Economy Education Finance

National Budget: University fees expected to go up

Treasury cabinet secretary Ukur Yattani Image/courtesy

The national treasury plans to engage key players in the education sector in a plan that if successful will see university fees raised by the government. This is according to National Treasury cabinet secretary Ukur Yattani’s budget speech presented on Thursday 10th, June in parliament.

Yatani noted that the current capitation from the Government was too low and only hurt universities as they could not sustain themselves with meagre funding from the State and students.

“Under the current arrangement, universities have not only experienced financial constraints but have also been unable to continuously honor their statutory obligations,” The CS further noted that the government’s funding of 120,000 annually was too low and hence the need to revise these figures upwards to make university education sustainable for the higher learning institutions.

Though the ministry of education received the highest share of the national budget at Ksh. 588 billion, universities will get a partly Sh76.3 billion with Sh15.8 billion was set aside for the Higher Education Loans Board and Sh5.8b for Kenya Secondary Education Quality Improvement Project.

The government intends to spend Sh5.2b as capitation for TVET students, which will be sent directly to the institutions to cater for tuition.