The Higher Education Loans Board (HELB) has issued a reminder to employers to submit all deductions from employees' salaries for HELB loan repayments by the 15th of every month. This directive aims to ensure timely compliance with statutory obligations and prompt updating of beneficiaries' loan accounts.
In a notice released on Friday, August 14, 2026, HELB emphasized that adherence to the remittance deadline is crucial for maintaining accurate repayment records and supporting the sustainability of the loan fund.
Registration for New Employers
HELB also called on new employers to register on its dedicated employers’ platform to facilitate smooth processing of loan deductions. Registration can be completed online via http://bit.ly/4gtp8MV. Registered employers are expected to promptly submit monthly remittances once deductions commence.
Ensuring Compliance and Timely Remittances
- Employers must accurately deduct loan repayments from employees’ salaries.
- Remittances should be made by the 15th of each month to avoid delays.
- Timely payments help maintain updated loan repayment records for beneficiaries.
- Use of the HELB employers’ digital platform is encouraged to streamline submissions.
This reminder forms part of HELB's ongoing efforts to strengthen compliance among employers and safeguard the revolving fund that supports higher education financing for future students.
