The Ministry of Education confirmed the disbursement of Ksh3.2 billion to facilitate the upkeep of first-year and second-year university students under the 2024/2025 academic year.
Education Cabinet Secretary Julius Ogamba announced on Tuesday evening, a day after the university students held demonstrations demanding the immediate release of the funds, that the Higher Education Loans Board (HELB) had released the funds.
In a notice obtained by Kenyans.co.ke, Ogamba indicated that the money was disbursed to students' accounts with each beneficiary set to receive between Ksh40,000 and Ksh60,000. "The Government disbursed a total of Ksh3.32 billion by January 31, 2025, for first and second year students during the 2024/2025 Academic Year.
The disbursements through the Higher Education Loans Board cover students' upkeep," Ogamba announced.
