Helb has no money for University students; says CEO

Helb loans application
Helb loans application

High educational loans board CEO Charles Ringera has pleaded with Moi University students and other student’s country wide to be patient regarding their upkeep money.

According to Ringera, Helb requires up to 15.5 Billion in order to be able to fund all the 500,000 students country wide; amount which they currently don’t have.

“Things are not good. We are waiting for funding from the Exchequer and our collections are not quite good because of the Covid-19 situation. The students will have to be patient and bear the situation,” said Ringera.

Ringera confirmed on Wednesday morning that all student’s in their list had not received their upkeep money. He also revealed that Helb loans budget has been cut by 2 billions.

On Teusday, Moi University students went to the streets demanding the board to come to their rescue after one of them died of hunger.

“We have decided to picket on the streets because our efforts to resolve this matter internally has not succeeded. We will remain on the streets until our cries are heard by those concerned”, said Kwemoi one of the student Leaders.

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