NAIROBI, Kenya- If you’re an accounting student struggling with tuition and exam fees, here’s some good news: HELB has officially launched the KASNEB Foundation Loan and Bursary Scheme, offering financial aid tailored specifically for KASNEB students.
This means if you’re pursuing a Certified Public Accountant (CPA), Certified Secretaries (CS), or one of the other four eligible courses, you can now apply for funding to cover both tuition and examination costs.
Who’s Eligible and What’s Covered?
To qualify, you must be enrolled in a KASNEB-accredited institution. The loan will cater to tuition fees, exam registration, renewals, and exemption fees, ensuring students can focus on their studies without financial stress.
The scheme covers the following six programs:
- Certified Public Accountants (CPA)
- Certified Secretaries (CS)
- Certified Investment and Financial Analysts (CIFA)
- Certified Credit Professionals (CCP)
- Accounting Technicians Diploma (ATD)
- Certificate in Accounting and Management Skills (CAMS)
Here’s where it gets even better:
The loan has a low interest rate of 6pc per year, making it an affordable financing option for students. Repayment begins three years after graduation, giving borrowers ample time to establish their careers before starting payments.
The loan must be fully repaid within 60 months (five years) from the start of repayment. Additionally, a one-time administrative fee of Ksh 500 is deducted during disbursement to cover processing costs.
That’s a pretty sweet deal, especially for students who need financial flexibility while pursuing their accounting certifications.
The KASNEB Foundation Loan and Bursary Scheme is now open, offering support for both your tuition and exam fees. With attractive interest rates and flexible repayment periods. See requirements and apply: bit.ly/3wYzYX9
How to Apply
Applying is straightforward—and it’s all online. Just follow these steps:
- Visit the HELB website and create an account on the HELB Student Portal.
- Log in and click on the Loan Application tab.
- Select either:
- KASNEB Foundation Loan and Bursary – Tuition Fees Only, OR
- KASNEB Foundation Loan and Bursary – KASNEB Fees Only.
- Review and agree to the consent for personal data collection.
- Fill out and submit the loan application form online.
With a low-interest rate, flexible repayment period, and full coverage of tuition and exam costs, this loan is a lifeline for students looking to advance in the accounting field.Don’t wait—if you’re eligible, head over to HELB’s website and apply today!
