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Financial Aid to University Students: Where do I go?
Dr. Peter G. Kirira, PhD Director, Foundation & Endowments
Presented during the orientation of first year students - May 2018 1
Outline
Overview of Mount Kenya University Foundation
Activities of the Foundation
University Education Financing
How to Avoid Fees Fraud & Scams
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Overview of Mount Kenya University Foundation
Mount Kenya University Foundation is the charitable arm of Mount Kenya University.
Slogan: Enable. Empower, Inspire The Foundation was established to co-
ordinate activities that the University undertakes in aid of students and alumni.
Objective is to harness public and private support for the advancement of the training, research and community outreach mandates of the University.
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Overview of Mount Kenya University Foundation …… 2
Mission: To advocate and support the advancement of higher education in Mount Kenya University by obtaining, investing, and administering grants and prudently discharging its fiduciary obligations to the University, donors, and designated beneficiaries.
Vision: To be the valued and trusted partner that inspires and attracts broad resources to maintain and advance Training, Research & Community Service.
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Overview of Mount Kenya University Foundation …… 3
The Foundation was incorporated as PS 1728 under the Trustees (Perpetual Succession) Act Chapter 164 in 2017
The Foundation offices are at Thika Campus
(former Vice-Chancellor’s Office) Website: www.mkufoundation.org Email: [email protected]
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Activities of the Foundation
Resource mobilization activities
Donor Relations
Support services
Supporting Youth Empowerment Programmes
Supporting Community Outreach Programs
Information
For more info visit www.mkufoundation.org
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Fundraising activities
Endowment Fund
Internal Scholarship program
Alumni Programmes
Donations
Strategic Partnerships
Income Generating Activities
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Source: https://izquotes.com/quotes-pictures/295629.jpg
… can be the help that an under-privileged MKU student needs to access Education
University Education Financing
Higher Education Loans Board (HELB) http://www.helb.co.ke/ Constituency Development Fund (CDF) http://www.ngcdf.go.ke/ County Government Bursaries Check the website of your county government
National Government Affirmative Action Fund http://www.ngaaf.go.ke/
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University Education Financing … 2 National Council for Persons with Disabilities http://ncpwd.go.ke/ Education Trust Funds eg. Saale Gobanai ETF, Saku Forum, Turuya ETF etc
NGO’s eg. Chalbi Scholars, Direct Aid Kenya etc Multinational Organizations eg. Danish Refugee council etc
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Application form available at the website
How to Avoid Fees Scams & Fraud
1. Always deposit your fees in the University Fee Collection Bank accounts
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Fraud Alert: MKU has no intermediaries or
third parties
How to Avoid Fees Scams & Fraud
2. Avoid Fraudsters who promise to clear Fee Balances at a “small” cost
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Fraud Alert: Fee balances can only be cleared through the
University fee accounts
How to Avoid Fees Scams & Fraud
3. Gambling is Dangerous!!
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In a GeoPoll survey of youth between the ages of 17-35 in sub-Saharan Africa, Kenya had the highest number of youth who were frequently gambling.
Examples: Betway, BetPawa, mCheza, SportsPesa, Betin, Elitebet, Betyetu,
Bet365 etc
How to Avoid Fees Scams & Fraud
4. Gambling Menace!!
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“On the eighth day, Satan created Sportpesa” http://www.magazinereel.com/a-student-wails-inside-hall-after-losing-school-fees-worth-ksh-10000-to-a-bet/
Source; Koros Rachel, University Students Gambling: Examining the effects of betting on Kenyan Universities students behaviour. International Journal of Liberal Arts and Social Science. 2016, 4 (8): 57-66.
How to Avoid Fees Scams & Fraud
5. Watch out for Job Scams
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Beware of scammers who solicit money for internship and job offers
Dr. Peter G. Kirira, PhD Director, Foundation & Endowments