Kenya Medical Training College college students have precisely one week to lock in authorities loans after the Higher Education Loans Board reopened its portal on Wednesday, June 18. Applications shut on Monday, June 24, and no paperwork will likely be accepted after that date.
HELB says the revived kitty is price KSh500 million, cash launched by the National Treasury within the April supplementary price range to ease a funding drought that hit medical trainees final 12 months.
“The HELB portal is now open, and college students serious about making use of for the monetary assist can achieve this beginning right this moment,” KMTC chief govt Dr Kelly Oluoch introduced. “The software window will stay open till June 24, so please take benefit.”
What you want | Why it issues |
---|---|
National ID and KRA PIN | Verifies id for mortgage processing |
KMTC admission letter | Confirms lively enrolment in certificates or diploma course |
Signed guarantor kind | Binds a mum or dad or guardian to repayments |
Uploads through HELB portal (no onerous copies) | Makes the whole course of paper-free and quicker |
The loans—capped at a 4 % annual curiosity—cowl tuition, hostel expenses, and day-to-day maintenance. They goal greater than 60,000 learners unfold throughout 75 KMTC campuses, although officers anticipate about 22,000 to qualify this cycle primarily based on previous uptake.
KMTC college students had been frozen out of the scheme within the 2023/24 monetary 12 months as the federal government tried to trim spending. That transfer pressured some trainees to defer research or drop out altogether, triggering months of lobbying by faculty leaders and MPs.
Treasury’s money injection—and HELB’s speedy reopening of the portal—now marks a coverage U-turn. Health Cabinet Secretary Aden Duale had promised the rescue in early June, arguing {that a} nation battling employees shortages in hospitals can’t afford to stall its pipeline of nurses and scientific officers.
Parents and college students should file purposes on-line solely; handwritten kinds or campus visits received’t depend. Successful candidates will obtain award letters by early July, with cash hitting faculty charge accounts forward of the September semester.