Sharp Daily
No Result
View All Result
Tuesday, October 28, 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

Eastern Africa’s unified spectrum strategy to boost broadband

October 27, 2025
News

Start Q4 strong with the Cytonn Money Market Fund

October 9, 2025
News

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025
News

Argentina’s crisis and Kenya’s lessons on political economy and market confidence

September 25, 2025
News

Kenya’s financial system remains stable but faces rising risks

September 25, 2025
News

Where do Kenyan stock returns come from? A napkin framework

September 19, 2025

LATEST STORIES

How the Cytonn Money Market Fund can help farmers grow their income safely

October 27, 2025

Why the cytonn money market fund remains a reliable choice for low-risk investors

October 27, 2025

Why liquidity and safety define smart investing

October 27, 2025

Eastern Africa’s unified spectrum strategy to boost broadband

October 27, 2025

CBK’s KES 76.5 bn bond buyback eases Kenya’s domestic debt pressures

October 27, 2025

Rironi–Mau summit expressway: Kenya’s game changer for transport and regional growth

October 27, 2025

Kenya tightens crypto regulations after INTERPOL flags terror-financing scheme

October 24, 2025

Sidian Bank reshapes leadership in strategic transition

October 24, 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