HELB offers 80% penalty waiver for loan defaulters to ease backlog of unpaid debts

Higher Education Loans Board (HELB) has offered 80 percent waiver to all loan defaulters, the relief which applies to individuals who settle their outstanding arrears in full. In a public notice issued on, August 5, 2025, HELB confirmed that the waiver is aimed at encouraging defaulters to clear their loans and reduce the growing backlog … Continue reading HELB offers 80% penalty waiver for loan defaulters to ease backlog of unpaid debts