COBES
Student Education fund(SEF)
Community Health Promotion Fund (CHPF) opened up the student educational fund (SEF) with the main aim to assist needy students at North Coast Medical Training College (NCMTC) with their school fees.
The SEF assists students with study loans and in special needy cases with bursaries or other forms of support directly supporting their ability to learn at NCMTC.
CHPF mobilizes funds for the SEF, manages the funds, selects and supports the beneficiaries of these funds, and reports back to the donors.
CHPF has partnered with the Higher Education Loans Board to offer loans to students pursuing health related courses at North Coast Medical Training College in Kilifi County. The fund was set up in 2015 and the service contact was signed on 26th November 2015
CHPF collaborates closely with NCMTC in selection and support of students and with the Higher Education Loans Board (HELB) which disburses loans to individual students and is responsible for management of recovery / repayments.
our main goals
The Student Education Fund ensures that more students get to complete their studies and become who they wished to be. The quality of Health Care within Kenya will improve and after finding jobs, the repayments of the loans will help other students in the future.
Products offered by the Student Education Fund
- Full or almost full tuition support through study loans .
- Partial tuition support through study loans
- Accommodation support
- Learning device (laptop, tablet) support
- Upkeep support
Milestones
- A total of ksh 36,428,595.00 has been utilized by 400 students having disbursed a total of 771 loans.
- Students from 34 counties across the country benefitted from the funds. 54% of these loan beneficiaries are from Kilifi County, and this can be attributed to the location of the institution which also has the highest number of students from the county.
- Out of the total No of beneficiaries, 215 are female beneficiaries while 185 were their male counterparts representing a percentage of 54% and 46% respectively.
- A total of 96 students have started repaying their loans and a total, KSH 2,146,226.33 in principal amount has been recovered. This amount has been revolved back to the fund and part of it has been distributed as loans to students.
- Supported 14 female students join and pursue courses in health care, 2 of the beneficiaries have completed and graduated under the German Doctor’s funded project.
Salim Rumba graduated last year after benefiting from the partial support he received from study loans