President William Ruto now says that the new university funding model is working as expected.
Speaking after meeting Vice Chancellors from all public universities and constituent colleges, Ruto said the VCs had confirmed the same.
He went on to say that in the next three years, the financial strain public universities have grappled with over the years will be a thing of the past.
"The vice-chancellors confirmed that the financing model is working and in three years time will sort out the financial challenges facing our universities," Ruto said.
The Head of State reiterated his administration's commitment to increase budgetary support to the institutions.
He said this will also be done for the continuing students.
"The Government is committed to enhancing budgetary support for the differentiated unit cost for continuing students."
On Tuesday morning, President Ruto met the vice-chancellors of public universities and principals of constituent colleges at State House, Nairobi, to evaluate the funding model introduced last year.
President William Ruto unveiled the new university and TVETs funding model on May 3, 2023.
He said it was aimed at primarily benefiting students from extremely poor backgrounds.
He said universities and TVETS will no longer receive block funding in the form of capitation based on a Differentiated Unit Cost.
Under the model, learners from vulnerable and extremely needy families have equal opportunities at accessing university education, he said.
Needy students will receive government scholarships of up to 53 per cent and loans of up to 40 per cent.
"Parents will only pay 7 per cent of the total cost of their university education," Ruto said.
Those joining TVETs will receive government scholarships of up to 50 per cent and 30 per cent in loans. Their households will pay 20 per cent of the costs.
