May 22, 2024

Government releases KSh 30.5 billion for HELB and school capitation

2 min read
Government releases KSh 30.5 billion for HELB and school capitation

The government releases Sh 30.5 billion to cover secondary school education capitation, HELB loans, and scholarships for students in universities

The government releases Sh 30.5 billion to cover secondary school education capitation, HELB loans, and scholarships for students in universities.

In a statement sent to the newsrooms on Wednesday, March 27, Education Cabinet Secretary Ezekiel Machogu said Sh 7 billion will cater for Junior Secondary School (JSS) capitation while Sh 16 billion will cover capitation grants under the Free Day Secondary School education programme.

CS Machogu noted that schools will receive the funds before they close for the April Holidays next week.

“At the higher education level, the Government has released Sh6.794 Billion for loans towards the Higher Education Loans Board (HELB) while Ksh3.98 Billion will be disbursed for scholarships through the Universities Fund (UF). This brings to Ksh32 Billion and Sh12 Billion the total amount released by the Government for loans and scholarships respectively this financial year,” read the statement in part.

The Education CS pointed out that scholarship funds will be disbursed directly to individual universities for successful candidates to cover their tuition fees.

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On its part, HELB will disburse tuition loans directly to respective universities and upkeep loans to the respective student bank accounts or mobile phone numbers.

According to CS Machogu the categorization of students was realized through a reliable scientific method, Means Testing Instrument (MTI), used to determine the student’s level of financial need, to ensure they are supported adequately.

In January, the government released Sh 14.4 Billion to cover scholarships and loans for Government-sponsored first-year students in universities under the New Higher Education Funding Model.

The loans also covered loans for semester two of the 2023/2024 Academic Year for continuing students.

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