Kenyan employers who deduct Higher Education Loans Board (HELB) repayments from staff salaries but fail to pass the money on by the 15th of the following month will now pay a five percent penalty for every month the cash is late.
The board issued the reminder saying the three-step rule is simple: tell HELB when you hire anyone with a student loan, deduct the correct amount each payday, and forward the cash on time.
Are you an employer in Kenya with staff who benefitted from HELB?
Fulfilling your obligation has never been easier! Simply Disclose, Deduct, and Discharge through the convenient https://t.co/RBcDUjYjWw pic.twitter.com/y2Sn1Oi2gw
— OFFICIAL HELB PAGE (@HELBpage) September 4, 2025
Ignoring any step can be expensive, and potentially criminal. Section 17 of the HELB Act states that an employer who “without reasonable excuse” fails to notify the board that it has hired a borrower commits an offence and is liable to a fine of “not less than three thousand shillings for each month” of non-compliance.
To reduce paperwork, HELB has opened an online Employer Portal where companies can register, declare new staff with loans, view exact deduction amounts and remit payments in a single workflow.
The post HELB Warns Employers: Late Loan Remittances Now Cost 5% a Month, Plus Possible Court Action appeared first on Bossnana.
