President W***iam Ruto has announced plans to abolish the Higher Educatįon Loans Board (HELB) and in its place e****lish a new body for higher educatįon funding.
In his announcement, Ruto promised to e****lish the National S**** and Funding Council that amalgamates Helb, TVET, and University Funding Board.
“To bridge the current higher educatįon funding gap of up to 45 per cent, the government w*** e****lish the National S**** and Funding Council that amalgamates Helb, TVET, and University Funding Board,” Ruto said.
According to Ruto, the move w*** double the current Higher Educatįon Loans Board funding from Kshh11 b***ion to Ksh22 b***ion and eliminates interest on HELB loans.
HELB is mandated with the management of a fund to be used for granting loans to ***ist Kenyan students to obtain higher educatįon at recognized ins***utions within and outside Kenya.
The government also intends to hire 30,000 additional teachers for basic educatįon, as well as 3,000 tutors for TVET ins***utions
“We intend to use our education system to develop world-cl*** human capital. This is why, in January, we set out to hire more teachers to ensure that our p***ary to junior secondary transition is flawless,” President Ruto said.
“We commit to ens****g government-initiated in-service training, including Teacher Continuous Professional Development.”
In addition, the government w*** spend at least Ksh15 b***ion to equip 70 TVET ins***utions to ***ist in training learners.
“We w*** also hire tutors to look after our TVET ins***utions, because TVET has the best human capital that is tailored to***ds Science, Technical, Engineering, and Mathematics (Stem) subjects and areas that w*** lead us to engineering, because that is the future we seek,” he added.
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