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Home FEATURED STORY End of the Road For HELB As Ruto Announces New Structure For Higher Educatįon Funding

End of the Road For HELB As Ruto Announces New Structure For Higher Educatįon Funding

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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.

Read: Payback Time: Citizen, NTV, KTN Feel Ruto Heat

>>> False: President William Ruto Is Not Changing Constitution To Extend Term Limit

Written by
BT Reporter -

editor [at] businesstoday.co.ke

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