Means testing of student loans in Kenya
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This research examines how well the student loan program in Kenya is targeting the needy students who require financial assistance to access higher education. The study examines, through the employment of quantitative and qualitative methods, how means testing is carried out to identify those who are needy and the amount of money they require to enroll in universities. The findings show that although the majority of students who need to borrow to access higher education receive loans, there are some wealthy students who also benefit from loans, which should only target the poor. In addition, the study reveals other critical aspects of the Kenyan loan program pertaining to the application and disbursement processes. The findings speak to the positive steps the Higher Education Loans Board (HELB) has made in increasing access and equity in higher education. The research also draws attention to various challenges facing the HELB and furnishes recommendations useful for improving targeting of the needy and for sustaining the loan program.