University fund releases checklist government loans and scholarships
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University fund releases a checklist of requirements for students seeking government loans and scholarships
University fund releases a checklist of requirements for students seeking government loans and scholarships.
For students who took the Kenya Certificate for Secondary Education (KCSE) exam in 2022, The University Fund has published a checklist of prerequisites for those applying for government loans and scholarships under the new model.
The fund’s administration defined the new model as a student-centered strategy that seeks to offer more fair access to higher education while introducing the new standards.
University Fund offers a range of financial assistance to students, including loans, scholarships, and bursaries.
While loans are available to those who meet certain financial requirements, scholarships are given to those who demonstrate great academic performance yet need financial support.
The amount of funding that a student receives from the facility depends on a number of factors, including the student’s academic performance, financial need, and the type of program they are enrolled in.
Scholarships checklist
1. A valid email address, which will be used to sign up an account for the purposes of uploading and submitting documents.
2. Valid telephone number, which must be registered in the student’s name in order for them to be able to apply for a loan.
3. KCPE and KCSE index numbers and year of examination.
4. Passport-size photo, which will be uploaded to the account.
5. Copy of your National ID (for loan application).
6. College/University admission letter.
7. Your parents’ registered telephone number.
8. Your parents’ national ID number.
9. Death certificate if any of your parents are deceased.
10. Two guarantors’ ID numbers and registered telephone numbers (for loan application).
11. Copy of the sponsorship letter if you were sponsored in Secondary school.
12. Your birth certificate
The new university funding model is based on four criteria, including choice of the program, household income band, affirmative performance, and government priority areas.
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Under the new model, students will be classified into four categories based on their level of need namely: the vulnerable, extremely needy, needy and less needy.
Under the vulnerable category, the government will offer full scholarships to students who are in extreme poverty and have no means of supporting themselves while in school.
Extremely needy students are those from low-income households and have limited financial resources to pay their tuition fees at various colleges and universities across the country.
Students from middle-income households are defined as those whose parents, guardians or sponsors have some financial resources, but not enough to cover the full cost of their education, hence they are considered needy.
Similarly, students from high-income households who have the financial resources to support themselves while in school are categorized as less needy.
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