Sharp Daily
No Result
View All Result
Thursday, April 23, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Koskei: Misreported parental income leading to scholarship denials

Teresiah Ngio by Teresiah Ngio
August 23, 2024
in News
Reading Time: 1 min read
Felix Kosgei nominee being vetted by National Assembly’s justice and legal committee members on February 21, 2018 to sit in the Judicial Service commission.Photo | Jeff Angote | Nation

Felix Kosgei nominee being vetted by National Assembly’s justice and legal committee members on February 21, 2018 to sit in the Judicial Service commission.Photo | Jeff Angote | Nation

Head of Public Service Felix Koskei has highlighted an issue with the new Higher Education Funding model, which has led to many students missing out on scholarships and loans due to incorrect information.

Koskei noted that students who falsely claim their parents hold high-status positions, such as managing director, may be misclassified into Band 5, which is designated for families with a monthly income exceeding KES 120,000.

“If the information giver wrote that the father or mother is a managing director perhaps trying to elevate himself or herself, then automatically you will go to band 5 because you’re earning a KES 1 million,” Koskei explained.

This misclassification, he warned, could result in students being denied financial aid intended for those in lower income bands.

RELATEDPOSTS

Economic recession and recovery concept and return on investment roi idea

The downside of various investment avenues in Kenya

January 24, 2025

President Ruto forms committee to review new university education funding model

September 16, 2024

The new funding model, which replaces the previous Differentiated Unit Cost system, allocates support based on a family’s monthly income, categorized into five bands.

This shift aims to address financial need directly, but some students have expressed concerns that it might widen the gap between rich and poor.

Education CS Julius Ogamba defended the new model, asserting that it ensures students receive financial support tailored to their needs.

“The government has allocated funds to universities, and students are encouraged to take advantage of this opportunity. We have instructed universities to admit students regardless of their financial capacity,” Ogamba said.

Higher Education Principal Secretary Beatrice Inyangala reassured students that they should report to their universities by August 26, 2024, without worrying about fees.

“The VCs will help you, and once the amount is determined, you will pay according to the policy,” Inyangala stated. She also advised students to visit the portal www.hef.co.ke for any issues, promising that concerns would be addressed within three weeks.

Previous Post

Parliament presses mining ministry on KES 2 million tea expenditure

Next Post

Nairobi’s water supply expanded as key tunnel project nears completion

Teresiah Ngio

Teresiah Ngio

Related Posts

Analysis

Co-op Bank to Restructure into Holding Company

April 23, 2026
Economy

Kenya freezes Binance accounts as Crypto crackdown signals tougher regulatory shift

April 23, 2026
Analysis

Insurance claims surge past Sh100 billion as medical and motor costs drive industry pressure

April 23, 2026
News

The role of inflation targeting in monetary policy frameworks

April 23, 2026
News

Economic inequality and wealth distribution in Kenya

April 22, 2026
News

Sustainable investing and ESG trends

April 22, 2026

LATEST STORIES

Co-op Bank to Restructure into Holding Company

April 23, 2026

Kenya freezes Binance accounts as Crypto crackdown signals tougher regulatory shift

April 23, 2026

Insurance claims surge past Sh100 billion as medical and motor costs drive industry pressure

April 23, 2026

The role of inflation targeting in monetary policy frameworks

April 23, 2026

Economic inequality and wealth distribution in Kenya

April 22, 2026

Kenya’s new loan rules require borrowers to prove repayment ability before approval

April 22, 2026

Sustainable investing and ESG trends

April 22, 2026

Planning for early retirement

April 22, 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
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024