Condition to be met before underage students get HELB Loan.
The provision of HELB Loans to minor students without national identity cards (IDs) is subject to one requirement.
The circumstances under which students who enroll in institutions will receive government support have been made clear by the HELB.
About 2000 candidates enrolling in higher institutions and have applied for loans and scholarships have not yet received IDs. They are yet to attain eighteen years.
According to HELB CEO Charles Ringera, these students remains ineligible for government support until they turn in their identification cards.
Their money would similarly be withheld until they collected their IDs and presented them to the board. HELB Loans applicants must hence enter both their own identification number and their parent’s identification number during the application process.
Ringera contends that giving loans to students under the age of 18 by the board is against the law.
He emphasized the need of possessing a national ID when establishing a student’s identity, especially during repaying a loan.
Ringera further advised other students to submit applications for financing from openly disclosed funds.
He emphasized that the new funding model had been implemented at the appropriate time. Every student would ultimately receive money to support their higher education by continuing their studies.
He also made it clear that the funds allotted for students who changed their colleges/courses would still be accessible.
The new funding plan has students as its main priority.
Over 285,698 students are expected to enroll at a variety of schools and institutions in September, and the new funding mechanism will support them. He refuted the assertion that some kids will be left out of the new model.
Ringera also stated that the new funding model has the benefit of ensuring students get monies in the least in need, most vulnerable, most in need and needy categories.
Condition to be met before underage students get HELB Loan.