Are you a HELB loan defaulter? Be ready to be published on local dailies

The counters at the High Educations Loans Board. (HELB)

Are you a HELB loan defaulter? Be ready to be published on local dailies

If you still owe the Higher Educations Loans Board (HELB) any coin since 1975 to date, be ready to be published name and picture on leading newspapers soon, HELB has confirmed.

According to HELB, defaulting in payments of student loans denies other needy student access to higher education hence the deployment of the tough and embarrassing decision to publish defaulters.

“Some beneficiaries who are in default have not responded to previous communication, therefore, sustained default hinders funding of other deserving Kenyan youth,” reads part of HELB statement.

However, the Loans body has given all defaulters a 30 days before the list of shame is published and if the naming and shaming does not inspire defaulters to pay up then they will face further legal action.

“Beneficiaries who are not servicing their loans are therefore advised as to get in touch with HELB for particulars of their loan accounts and any other inquiry on loan status may be confirmed via the loanee portal on the website.”
HELB say more than 85,000 people have defaulted to pay an amount standing at Sh52.1 billion to date.