Universities Fund to withdraw support for private university students
The Universities Fund has responded to claims that the government has withdrawn financial support for students enrolled in private universities.
The Universities Fund has responded to claims that the government has withdrawn financial support for students enrolled in private universities.
In a statement on Thursday, April 17, the fund noted that students who were already benefiting from earlier arrangements will not be abruptly cut off, even as new funding guidelines take effect.
“Private university students who were funded under the Differentiated Unit Cost (DUC) as Government Sponsored Students will continue to receive government scholarships until completion of their studies,” the statement read.
Explaining the structure of the revised system, the fund noted that government support is now split between scholarships and loans, depending on the type of institution a student attends.
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Under this framework, those placed in public universities benefit from a dual support system involving both grants and credit facilities.
However, students admitted to private universities are eligible for financial assistance exclusively through loans issued by the Higher Education Loans Board, without access to direct government scholarships.
“Under the Student-Centred Funding Model, the government is funding university students through scholarships and loans.
“Students placed in public universities receive scholarships from the Universities Fund and loans from the Higher Education Loans Board (HELB),” the statement added.
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