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Loans board needs Sh10b as number of new university students soar

The Higher Education Loans Board requires Sh10 billion for university students to be enrolled this year.

The beneficiaries total 235,000, including the continuing students and Higher Education Loans Board (HELB) Chief Executive Officer Charles Ringera said this is the highest number of students the board has ever handled. HELB expects to collect Sh4 billion from loan recoveries, leaving a Sh6 billion deficit.

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