Out of the 2022 KCSE graduates, over 45,000 university students and 42,000 TVET students categorised as vulnerable and extremely needy will be fully funded with Government scholarships and loans.
Machogu said such students will not be expected to pay anything for the programme cost and will also receive upkeep from the loan.
"For the first time, students whose households are at the bottom of the pyramid shall enjoy equal opportunities in accessing university and TVET education through 100 per cent government funding," Machogu said.
The CS directed that students who require funding must make formal applications through Higher Education Financing portal.
The portal is accessible at www.hef.co.ke.
"It is now my pleasure to announce that the scholarships, loans and bursaries application platform is now ready for use," Machogu said.
He said the categorisation will be realised through a reliable scientific method- Means Testing Instruments.
The Instrument will be used to determine the student's level of financial needs to ensure they are supported adequately.
He added that continuing students will not be affected by the funding model and will continue to receive their funding based on the Government's existing model.
He directed Vice-Chancellors and Principals to ensure letters of admission are released by August 2, 2023.
He said it will allow students to apply for loans and bursaries from August 3, 2023, to midnight of August 27, 2023.
"I urge students to ensure they stick to the set timelines to ensure speedy processing of scholarships and loans since most Universities are preparing to admit First Year students in September," Machogu said.
