HELB announces loans targeting civil servants; requirements
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The Higher Education Loans Board (HELB) urges civil servants to apply for a loan identified as the training revolving funds
The Higher Education Loans Board (HELB) urges civil servants to apply for a loan identified as the training revolving funds.
Higher Education Loans Board (HELB) on Friday, January 3, launched a new credit facility targeting civil servants.
The fund is set aside for the Ministry of Public Service works in collaboration with HELB for Civil Servants in the National Government, County Governments, and National Police Service to pursue postgraduate studies including Masters and PhD.
“Civil servants, this one’s for you! Application is now open for the Training Revolving Fund – TRF Loans,” the notice reads.
According to HELB, the new credit facility will be known as the Training Revolving Fund (TRF).
According to HELB, civil servants can apply for amounts between Ksh30,000 and Ksh500,000, payable in a prolonged period of up to six years.
The loan will be charged at 4 per cent interest with no processing fee required.
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Eligibility
Applicant must be a civil servant- an employee of a Ministry, County government or National Police service and the loan is strictly for postgraduate studies.
Requirements
Admission letter from a recognized university or training institution in Kenya.
Recommendation letter from the employer.
Copies of 3 months’ latest pay slips with a net pay above 1/3 of basic pay (certified by employer)
Certified copy of the National Identity Card
Certified copy of Kenya Revenue Authority (KRA) PIN
Certified copy of National ID from two guarantors employed within the civil service.
Recent coloured passport-size photographs.
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