President William Ruto has hosted vice-chancellors of public universities at State House. The meeting focused on the progress of higher education institutions and the challenges still facing the sector.
Progress in University Management
Ruto praised universities for improving their financial management. He revealed that in the last financial year, institutions of higher learning generated Sh1 billion from income-generating projects.
According to the President, this growth is a clear sign that universities are working hard to strengthen their teaching and training role.
“Our public universities are making steady and demonstrable progress in strengthening their role of teaching and training Kenya’s human capital,” he said.
Student-Centred Funding Model
A major highlight of the talks was the new student-centred funding model. This model ensures that money follows students based on their financial needs.
Ruto said the government is investing more in higher education. The budget for universities has grown from Sh44 billion in 2022 to a projected Sh82 billion in 2025/2026.
He noted that this increase is easing the financial burden that has strained universities for years.
Financial Recovery of Insolvent Institutions
The President also revealed a turnaround for some struggling institutions. Out of the 23 universities declared insolvent in 2022, 10 have now improved their financial standing.
Ruto credited this recovery to reforms and better accountability in management.
Future Plans for Higher Education
Looking ahead, the meeting identified several priorities. These include boosting income-generating activities, embracing innovation, and strengthening governance systems.
The President assured vice-chancellors of continued government support. He stressed that strong universities are vital to Kenya’s human capital development and economic growth.
