New funding model threatens survival of private universities

The Kenya Association of Private Universities led by their chairperson Prof Stephen Mbugua (center) who is also the Vice Chancellor of Catholic University of Eastern Africa addressing the press during their annual general meeting held at Kabarak University in Nakuru. [Kipsang Joseph, Standard]

Job losses loom in private universities while some institutions may close under the new funding formula, it has emerged.

This follows the adoption of the new funding model that supports students through scholarships and loans and will come to force in September this year.