The government on Wednesday announced a new funding model for university students and their counterparts in TVET institutions to ensure they all have equal opportunities to pursue higher education.
President William Ruto said the government will effective this academic year adopt the funding model where capitation will be apportioned to students based on their level of need.
"Universities and TVETS will no longer receive block funding in the form of capitation based on a Differentiated Unit Cost," Ruto said.
He said the funding will be disbursed based on four levels of need; vulnerable, extremely needy, needy and less needy through government scholarships, loans and bursaries.
"Students from needy households joining universities will receive government scholarships of up to 53 per cent and loans of up to 40 per cent," Ruto said.
Parents will only pay 7 per cent of the total cost of their university education.