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Education ministry sheds light on new funding model for universities

University funding

 Funding to students shall combine scholarships, loans and household contributions on a graduated scale, scientifically determined by a Means Testing Instrument.

Photo credit: Pool

What you need to know:

  • The government shall fully fund vulnerable groups through scholarships and loans.
  •  Universities will therefore be required to declare and publicise the actual costs of their programmes. 

The Ministry of Education has elaborated on the new funding model for Universities and Technical and Vocational Education and Training (Tvet) centres aimed at rescuing the struggling institutions of higher learning from heavy debts.

 Funding to students shall combine scholarships, loans and household contributions on a graduated scale, scientifically determined by a Means Testing Instrument.