A team has been formed by the Ministry of Education to review the controversial university’s new funding model.
In a statement on Sunday, September 8, 2024, the Cabinet Secretary (CS) for Education Julius Migos Ogamba revealed that the ministry has formed a team of 25 members after engaging all stakeholders and students for the continuous enhancement of the funding model.
Additionally, Ogamba disclosed that the team will be tasked with reviewing the status of the implementation of the funding model and making recommendations for improvement.
“The Ministry has held some open forums with students and other stakeholders, based on which several improvements have been made to the model. One of the salient outcomes of the various forums has been the call to integrate students even more in the decision-making process,” Ogamba revealed.
“The primary task of the working committees will be to review the status of implementation of the New Funding Model and make recommendations for improvement.”
He added that the 25-member committee will also analyze the cost of the university programs, review the structure of student loans and implementation of the new funding model for higher education.
“Appraisal of the implementation of the New Funding Model for Higher Education; Evaluation of the effectiveness of the Means Testing Instrument in ensuring that the categorization of students captures their socio-economic realities; Assessment of the efficacy of the appeals mechanism in achieving correct student categorization for funding, Analysis of the cost of programmes in the universities and Review of the structure of student loans, the attendant interest rates and the period of payment,” Ogamba added.
