Thursday, June 20, 2024

Navigating New Waters: HELB Extends Lifeline to Maritime Students in Kenya

 The Higher Education Loans Board (HELB) in Kenya is a vital institution that provides financial assistance to students pursuing higher education. Established in 1995, HELB's primary mission is to offer loans, bursaries, and scholarships to needy and deserving Kenyan students in both public and private universities, as well as technical and vocational education and training (TVET) institutions. By alleviating financial burdens, HELB has enabled countless students to complete their education and contribute meaningfully to the country's socio-economic development.#


In a significant move to bolster the maritime industry, HELB recently announced the extension of student loans to maritime students in Kenya. This initiative is a response to the growing demand for skilled professionals in the maritime sector, which is crucial for Kenya's economic growth given its strategic location along the Indian Ocean.

The decision to include maritime students in the HELB loan scheme marks a strategic shift to support specialized education and training. The maritime industry encompasses a wide range of activities, including shipping, logistics, fisheries, and port management, all of which require highly skilled personnel. By providing financial support to students in this field, HELB aims to bridge the skills gap and enhance the country's capacity to manage and develop its maritime resources.

Maritime students in Kenya often face high tuition fees and other related costs, which can be prohibitive without financial aid. The inclusion of these students in the HELB loan program is expected to ease their financial burdens and enable them to focus on their studies. This move is anticipated to increase the number of qualified maritime professionals, thereby strengthening the industry.

Moreover, this initiative aligns with the Kenyan government's broader vision of transforming the country into a maritime hub. The government has been investing in infrastructure development, such as the expansion of the Port of Mombasa and the development of the Lamu Port-South Sudan-Ethiopia-Transport (LAPSSET) corridor. These projects are expected to create numerous job opportunities and drive economic growth.

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