FEATURED ARTICLE

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
NSE receives a boost after Fed Reserve pauses rate hike
ANALYSIS

US Fed Rate Pause, A Boost for NSE and Frontier Markets

The US Federal Reserve has kept interest rates unchanged, a development that...

carbon emissions - climate change
BUSINESSFEATURED ARTICLENEWS

Carbon Markets Africa Summit 2026 Ends in Rwanda

The Carbon Markets Africa Summit (CMAS) 2026 concluded in Kigali, Rwanda, with...

KCB Group CEO Paul Russo
ANALYSISBUSINESS

KCB Tanzania Q3 Net Profit Rises 17% to TSh 55.8bn

KCB Tanzania’s cumulative Q3 2026 results reflect an expanding banking franchise, with...

Ecobank appoints Risper Alaro as Non Executive Director
BUSINESSLEADERSHIPPOWER WOMAN

Ecobank Kenya Appoints Risper Alaro as Non-Executive Director

Ecobank Kenya has appointed Ms. Risper Alaro as a Non-Executive Director following...