Gov't to increase funding for universities, TVETs by Ksh.30.6B in new financing plan
William Ruto has announced plans by the State to increase the funding of
universities as well as Technical and Vocational Education Training
Institutions (TVETs) by Ksh.30.6 billion to Ksh.84.6 billion in the 2023/24
financial year, as part of a new higher education funding model.
translates to a 50 per cent increase in total funding and a 37 per cent growth
in funding per university student to Ksh.208,000, up from Ksh.152,000.
budgetary allocations for TVETs will also increase from Ksh.5.2 billion to
the press at State House in Nairobi on Thursday, President Ruto noted that
establishment of the new funding model's blue print was inspired by the fact
that institutions of higher learning face funding challenges primarily due to
the massive enrolment of students.
to President Ruto, under the new funding model, which will commence with a new
cohort of 173,126 students joining universities and 145,325 students joining
TVETs, the institutions will not receive block funding in form of
grants based on differentiated unit costs.
government has resolved that university funding will hence be student centred
and be apportioned to individual students according to their level of need.
Funding to students shall combine scholarships, loans and household
contributions on graduated scale, scientifically determined by means testing
instrument," he said.
Cabinet Secretary Ezekiel Machogu will take immediate action to operationalise
the funding model in which students will be categorised according to 3 levels
of need; vulnerable, less vulnerable and able; they will then receive funding
through government scholarships and loans.
government shall fully fund the vulnerable students who comprise 29% of
students joining universities and these are 45,000 students who will be funded
fully by the government. In our TVET institutions, 42,000 students will equally
be funded fully by the State," he said.
from less needy households joining university will receive government
scholarships of up to 53 per cent and loan of up to 40 per cent, according to
President Ruto, while able students will be funded up to a maximum of 38 per cent
of the cost of the program and 55 per cent in form of loans.
joining TVETs will be funded to the tune of 32 per cent for government
scholarships and 48 per cent for government loans, the Head of State said.
the funding model is implemented, universities will be required to declare and
publicise the actual cost of their programs.
public university shall levy additional charges or raise fees without the
approval of the university funding board," said the President.
Universities board shall share information with students on availability of
sources of funding through its portal and streamline the application
Ruto added that starting from the 2023/24 academic year, university placement
will not be determined by funding.
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