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.