In a decisive move to uphold educational financing in Kenya, the Higher Education Loans Board (HELB) announced its full compliance with a court order issued by Hon. Justice E.C. Mwita on October 3, 2024.
The order addresses the contentious Student-Centered Funding Model, which has been at the heart of a legal dispute regarding the allocation of financial resources for students.
HELB has emphasized its commitment to working closely with the Ministry of Education to explore all urgent legal options to achieve an amicable resolution.
"We look forward to overcoming the current impasse soon to ensure that all students continue with their studies uninterrupted," the agency stated in a recent communication.
The New Funding Model aims to provide a more equitable and efficient system for financing higher education, particularly for needy students.
However, its implementation has faced significant challenges, prompting legal scrutiny and debate.
"Furthermore, we reiterate our commitment to make higher education financing accessible to all needy Kenyan students," HELB added.