A key proposal under the Tertiary Education Placement and Funding Bill is the consolidation of the Higher Education Loans Board (HELB), the Universities Fund Board and the Technical and Vocational Education and Training Funding Board into a single entity.
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Applications are set to kick off once HELB provides the funding and publishes an advertisement to announce opening of the portal.
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Mbadi announced that Ksh 784.5 billion is the proposed allocation for the sector, which translates to 26.4 per cent of the ministerial allocation.
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Kindiki confirmed that the Ministries of Health, Treasury, and Education will convene to finalise a comprehensive funding model that ensures no KMTC trainee is excluded from government support.
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KMTC CEO Dr Kelly Oluoch further appealed to Parliament to view investment in health training as a strategic imperative.
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Officials from the ministry also assured lawmakers that the government is committed to ensuring the sustainability of higher education financing in Kenya.
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The President said the new student-centred funding model is addressing financial challenges that nearly brought public universities to their knees.
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KUCCPS boss expressed concern with the low number of students applying for programmes offered in the Ministry of Education’s TVET institutions.
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