KUCCPS Gives Recent Directives Regarding University Fees
KUCCPS Gives Recent Directives Regarding University Fees. According to Dr. Mercy Wahome, the CEO of the Kenya Universities and Colleges Central Placement Service (KUCCPS), universities won’t be able to alter course fees until after a student has finished four academic years.
On Saturday, May 20, during a media awareness session on the student placement process and the new higher education finance model, the CEO stated that the action will ensure the effectiveness of the new funding model.
According to Wahome, the universities would only be allowed to change the cost of tuition for the incoming batch after consultations.
The CEO also made note of the fact that even if the cost of studying reduces over the next four years, students would still pay the same amount.
Although institutions are permitted to alter their prices for each intake, this means that each cohort’s cost of the courses may vary.
The students are being funded by us. She said we insisted on helping the student rather than the university because, if we did, they may further lower their standards.
Geoffrey Monari, CEO of the University Fund, claims that the new approach also addresses the growing debt load and slipping academic standards.
“Since the quality of our education has been affected, we need to think. He claimed that the amount of debt owed by the university was rising quickly.
On May 3, President William Ruto unveiled a brand-new funding plan to alleviate the financial issues facing public colleges.
The revised model predicts that in the fiscal year 2023–2024, the government will boost financing for universities from Ksh54 billion to Ksh84.6 billion.
Ruto continued by saying that, depending on their susceptibility, funds would be distributed to students in three categories: the Vulnerable, the Less Vulnerable, and the Able.
He said that starting with the following academic year, when the new funding model will take effect, all remaining government-sponsored students would still get assistance through the current finance method.
Block funding in the form of capitation based on differentiating unit costs will no longer be given to universities and TVETS. According to Ruto, funding for students will be provided through a combination of scholarships, loans, and household payments.