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Pursuant to HELB ACT 1995, SECTION 15 (1) and (2) a penalty of Kshs.5,000/= has been levied for each month or part of the month that has remained unpaid since maturity of the loan. Accounts that are currently not active regardless of previous partial payments also attract the penalty.

This is to notify Kenyans in the United States of America and in particular all University Loanees that; 1.The Board shall waive 80% penalties for any Loanee who will pay his/her outstanding loan in lump sum. 2.The amnesty shall run between 1 st to 30th September 2015. 3.

The amnesty is aimed at giving Kenyan University Loanees living in the USA an opportunity to pay any outstanding loan balances due to the Board so that they are compliant to various National laws and regulations. 4.Loanees may check their outstanding balances via our website: by clicking on Loan Repayment status , Register and fill the Enquiry form.

Complete and Submit to 5.The Board wishes to request the Loanees in the USA to take advantage of this amnesty period. Take the Opportunity NOW!!!!!!!!!!!!!!!!!!

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