Ever heard of HELB? The organization which provides bursaries, loans as well as scholarships for public institutions recognized by the Ministry of Education in Kenya? Well today article is about them. Specifically the HELB Student Smart Card.
The HELB (Higher Education Loans Board) Smart Card is a preloaded card which is issued to students and linked directly to a sponsoring university or college. The HELB Smart Card also gives college students easy access to their money.
Features Of The HELB Smart Card
Below are more of the features of the HELB Smart Card:
- The HELB Smart Card is a multi wallet card with 3 separate wallet accounts which are Tuition, Upkeep and VISA. The VISA wallet account can be used at various VISA branded ATMs and POS terminals worldwide.
- The HELB Smart Card also contains the name(s) of the student, the photo, course, registration number, in addition to the university’s name and logo.
- The HELB Smart Card is also reloadable via the VISA wallet account. Just ensure that you use the HELB partner banks. It can also be used to access HELB disbursements.
- The HELB Smart Card also offers NFC capability and a barcode at the back of the card.
Benefits Of The HELB Smart Card
Below are some of the beneficial services of the HELB Smart Card to both students and the universities and colleges:
- The HELB Smart Card offers convenience to student who use it as a result of the fact that it has several transaction access points which include VISA branded ATMs, Co-op ATMs, agents and also merchants.
- The HELB Smart Card also offers flexibility regarding disbursements and can also be a very effective budgeting or planning tool for users.
- The HELB Smart Card allows for operational efficiency for universities and colleges through access controls within the campus premises, leading to it being more convenient for students.
- The HELB Smart Card is also very easy to implement because it offers a dedicated relationship support in addition to Call centre support services. The HELB Smart Card offers account monitoring and reconciliation for the card accounts as well.
What You Need To Apply For A HELB Smart Card
To apply for the HELB Smart Card, you will need:
- A signed application or contract agreement between your University and the bank. To obtain one, simply visit your school’s Dean of Students office to obtain an application or contract agreement. You can also visit any HELB partner bank near you to get one.
- A signed mass data upload with instructions for all prospective cardholders by your University.
The HELB Partner Banks are Cooperative Bank, Equity Bank, Family Bank, Jamii Bora Bank, KCB, National Bank, NIC Bank, Post Bank.
