After the government extended the deadline for applying for higher education loans and scholarships by a month, thousands of students who were in danger of missing out on the chance to receive loans and scholarships can now sigh with relief.
In a statement on Tuesday, Ezekiel Machogu, the Cabinet Secretary (CS) for Education, stated that the extension will enable more than 100,000 qualified students who have not yet applied for the loans to do so.
The categorization process of the funding model that was introduced in May will begin on Thursday for individuals who have submitted a successful loan application, according to the Higher Education Loans Board (HELB).
“We do hope that we will be able to get all the eligible students on board…for those who have successfully applied we will start the categorisation process tomorrow,” said HELB CEO Charles Ringera.
Based on their degree of financial need, students were divided into four groups for the new model. These students are vulnerable, in need, in need, and in less need.
Students from severely vulnerable and needy homes will receive 100% financing, while those who are less susceptible and in need will receive 93% of the cost of tuition from the government and 7% from their families. Those who, among other things, due to misunderstanding, fall into a category to which they do not belong, will have the chance to appeal.