The Higher Education Loans Board (HELB) has announced a training fund targeting civil servants across various government institutions.
In a statement on Wednesday, March 18, HELB confirmed that the fund will be implemented in partnership with the Ministry of Public Service.
The agency explained that the programme is designed to cater to a wide range of public servants across both national and county levels, as well as government institutions.
“This fund is set aside for the Ministry of Public Service works in collaboration with HELB for Civil Servants in the National Government, County Governments, National Police Service and Teachers Service Commission (TSC) to pursue Certificate, Diploma, Higher National Diploma, Masters, PhD and Professional courses,” the statement read.
HELB outlined the eligibility criteria, noting that the fund is exclusively reserved for individuals currently serving in government institutions.
“Applicants must be a civil servant- an employee of a Ministry, County Government, Teachers Service Commission (TSC) or National Police Service,” the statement added.
According to HELB, the loans under the programme come with relatively favorable terms, aimed at making repayment manageable for beneficiaries while encouraging uptake.
“No processing fees; loan amount is up to Ksh500,000 per year; repayment period is up to 72 months; repayment is by check-off; and interest charged is 4% per year on reducing balance,” the statement explained.
In terms of requirements, applicants will be required to submit a comprehensive set of documents to qualify for the fund, including proof of admission and employment details.
“Admission letter from a recognized university or training institution in Kenya; copies of 3 months latest pay slips with a net pay above 1/3 of basic pay (certified by employer); copy of the National ID; copy of KRA PIN; copy of National ID from two guarantors employed within the civil service; and recent colored passport size photographs,” the statement concluded.
