County signs MoU with HELB in a bid to recover funds from sponsored students

Home / Education / County signs MoU with HELB in a bid to recover funds from sponsored students
County signs MoU with HELB in a bid to recover funds from sponsored students

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The Uasin Gishu County government on Thursday signed a memorandum of understating with the Higher Education Loans Board (HELB) in a move to ensure students who are being sponsored by the county repay back the funds once they secure jobs.

The county is currently sponsoring 1,200 students at the Rift Valley Technical Training institute(RVTTI)

Speaking at the County Headquarters in Eldoret during the signing of the MoU, Governor H.E Jackson Mandago said the decision was informed by the need to ensure other needy students benefit from the program.

“We agreed that in this county there will be no free money being given out and this is why the students we are sponsoring at ‪#‎RVTTI‬ must pay back those funds so that others can also benefit,” noted H.E Mandago.

“The county chose ‪#‎HELB‬ for this MoU because we know they have the capacity and manpower to do that,” he added.

Under the sponsorship program that begun two years ago, the county has been sponsoring 20 students in each of the 30 wards with every student allocated sh50,000 per year.

So far the project has used sh60 million.

“The recovery begin immediately and we want to urge those students we sponsored and have a way of getting some funds already to start repaying the money so that others can also be sponsored,” added H.E Mandago.

On his part, HELB Chief Executive Officer (CEO) Charles Ringera, assured of their commitment to ensuring the county recovers the money.

 

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