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"id": 1463891,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1463891/?format=api",
"text_counter": 226,
"type": "speech",
"speaker_name": "Moiben, UDA",
"speaker_title": "Hon. Phylis Bartoo",
"speaker": null,
"content": " Sorry, Hon. Speaker. On 3rd May 2023, His Excellency the President of the Republic of Kenya announced the introduction of a new funding model in higher education effective from the Financial Year 2023/2024. It is a student-centred funding model representing a shift from the previous model of the Higher Education Loans Board (HELB). This model aims to ensure equitable access to higher education by directly supporting students based on their financial needs rather than allocating funds to institutions. The shift from the previous funding is to move individualised elites-based funding to students. It has three key elements. One is that it has a means-testing instrument which gives direct support to students and has special consideration to vulnerable groups. This model has five levels. Level One includes the estimated household income of below Ksh5,995 per month. The second level is a group of persons whose income is Ksh5,000 to Ksh23,670 per month. The third level is the group whose estimated household income is between Ksh23,671 to Ksh70,000 per month. The The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}