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HomeEDUCATIONRuto tells off wealthy Parents on new HELB allocation formulae

Ruto tells off wealthy Parents on new HELB allocation formulae

President William Ruto has taken aim at a group of well-off and salaried Kenyans who have expressed disapproval of his updated Higher Education Loans Board (HELB) funding distribution mechanism for university students.

While attending a Sunday church service in Riruta, the Head of State disclosed that he had been made aware of rumors circulating among certain wealthy individuals who were unhappy with his new HELB formulations.

The Head of State altered the criterion under which students would receive funding and increased university prices in the new formulas. While some students would receive full scholarships, others would have to pay for their education out of pocket or obtain loans.

Nonetheless, Ruto insisted that the new formulas were designed with impoverished children in mind. Both university and Technical and Vocational Education and Training (TVET) students would be covered by the additional money.

Following proposals by the Prof. Raphael Munavu-led Education task force, the Head of State announced in May that universities will no longer receive capitation payments per student.

There will be no more capitation financing for universities and TVETS based on a Differentiated Unit Cost. Scholarships, loans, and household payments will all be used to fund students on a graduated basis.

Later, Education CS Ezekiel Machogu stated that a number of criteria will be taken into account when deciding which students will be eligible for loans and which will receive full scholarships.

Parental history, gender, course type, prior school type, educational expenses, family size and makeup, marginalization, and disability will all be considered in the means testing.

Furthermore, the PS mentioned that four criteria will determine funding for university courses: government priority areas, household income bands, performance and program choice, and affirmative action.

In addition, able students will receive less loans and fewer scholarships, while disadvantaged students will receive more of the former.

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