It is a presentation in the ways to improve efficiency of one of the Kenyan government agencies.The higher education loans board.

1. WAYS TO IMPROVE FUNCTIONALITY OF THE
HIGHER EDUCATION LOANS BOARD
The Higher education loans board is the major sponsor of deserving Kenyan studentsin the
institutions of higher education in and outside of Kenya. It is an official institution working
under the auspices of the ministry of education, science, and technology.
Since its inception in 1995, under an act of parliament, the higher education loans board has
been experiencing successes and challenges in equal measure.A major setback to its
efficient running is loan default a vice that continues to cripple the efficiency of the revolving
fund.
The main challenge facing the higher education sector is how to increase accessto higher
education to cater for the increasing number of high school leaverswith the insatiable thrust
of university education while maintaining standard quality, ensuring equity and affordability.
The number of students who qualified for university education in 2018 was slightlyabove
89,460. Out of this only 83,670, acquired entry to institution of higher learning withabout
6,000 of them missing opportunities to join a public or private university of their choice.
The number of students seeking university admission entry by 2015 is estimated to range
from 160,000 to 18O, 000. The number who missed the opportunity to join the university at
this time is estimated to be 100,000 unless opportunities for accessare created.That said
and done, institutional mechanism and arrangement to support needy and underprivileged
student access to higher education the oughts be a matter of priority
The higher education loans board, in as much s, is an important empower or of many career
dreams, in the Kenyan society,it usually provides funds that cater to school fees alone and
doesn't cater to the diverse needs of students while in and out of campus. As a result of these
insufficient funds, studentsresort to engaging in menial jobs just to make ends meet and
this jeopardizes their concentration while in class and consequently the performance while in
school.
In addition to this, the moment these students graduate, theyare left to fend for themselves
in the ever harshand non-absorbing labor market.statistics show that there are around 7
million unemployed youth accounting to 39.1 percent of the total population, not forgetting
that (helb) would soon be on their neck demanding for their repayment whena junk of these
graduatesare unemployed.
I mitigation to these inefficiencies, the (helb) needsto petition the ministry during budget
making to increase their budgetary allocation so that that they can find enough money to
sponsor students' life in and out of campus under the prevailing economic situations.
The addition of budgetary allocation should then inform them to then set up a fund
specifically for graduates. These grants should be given to recent graduates with proven

2. sustainable projectsor business ventures in society to solve the current pandemicof
unemployment and other contemporary issuesfacing the Kenyan society.
In response to load defaulters, the higher education loans board should employ the offer
mentioned tools in a bid to improve efficiency and ensure compliance to sustain the revolving
fund and continue empowering dreams without any impediment whatsoever, and they say
‘’education the greatest investment ever”.
©Isaac Barasa
Strathmore University