- President Ruto says HELB funds will be sent to students by Friday.
- Acknowledges delays and confirms intervention from government officials.
- Warns of consequences if funds are not disbursed as promised.
- Government had earlier released Ksh3.32 billion for First and Second-Year students.
President William Ruto has assured university students that their Higher Education Loans Board (HELB) funds will be deposited into their accounts by Friday, March 15.
Speaking on Wednesday, March 12, Ruto admitted there had been delays in the disbursement process but emphasized that measures had been put in place to ensure students receive their funds.
“I am aware of the challenges regarding HELB disbursement. Yesterday, I met with the CS to discuss the issue, and today, the Head of Public Service is handling it.
“I have directed them to ensure that the funds are sent to students by Friday so that everyone can access their money,” he stated.
Ruto Issues Warning Over Further Delays
The President also issued a stern warning, stating that if the funds are not credited by the promised deadline, he will hold those responsible accountable.
“If by Friday the money is not in your accounts, reach out to me. There are individuals I will personally hold responsible for this delay,” he added.
Earlier Government Disbursement of Ksh3.32 Billion
Ruto’s directive comes just a month after the Ministry of Education confirmed that the government had released Ksh3.32 billion for First and Second-Year students under the 2024/25 academic year.
In a statement dated Tuesday, February 4, Education CS Julius Ogamba confirmed that the HELB loans range from Ksh40,000 to Ksh60,000 per student, with the funds specifically allocated for student upkeep.
“By January 31, 2025, the government had disbursed a total of Ksh3.32 billion for First and Second-Year students. The funds, issued through HELB, are crucial for student welfare, with upkeep loans ranging between Ksh40,000 and Ksh60,000 per student,” read part of the statement.
CS Ogamba further noted that the funds were part of the government’s 2024/25 budgetary allocation, approved in July 2024 to support students across the country.
