The first disbursement of HELB loans for first-year students will commence on August 15, a date which coincides with the opening of universities.
This is according to Education CS Julius Ogamba, who clarified that the funds would be released in phases, in a move aimed at facilitating a smooth transition for new students.
The Ministry also announced a considerable increase in the allocation for the Higher Education Loans Board (HELB), a major boost for students seeking loans for higher learning.
CS Ogamba further announced on Thursday that the allocation for HELB will rise from Ksh36 billion to Ksh41 billion.
