The Higher Education Loans Board (HELB) disburses loans to university students before the commencement of new semesters.
Ordinarily, loanees access money through their bank accounts- or mobile banking apps depending on convenience, which may sometimes be inconvenient, especially for frequent expenses needed to support their studies.
Herein is the process of accessing HELB funds through your M-PESA wallet for withdrawal and other services.
Procedure
You must download the M-PESA mobile application from Google App or Apple Store to access your funds through the mobile money service provider.
First-time app users must sign up using the registered M-PESA number and details, while those with an existing account should proceed to sign in.
Once you have an account, log in to access the homepage and explore the options available on the interface.
Click on the education option, under the "services" option, to open the window and select HELB from the categories available.
You will then be required to register on the HELB mini-app after agreeing to the terms and conditions.
After signing in, you will receive a verification code which is required for you to log in.
Once the login is successful, select the withdraw option to transfer the money to your normal M-PESA account.
The M-PESA wallet was introduced in 2021 in a partnership between HELB and Safaricom.
According to the two entities, the move aimed at ensuring convenience for loanees and promoting responsibility in using the funds.
