Javascript closures - variable scope question

I'm reading the Mozilla developer's site on closures, and I noticed in their example for common mistakes, they had this code:

<p id="help">Helpful notes will appear here</p>  
<p>E-mail: <input type="text" id="email" name="email"></p>  
<p>Name: <input type="text" id="name" name="name"></p>  
<p>Age: <input type="text" id="age" name="age"></p>  

and

function showHelp(help) {
  document.getElementById('help').innerHTML = help;
}

function setupHelp() {
  var helpText = [
      {'id': 'email', 'help': 'Your e-mail address'},
      {'id': 'name', 'help': 'Your full name'},
      {'id': 'age', 'help': 'Your age (you must be over 16)'}
    ];

  for (var i = 0; i < helpText.length; i++) {
    var item = helpText[i];
    document.getElementById(item.id).onfocus = function() {
      showHelp(item.help);
    }
  }
}

and they said that for the onFocus event, the code would only show help for the last item because all of the anonymous functions assigned to the onFocus event have a closure around the 'item' variable, which makes sense because in JavaScript variables do not have block scope. The solution was to use 'let item = ...' instead, for then it has block scope.

However, what I wonder is why couldn't you declare 'var item' right above the for loop? Then it has the scope of setupHelp(), and each iteration you are assigning it a different value, which would then be captured as its current value in the closure... right?