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Labrish
Nyuuz
Private Unis Shake Up Funding Model with Bold NSFAC Proposal
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[QUOTE="Nehanda, post: 25361, member: 2262"] Private universities want to change how students pay for their studies. They believe a new office should help all students with money for school, books, and living costs. This office would replace the old groups that gave money to students. Right the money system treats students differently. Students at public universities receive free money and loans, but students at private universities can only borrow money. The private schools think this needs to change. The government tried a new way to give money to students last year, but a court said it was unfair. The plan made some students pay more than others. The government had to go back to the old way of sharing money. The old way had problems because schools never received enough money to help everyone. Simon Gicharu from Mount Kenya University wants the new office to help students with loans they must pay back later. He thinks this would work better than just giving free money. He wants the office to find money from many places, not just from the government. They could sell special papers called bonds or use money that people forgot in their bank accounts. The private schools want to copy South Africa's model. In South Africa, one office helps all students at all types of schools. They give more money to students who study science and math. They also have special money for people who want to become teachers or work in farming. The private schools think students should pay back their loans based on how much money they make at their jobs. This means people who earn more would pay more, and people who earn less would pay less. They believe this would make the system fair for everyone. The schools want the government to use this time to make these big changes. They think their plan would help both the students and the schools do better. They want to make sure everyone can study at university if they work hard enough. [/QUOTE]
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Private Unis Shake Up Funding Model with Bold NSFAC Proposal
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