The Higher Education Loans Board (HELB) reminds all employers that they are required by law (HELB Act Cap 213 A) to inform the Board in writing of any University graduate employed within three months of such an employment.
Upon confirmation by the Board that such a person so employed is a loanee, they will be expected to deduct from the wages or remuneration of the loanee, the amount of any loan as instructed by the Board.
Further the Board wishes to advise employers that failure to comply attracts a penalty of Ksh. 3000 for each month per University graduate payable by the employer as per section 17(2) of the HELB Act.
The HELB Inspectors shall be carrying out countrywide inspection to ascertain compliance to the HELB Act as stipulated in section 23 of HELB Act.
Any enquiries should be directed to the Secretary/CEO of the Board.
