| dc.description.abstract | Higher Education Loans Board (HELB) is the major source of financing higher education in
Kenya. Non-repayment of the loan among university students after they have graduated is a
major drawback on funding education for other needy students. The total amount of loan
available to the current students depends on repayments done by the past students. Nonrecovery of loans leads to non-sustainability of the education fund which leads to a number of
loan applicants unable to get the loans which are meant to assist them cater for their learning
expenses. This study sought to find out the factors affecting repayment of higher education
loan by university students in Kenya. The study will be guided by three objectives which will
focus on how ability to pay, loan repayment policy and perception towards HELB loan
affects repayment of Higher Education Loans. A review of related literature will be
conducted, which comprises, background of student loan financing, loan default, success and
failure of student loans schemes and other literature relating to issues on student loan
financing. The study population will consist of 261,933 university graduates who are
beneficiaries of higher education loans and their loans had matured by the year 2015. The
study will employ a descriptive research design and random sampling technique will be used
to develop the sample size. Collection of data will be done using structured questionnaires
which will be given to the target respondents to fill in. Exploratory Factor analysis will be
done using SPSS version 20 after which a Multivariate regression will be fitted on the data to
determine the relationship between the dependent and independent variables. | en_US |
