Kenya: New University Funding Model to Solve Cash Crisis in Public Institutions – Monari

Nairobi — The new university funding regime announced by President William Ruto will see the current scenario of cash crisis bedeviling public universities dwindle.

The University Fund (UF) which guides the allocation of State cash to public universities has stated that the new funding formula for universities and technical and vocational education and training (TVET) institutions will revolutionize the education sector.

UF Chief Executive Officer (CEO) Geoffrey Monari stated that the previous…