How The New University Funding Model Will Work
With one restriction, money is available to all university students who met the requirements for placement through the Kenya Universities and Colleges Central Placement Service (KUCCPS).
Following receipt of admission letters, each student will submit a separate application for a scholarship and loans. The amount of financing for each student will depend on the monthly household income.
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The government will now try to direct higher education aid to specific students based on carefully curated criteria under the new funding model, which goes into force with the admission of the 2022 KCSE candidates to universities.
The vulnerable, the desperately poor, the needy, and the less needy are the four groups into which those requesting financial assistance from the government have been divided.
According to the higher education loans board, students who fall into the vulnerable and extremely needy band are eligible for 100% government funding for their studies in the form of scholarships and loans, while students who are considered needy but less needy receive 93% government funding with 7% of the cost of tuition on their shoulders.
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“The president stated in his speech that 40,000 university students will not participate in any games,” Also not paying a dime will be 42,000 TVET students. We hope to be able to follow some of these folks and observe the effects firsthand, according to Mercy Wahome, CEO of KUCCPS.
The new funding model also aims to ensure accountability and transparency in the application and funding of higher education by taking into account, among other things, the applicant’s family’s socioeconomic background, affirmative action, which will take into account people who are disabled, orphans, and those from marginalized areas, as well as gender considerations, the applicant’s household composition, and the applicant’s household size. This data will need to be validated by strategic partners.
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The funding will also take the particular cost of each student’s education into account.
“The real query is: how much will the kids be paying? We want to be able to dissect the term “7%,” Ms. Wahome continued.
With the opening of the KUCCPS portal this month, the new model is expected to begin with this year’s first-year university admissions. It aims to make sure that the 173,000 students who are qualified to enroll in universities are put in the nation’s institutions.
Before the funds are disbursed in September and the start of the first year of study, students who have been placed must apply for government support between July and August.
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In this new paradigm, which the government thinks will also encourage equality, efficiency, and openness in higher education funding, the government is attempting to sever the link between student placement and student funding.
How The New University Funding Model Will Work
