The Higher Education Student Loan Board (HESLB) has lent loans to the new 25,532 students of the 41,000 students who requested for the year 2018/19.
Speaking to journalists on Wednesday, October 17, 2018, the General Director General of the Board, Abdul-Razaq Badru, said the application for the reception window was opened May 5 to October 10, 2018.
25,532 students in the first phase who received a value of Sh88.36 billion while 69 students studying abroad were benefiting from the loans.
The director said this year, 2018/19, the government has allocated a total of Sh427.5 billion including those of the first year.
He said it was the first phase and the second phase will be announced after the TCU has been criticizing other students and those who have appealed.
The board said students who continue their studies will continue to get loans but on their terms of education to submit the test results while explaining ten colleges have not submitted them and want them to do so quickly.
PDF FILE (LOAN ALLOCATION 2018/19)