The Higher Education Students Financing Board is seeking for eight billion shillings to finance over 1,900 students in both university and tertiary institutions.

Michael Wanyama. Internet Photo

The Executive Director of the board, Michael Wanyama, while appearing before the education committee to defend their budget noted that in the next financial year they planned on admitting 3,000 students to benefit from the loan scheme but only 4.34 billion shillings has been allocated in the budget leaving a balance of 8 billion.

Wanyama also said that every year they receive applications of about 5,000 students who want to join universities but they are only able to accommodate around 1,000 students and says this number needs to be increased.

 Wanyama wants government to come up with a national admissions board for all universities which he said will help reduce cases of students admitted in more than one higher education institution thus reducing on the processing time for applicants on the loan scheme.

 ALSO READ: Uganda Higher Education Students’ Financing Board to provide financing to Ugandan students