Sharp Daily
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us
No Result
View All Result
Sharp Daily
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Government’s New Funding Plan for University a Greater Burden On Financially Able

Dennis Otsieno by Dennis Otsieno
May 5, 2023
in News
Reading Time: 2 mins read
President William Ruto

[Photo/Courtesy]

On May 3, president William Ruto announced a new funding model for higher education. The model was developed by the Presidential Working Party on Education Reform that was appointed by President William Ruto in December 2022 to review Kenya’s education system.

In his address, Ruto said the government was not increasing tuition fees but incorporating funding for universities and TVETs through government scholarships, student loans and household contributions.

The plan categorises students as vulnerable, extremely needy, needy and less needy. The current automatic 80 percent of the unit cost that every government-sponsored student gets through the Higher Education Loans Board (Helb) has been removed.

The extremely needy students, said to comprise 29 percent of the 2023 cohort, are the only ones to be fully funded through government scholarships, loans and bursaries.

RELATEDPOSTS

Budget cuts weaken Kenya’s fight against money laundering

January 19, 2026
Supporters of Uganda’s incumbent president and National Resistance Movement (NRM) presidential candidate Yoweri Museveni celebrate during a party gathering for the announcement of final results for the 2026 Ugandan presidential election at Lugogo Grounds in Kampala on January 17, 2026. Uganda's President Yoweri Museveni, 81, won a seventh term in office on on January 17, 2026 with 71.65 percent of the vote, the country's Electoral Commission said. (Photo by Luis TATO / AFP)

Museveni wins seventh Term: what It means for Uganda’s future

January 19, 2026

Read: Students decry high tuition fees after missing out on HELB

According to Helb CEO Charles Ringera, a Means Testing Instrument will be used to determine the students’ economic status. The information they give will be verified by chiefs and religious leaders while Helb will get information on household earnings from the Kenya Revenue Authority and the Registrar of Persons before categorising students.

As often happens, this is likely to create an avenue for corruption. Under HELB, all students qualify for loans but those who can raise the fees may opt not to take them. HELB has had its challenges, especially on loan recovery, but it is more practical.

Education is a major social equaliser. It is, therefore, unfair to discriminate against some students on the basis of their families’ purported wealth, which is not necessarily theirs. Gaining university admission is the best qualification for a study loan.

It is also emerging that students will pay more for courses. Government capitation and HELB loans cater for tuition and students’ upkeep, which includes accommodation and learning materials. The new scheme excludes upkeep.

Wealthy parents should be encouraged to pay their children’s university fees but should not be forced. A well-trained manpower is a resource that any country desires and must develop.

It is the duty and obligation of the government to educate its citizens, and it should never discriminate against any of them on the basis of wealth or any other factors.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

What You Need to Know Inside Finance Bill 2023

Next Post

Economic Survey Report Is Rich but Will the Authority Interpret It?

Dennis Otsieno

Dennis Otsieno

Related Posts

News

Real Estate vs. REITs: Which Path Fits Your Budget?

October 14, 2026
Business

Digital power imbalance limits online revenue for kenyan content creators

October 14, 2026
Business

Central Bank Rate Held at 8.75%: Market Commentary

October 14, 2026
News

Microsoft reportedly to close Nairobi engineering centre in global restructuring

October 13, 2026
News

Expanding opportunities for Kenyan investors

October 12, 2026
News

Why Matatu Fares Rise With the Rain and Never Come Back Down

October 9, 2026

LATEST STORIES

Real Estate vs. REITs: Which Path Fits Your Budget?

October 14, 2026

Formula 1 confirms Rwanda will host the African Grand Prix from the early 2030s

October 14, 2026

Digital power imbalance limits online revenue for kenyan content creators

October 14, 2026

Central Bank Rate Held at 8.75%: Market Commentary

October 14, 2026

Microsoft reportedly to close Nairobi engineering centre in global restructuring

October 13, 2026

Kenya plans a central database to track recycled phone numbers

October 12, 2026

The Hidden Retirement Crisis Facing Kenyans

October 12, 2026

Expanding opportunities for Kenyan investors

October 12, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • News
  • Business
  • Technology
  • Real Estate
  • Opinion
  • About Us

Sharp Daily © 2024