Who Is Eligible To Apply For HELB Jielimishe Loan For Salaried Students?

HELB is a government loan that takes the stress of school fee payment of the mind of students. This allows them to focus on their academics without too much financial pressure because the institutions cater to this. Salaried employees are also eligible for this kind of help through the HELB Jielimishe loan that is specifically available for employees with a salary.

Features Of HELB Jielimishe Loan

Before rushing to apply for the Jielimishe loan, make sure you understand what it offers. It has numerous gains that employees pursuing further education can benefit from. However, like all other loans, it is important to know the terms and conditions before signing up for it. Its features include:

• Quick loan processing
• A competitive interest rate of about 10% per year
• Flexible repayment periods of 12 – 48 months (This translates to 72 months for Public Servants)
• Convenient and easy monthly check-off repayments
• Those who qualify can borrow up to 90% of their program fees as long as it is a maximum of Kshs. 600,000
• It is a considerably affordable Credit Life Insurance Policy.

Requirements And Qualifications

While the loan comes with numerous gains that employees will enjoy, it is also not different from other financial loans. There are specific qualifications that applicants must meet. It is not open to everyone; thus, understanding these requirements helps. They include:

• The need to have an admission letter from a recognized Kenyan university/College
• Applicants must present certified copies of their last acquired academic certifications (It must be certified by a commissioner of oaths)
• They must also attach the latest three (3) months payslips (these have to be certified by the employer)
• In case of contract employment terms, provide a copy of the appointment letter for a contract that is not less than two years (It should also be certified by your employer)
• Attach a certified copy of your National ID (It should be certified by a commissioner of oaths)
• Offer a certified copy of your KRA PIN (Should be certified by a commissioner of oaths)
• Have a certified copy of National ID from two employed guarantors (They should also be certified by a commissioner of oaths)
• Attach recent coloured passport size photograph of yourself.

Who Qualifies For This Loan?

Once you meet the said requirements, the next thing you need to ensure is that you truly qualify for the loan. Meeting these requirements is the first step. In most cases, the government defines employees qualified for the loan, and they include:

• Civil service workers (These are people working in ministries, counties, national police service, and the Kenya defence forces)
• Public Commissions: These include workers such as Teachers Service Commission, JSC, PSC, CAJ, SRC, CRA, etc.
• Parastatal workers like those working in organizations such as KRA, NSSF, NHIF, NTSA, KWS, KFS, KPA, etc.
• Public Universities workers
• Workers of Selected Private Companies: You can send an e-mail to jielimishe@helb.co.ke.co.ke to check if the company you work for is eligible for these privileges.

How To Apply

All applications are made through the Jielimishe HELB loan portal, which is the official Jielimishe loan application channel. The loan repayment starts immediately after the funds have been disbursed to the learning institution. It is important to plan properly to cater to any financial hitch this loan may cause.

Jielimishe is a great HELB loan for salaried students. It is an easy way to go through school while working and unable to gather all the necessary funds at once. Jielimishe makes it possible for workers to study and pay for their education without too much pressure.

HELB Jielimishe is an ideal loan for any salaried employee considering furthering their education. After all, there will never be the right time to truly pursue further education. There will always be something that seems to be more important than your education, and you may end up putting it off until you are unable to do it. This loan allows you to prioritize it by taking off the financial burden.

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