universities funding Stories

First-year students who reported to campuses on Monday, August 18, 2025, expressed confusion after many were unsure how much to pay following the gove...

Auditor General Nancy Gathungu revealed that the continued operations of many of these universities were being sustained only through government suppo...

Gathungu said the universities did not have legal evidence to confirm ownership of the assets reflected in their financial statements.

The audit covering 42 universities found that Sh10.96 billion of the debt is long-term, while Sh68.4 billion represents current liabilities.

Appearing before the committee during an oversight visit to the agency’s headquarters in Nairobi, UF acting CEO Edwin Wanyonyi revealed that the agenc...

Among the most heavily indebted institutions are Kenyatta University, which owes Sh12.38 billion; the University of Nairobi, with Sh12.22 billion; and...

MPs have now called for honesty in government budgeting and policy formulation to prevent recurring financial crises in the education sector.

Many universities also own commercial properties such as hotels and malls, which remain largely untapped as sources of revenue.