Machogu launches loans portal. Among the many candidates who sat for their national examinations last year, 45,000 students in universities and 42,000 students in TVET who are categorize to be so needy are going to receive full funding with government scholarships as also through loans.
In addition, the education cabinet secretary said that these learners will nit be required to contribute anything for the programme cost. The students will also receive upkeep from those loans.
Machogu said that this is the first time, needy students are going to enjoy equal access to various opportunities offered in universities and TVET institutions. This is because of the 100% funding by the Kenyan government.
He also gave further directions saying that interested applicants will be required to make formal applications through the the Higher Education Financing Fund.
What’s the link to the higher education financing portal?
The link to accessing the portal is www.hef.co.ke
The cabinet secretary was pleasured to announce the launch of the scholarships, loans and bursaries application platform.
According to Machogu, a reliable scientific method will be used to realize categorization -Means testing instruments.
He added that this are the instruments that will be used to determine the level of financial need of learners. This will therefore ensure that these learners receive adequate support.
However, students who are already into university education will nit be affected by this model. They will therefore need to keep on receiving their usual funding that is based on the existing government models.
Further, the education CS gave a directive to vice chancellors of universities and also to principals of various colleges to make sure that admission letters are released before the end of the second day of August.
This is because students need more time to apply for bursaries and loans starting 3rd to midnight of August 27.
To sum up, Machogu urged all students to ensure that they work within the set time limits. This will ensure that loans and scholarships processing is done in time.
Machogu launches loans portal.