The Controller of Budgets (CoB) has finally unlocked Busia County Higher Education Loans Board (HELB), three years after it halted the exercise until certain conditions are met.
There is now hope for Busia University, Middle Level Colleges and Technical Vocational Education and Training (TVET) students following CoB’s release of Sh28 million to Busia County Revolving Scheme.
Busia County Executive Committee Member (CECM) for Education and Vocational Training John Mwami said the department has already wired the money to HELB to help disburse to beneficiaries from the county on their behalf.
HELB will advertise in the mainstream media any time from now inviting eligible students from Busia County to apply; the information will also be uploaded on the county website www.busiacounty.go.ke.
The CECM said a special fund for health has been set aside for needy students from Busia County who are undertaking their certificate and diploma courses at the Kenya Medical Training Centre.
Mr Mwami said the County will also partner with the County Government to disburse scholarships to 105 students from the county undertaking specialized courses like law, medicine and engineering.
Unlocking of the HELB revolving fund came three weeks after officials from Busia County Revolving Scheme and HELB met in Busia with the aim of unlocking the issue of HELB that had remained the bone of contention.
Busia County and HELB signed a service contract in June 2015 that saw the disbursement of Sh27million to 1689 beneficiaries including 1091 male and 598 female.
CoB wanted the amendment of the 2017 Act to bring on board the County Education Support Scheme Board as managers of the fund and the removal of Members of the County Assembly from being members of the ward education committees. It also wanted policy and regulations put in place.