ENGL
OMONDI BRENDAH tivet-loan.pdf

No loan shall be disbursed unless this agreement form

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No loan shall be disbursed unless this agreement form is signed. 18. The signature of the shall certify the reading, understanding and being in agreement with the terms and conditions herein including certification. 19. The applicant shall bear the cost and responsibility-of repayment as prescribed by helb where upon after loan application; funds are disbursed to the 20. applicant or the institution where he/she is enrolled but remain unutilized. The applicant upon being awarded a loan by helb shall bear the cost/responsibility attached to desruction of any financial record generated in the 21. event that they have completed repaying their loan or did not utilise the funds and the record is deemed obsolete. The board shall effect a loan indemnity scheme as deemed approriate. 22. Loan award shall not be made more than once for each year of study 23. The loanee/applicant is obligated at all times to confirm with his institution receipt of loan disbursed on his account. 24. It shall be the obligation of the loanee/applicant to follow up on any un-utilized funds and ensure that such funds are returned to HELB. 25. Any amount disbursed on account of the loanee/applicant, whether utilized or not, shall be deemed to be a loan which must be repaid in full. 26. It shall be the obligation of the loanee/applicant to inform HELB of any transfers or failure to take up the admission offer. 27. There shall be no replacement of a guarantor, unless the loanee furnishes certified/commissioned details of the new guarantor. HELB reserves the 28. right to authenticate the details. The signature of the loanee shall certify the reading, understanding and being in agreement with the terms and conditions herein including 29. certification. Any dispute arising out of the relationship between HELB and the applicant/loanee shall in the first instance be referred to Alternative Dispute 30. Resolution (ADR) mechanism as determined by HELB. Loan Applicant`s Signature ................................ ID No ....................... Date: 30/10/2018 Authorized Signature (HELB) Date: 30/10/2018 Official Verification TERMS AND CONDITIONS
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[email protected] 30-10-2018 page 7 of 7 PLEASE NOTE THAT IF YOU DO NOT SIGN THIS AGREEMENT FORM (Page 5), YOUR LOAN SHALL NOT BE PROCESSED i) Passport Size Photo vii) Copy or Copies of Death Certificate if Orphaned ii) Copy of Applicant's ID Card Father iii) Copy of Admission Letter Mother iv) Copy of Fees Structure viii) Copy of KSCE Result Slip v) Copy of Parent's ID Cards (Father, Mother) ix)Signed, Stamped All parts vi)Copies of Guarantors ID Cards x)Copies of Father's/Mother's Payslip (s) xi)Copy of Bank ATM/Card if no account confirmation by Bank Applicant's Check list
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