTS.

Helb loan application form questions and their answers

May 31, 2025 Hillary Kangwana

FINANCIAL LITERACY ASSESSMENT

The Higher Education Loans Board, HELB, requires you to answer a number of online questions during the loan application process. See the questions you would be required to answer, below;

Questions asked during the Helb loan online application process

All fields marked with Asterisks (*) are required.

1. What is a Loan? *
A loan is a sum of money borrowed to be repaid with interests as per terms and conditions given by the lender.

A)True.

B) False.

2. How does one access the HELB Loan? *

To access the HELB loan, one must make an application and submit the same for processing.

A) True.

B) False.

3. Must one apply for a HELB Loan? *

It is not compulsory to apply for a HELB loan if one has alternative sources of financing their education. Only apply for the loan if you need financial assistance during your studies.

A) True.

B) False.

4. Who qualifies to apply for a HELB loan? *

A government sponsored or privately (self) sponsored student in a recognized institution of Higher Learning can apply for HELB loan at any stage of their academic program as long as they are within their allowable loans for course duration.

A) True.

B) False.

5. I am below 18 years, Can I access HELB Loan? *

Until I am 18 years of age and holder of a KENYAN NATIONAL ID card, I CAN NOT access HELB Loan. The loan is a legally binding agreement between HELB and the applicant. I cannot use another person’s National ID to apply for the loan because it is illegal.

A) True.

B) False.

6. What do I do if I am unsatisfied with my previous loan award? *

If not satisfied with loan award, I may appeal/ request for review of my loan award if amount sought is within the applicable loan limit.

A) True.

B) False.

7. How much is charged as loan Interest? *

HELB offers Undergraduate direct entry, TVET and Afya Elimu loans which are repayable at an interest rate of 4% p.a.

A) True.

B) False.

8. The following is a list of expenditures. Which one is applicable on how HELB loan should be utilized? *

A) Partying

B) Paying College/University fees and purchasing study materials

C) Betting

D) All of the above

E) None of the above

9. A loaneee has the following obligations, which one is NOT true *

A) Inform the Board of his/her current contact contacts

B) Begin repayment of his/her loan together with any interest and fees accrued thereon

C) If he/she is in formal employment, to authorize his/her employer to deduct the loan repayment and to remit it to the Board in such a manner as the Board may direct

D) If he/she is informal employment or self-employment, should contact HELB for a negotiated repayment plan

E) Fail to repay the HELB loan when due

10. Which one of the following statements is False? *

A) HELB loan should be repaid upon maturity or as such a time when the Board recalls, whichever is earlier

B) Failure to initiate the loan repayment within the expected timelines attract penalties

C) I will be NOT be required to repay the loan whether I finish School or not

D) If I repay the loan consistently, I will not be negatively listed with Credit Reference Bureau

E) Upon completion of loan repayment, a clearance certificate is issued or a compliance certificate if still repaying the loan

Questions asked during the Helb loan online application process

1. What is a Loan? * A loan is a sum of money borrowed to be repaid with interests as per terms and conditions given by the lender.

2. How does one access the HELB Loan? *

3. Must one apply for a HELB Loan? *

4. Who qualifies to apply for a HELB loan? *

5. I am below 18 years, Can I access HELB Loan? *

6. What do I do if I am unsatisfied with my previous loan award? *

7. How much is charged as loan Interest? *

8. The following is a list of expenditures. Which one is applicable on how HELB loan should be utilized? *

9. A loaneee has the following obligations, which one is NOT true *

10. Which one of the following statements is False? *

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1. What is a Loan? *
A loan is a sum of money borrowed to be repaid with interests as per terms and conditions given by the lender.