Employer

Employer

Obligation Of the employer

All employers in Kenya have three obligations to HELB, namely, to Disclose, Deduct and Discharge payments to HELB.

Disclose:

Employers are required to inform HELB upon recruitment of a beneficiary. You can now do this online on the HELB Employers Portal by uploading list of all staff or new staff. You will get a report on beneficiaries, their outstanding balances and monthly deduction rate.

Deduct:

HELB shares monthly deduction rate for all loanees with outstanding balances. After uploading list of staff, the employer will get a report on beneficiaries, their outstanding balances and monthly deduction rate. The Employer then goes ahead and makes deductions as listed in the monthly deduction rate.

Discharge (Remit):

All student loans deducted by employer must be remitted to HELB by the 15th day of the following month. Failure to remit or delayed remittance may attract penalties of 5% per month.

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The Higher Education Loans Board (HELB) is a statutory body established in July 1995 by an Act of Parliament ‘Higher Education Loans Board Act’ Cap 213A.It is a state corporation in the Ministry of Education.The Board is domiciled and operates within the republic of Kenya.
Higher Education Loans Board is a state agency under The Ministry Of Education © Copyright 2021 – HELB is ISO 9001:2015 certified.
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