Sharp Daily
No Result
View All Result
Sunday, August 31, 2025
  • 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

Students advised to reapply for correct funding as universities fund reveals data discrepancies

Huldah Matara by Huldah Matara
September 14, 2024
in News
Reading Time: 2 mins read

The CEO of the Universities Fund, Geoffrey Monari, has called on university students to reapply for funding on the Higher Education Financing portal after discovering discrepancies in the initial categorization. Monari attributed these errors to the submission of inaccurate information, laxity in data collection, and inadequate network infrastructure, which affected the proper banding of students for financial aid.

Monari emphasized the critical role that accurate socio-economic data plays in determining the funding bands for students. The re-categorization process will also consider affirmative action, socio-demographic factors, and family education expenses to ensure a fair and equitable distribution of funds. He highlighted that students pursuing agriculture-related courses might be placed in higher funding bands, given the government’s focus on food security. Additionally, students from families with disabled or chronically ill parents or those with extended family dependents are classified as needy, increasing their chances of receiving higher financial support.

Since the Higher Education Portal opened, the fund has processed 134,029 loan and scholarship applications, approving 127,591 of them. These students were assigned to different funding bands based on their financial need, with a priority given to those most vulnerable. However, Monari acknowledged that the initial placements left some students dissatisfied, with around 12,000 filing appeals to have their funding bands reassessed.

“We have received numerous appeals from Kenyans concerned about the bands they were placed in,” Monari noted. The fund has already reviewed nearly 1,000 of these appeals, adjusting the funding bands for those students deemed to be in genuine need.

RELATEDPOSTS

HELB, universities fund publish revised loan appeals mechanism following court order

April 8, 2025

Ruto: Here’s why we overhauled university funding in Kenya

August 26, 2024

To improve the accuracy and transparency of the university financing system, the government has adopted a multi-agency approach. This involves collaboration with the National Educational Management Information System (NEMIS), the Kenya Revenue Authority, and the Ministry of Interior. Monari revealed that 70% of applicants initially claimed zero income, but validation with other institutions revealed that many were actually earning more.

He urged students who feel they were incorrectly categorized to reapply through the Higher Education Financing portal, ensuring that all information provided is accurate to receive a fair assessment.

Previous Post

High court warns schools against misusing buses for private events

Next Post

Trans Nzoia task force to deliver university plan to Governor Natembeya

Huldah Matara

Huldah Matara

Versatile multimedia journalist with a keen interest in compelling stories that resonate with my audience. Reach out on huldahmatara12@gmail.com

Related Posts

News

Kick financial goals: Invest with CMMF this football season

August 22, 2025
commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025
Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025

LATEST STORIES

The Importance of Including Pension Plans in Corporate Benefits Packages

August 29, 2025

The informal labor market and classical unemployment in the Kenyan context

August 28, 2025

Kenya’s Eurobond yields ease after S&P rating upgrade

August 28, 2025

Kenya’s strategic debt pivot: Smoothing, Strengthening, Sustaining

August 27, 2025

Bank on your paycheck: Invest smart with CMMF

August 26, 2025

Finding Balance: My Journey with Internet Self-Care

August 22, 2025

Why Young Kenyans Cannot Afford to Ignore Private Pensions

August 22, 2025

Strategies for Nairobi to emerge as Africa’s financial hub

August 22, 2025
  • 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