A new cohort is about to join higher education institutions in Kenya in the coming months; August, September & January, but how many have fully grasped the implications of the new Higher Education Fund (HEF) student loan system. In 2023, the Ministry of Education introduced a new student loan system that they claimed to enhance access to higher education for students across the country. The system represented a shift in how education is funded by focusing on inclusivity and easing the financial burden on poor students and their families. university funding equation What is the Higher Education Fund (HEF) Student Loan System The new higher education funding model for public universities and technical and vocational education and training (TVET) institutions groups students into three financial categories: V ulnerable, L ess vulnerable , and A ble . The model, developed by the Presidential Working Party on Education Reform (PWPER) appointed by President William Ru...