FEATURED STORY

Bright Side of Ruto’s New Higher Education Funding Model

Share
new higher education funding model
Education Cabinet Secretary Ezekiel Machogu says the government has disbursed Ksh5.2billion in loans to first year students.
Share

The new higher education funding model the government has introduced seeks to give students more access to quality education and free universities from financial challenges, the Cabinet Secretary for Education, Mr Ezekiel Machogu says, noting that the old funding model had led universities to incur a pending bill of up to Ksh70.7 billion.

He said the government had disbursed Ksh5.2billion in loans to first year students, saying this demonstrated the Government’s commitment to ensuring that the new funding model is implemented without hitches.

>> MOTHER WHO TURNED TEENAGE DAUGHTER INTO PROSTITUTE

“The Ministry will do all it can to ensure that the scholarship kitty of the new funding model is disbursed in time to allow universities to run their programmes smoothly,” Mr Machogu said during the 6th graduation ceremony of Taita Taveta University on Friday.

The Cabinet Secretary, who had just been awarded a Honorary Degree in Humane Letters by the university, pledged to champion policies that ensure the education system is robust, inclusive and forward-looking. “Our focus will be on nurturing critical thinking, innovation and skills development to prepare our youth for the challenges and opportunities of the 21st century,”  he added.

The Cabinet Secretary asked the leadership of higher education institutions to  explore ways of adjusting their programmes costs, curricula, and models of delivering training in the context of rising cost of offering quality education and the diversified training needs of the job market.

Mr Machogu said it was important to review the costs, the curricula and models of instruction to equip graduates with on-demand skills in this highly competitive market place.

The Vice Chancellor of the University, Prof Fred Barasa, said the university was providing high quality education and training to its students, saying it had some of the best faculty members for this.

Present included the Chancellor of the University, Dr. Sally Kosgey, the Chairman of the Council, Prof. Isaac Mbeche, vice chancellors from public universities among other dignitaries.

>> INSIDE ROAM, KENYA’S FIRST LOCALLY ASSEMBLED ELECTRIC CAR

Written by
BT Reporter -

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
Former WPP-Scangroup CEO Bharat Thakrar
FEATURED STORY

WPP ScanGroup Joins List of Firms that Have Issued Profit Alert

WPP ScanGroup, listed at the Nairobi Securities Exchange(NSE), has joined a list...

Sidian Bank branch launch
FEATURED STORY

Sidian Bank Upgraded to Medium-Size Status by CBK: Facts and Figures

Sidian Bank, a 50-branch lender closely associated with the late tycoon Chris...

Diageo exit was apparent even as EABL is building its war chest with a KSh 20 bn Cash Call
FEATURED STORY

 Diageo UK Plc Finally Exits East Africa’s Beer Market

Diageo Plc UK, a global brewing giant has sold its entire stake...

Sacco loans are popular with land , home buyers
FEATURED STORY

SACCO Loans for Land and House Purchases fall to KSh32.7Bn In September

SACCOs (Savings and Credit Cooperative Societies disbursed loans to members seeking to...