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May 7, 2026
3h ago

Ruto Hints at Immediate Overhaul Affecting University Funding

Ruto Hints at Immediate Overhaul Affecting University Funding

The changes come as the Treasury has proposed a Ksh 87.6 billion allocation for scholarships and student loans in the 2026/27 financial year...

✨ Key Highlights

President William Ruto is planning a comprehensive overhaul of the Higher Education Loans Board (HELB) to create a more predictable and student-focused funding system. The initiative aims to address long-standing challenges in the current framework.

  • The Treasury has proposed Ksh87.6 billion for scholarships and student loans in the 2026/27 financial year.
  • President William Ruto has directed HELB CEO Geofrey Monari and Ministry of Education officials to spearhead the restructuring.
  • The overhaul will include digitizing the entire student funding system to improve transparency and efficiency, moving away from a model that previously prioritized institutions over direct student needs.

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