Relief for first-year students as Gov’t releases Ksh.3.9B for scholarships in public universities
The government has disbursed the first batch of Ksh.3.9 billion
for scholarships to first-year students in public universities under the New
Higher Education Funding Model.
Education Cabinet Secretary Ezekiel Machogu made the announcement
on Saturday, saying that the funds will benefit the government-sponsored
students who successfully made their applications through the recently launched
Higher Education Financing portal.
“Beneficiaries of the scholarships are those who
successfully made their applications through the Higher Education Financing
portal (www.hef.co.ke) that was launched on the 31st of August 2023,” CS
Machogu said in a statement.
The CS said that the funds would be deposited to all the
universities by Monday next week to benefit a total of 115,892 First Year
students who were successfully enlisted for scholarships by close of
applications as of November 29, 2023.
“The Universities Fund will disburse the Sh3.9 Billion
directly to individual universities for the successful applicants to cover
their tuition fees based on the student’s individual need under the New Funding
Model,” stated Machogu.
“All Universities will receive the scholarship portions for
their respective students by 4th December 2023.”
The allocation, according to the CS, brings to Ksh.9.2 billion
the amount of money the Government has so far released to first year students
under the New Model launched in May by President William Ruto.
Last month, Higher Education Loans Board (HELB) also released Ksh.5.3 billion for loans to the
first coort of First Year students who did their KCSE in 2022.
Students were allocated their individual shares through the
recently established Means Testing Instrument (MTI), which determines the
student’s level of financial need.
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