JUST IN: HELB Offers Limited-Time 80% Penalty Waiver for Loan Defaulters 

  The Higher Education Loans Board (HELB) has announced an 80% penalty waiver for Kenyans who have defaulted on their student loans, offering a lifeline to thousands of borrowers and a boost to the country’s higher education financing efforts. In a notice issued on Tuesday, June 17, HELB confirmed that the waiver, dubbed “Be the Reason Someone Believes,” targets penalties accumulated from delayed loan repayments. However, to benefit from this limited-time offer, defaulters must clear their outstanding balances between June and July. HELB urged borrowers to seize the opportunity and settle their loans within the two-month window. The board emphasized that
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