The Higher Education Loans Board( HELB) has appealed to beneficiaries of the fund to repay as a means of assisting other students in college.
HELB CEO Charles Ringera has said that , the agency is short on funds and repaying some of the loans will go a long way in boosting their services.
Ringera has noted that majority of loans are yet to be paid by graduates despite having a source of income.
"After graduation, we normally give beneficiaries a grace period of one year so that they can start to repay. However many have not been doing so despite having a source of income," said Ringera.
The agency has so far sponsored 520, 000 students since its inception in 1970.
" Out of these 120, 000 beneficiaries have repaid sh10billion, 73, 000
HELB CEO Charles Ringera has said that , the agency is short on funds and repaying some of the loans will go a long way in boosting their services.
Ringera has noted that majority of loans are yet to be paid by graduates despite having a source of income.
"After graduation, we normally give beneficiaries a grace period of one year so that they can start to repay. However many have not been doing so despite having a source of income," said Ringera.
The agency has so far sponsored 520, 000 students since its inception in 1970.
" Out of these 120, 000 beneficiaries have repaid sh10billion, 73, 000