Court to Prosecute Universities Hiking Fees
Court to Prosecute Universities Hiking Fees. Kenyan institutions could potentially face legal action if they increase tuition.
According to University Fund Chief Executive Officer Geoffery Monari, universities have signed an MOU with the University Funds based on the rates they collect to limit price rises in the institutions.
He claimed that any university that broke the MOU would be punished and the deal would be cancelled.
The tuition they charge is the basis for the MOUs between colleges and us. According to Geoffrey Monari, if they raise the pricing, the MOU would be revoked and they will be charged.
Every student who requests financial assistance and is enrolled in a school through Kenya Universities and Colleges Central Placement Service (KUCCPS) will receive loans and scholarships, according to Monari.
“No student will lack funding under the new funding model.”
This is in light of claims that the government’s new funding program for kids selected for university placement through KUCCPS would require parents to make even greater financial sacrifices.
President Ruto stated on May 4 that the new financial plan would assist students in need.
According to the President, students from low-income households who enroll in schools will be eligible for government loans of up to 40% and scholarships of up to 53%.
According to the president, their families will only cover 7% of the cost of their university education.
According to what he said, “those enrolling in TVETs will receive Government scholarships up to a maximum of 50% and 30% in loans.”