The KCB Foundation has announced a significant investment of Sh100 million to fund the university education of 300 underprivileged students as part of its Annual University Scholarship Programme.
This funding will cover full tuition fees for the students enrolled in Kenyan universities, colleges, and vocational institutions. Beyond academics, the programme also offers mentorship, psychosocial support, and guidance throughout the students’ educational journeys.
Launched in 2021, the scholarship programme now supports a total of 888 students. Of these, 10% of the scholarships are reserved for learners with disabilities, and 50% are allocated to girls, ensuring inclusive access to education.
The initiative specifically targets vulnerable and marginalized learners, including orphans, victims of harmful cultural practices like female genital mutilation (FGM), teenage mothers, and students from economically disadvantaged regions.
Speaking at the flag-off event, Julius Bitok, Principal Secretary for Basic Education, underscored the crucial role of public-private partnerships in enhancing education equity.
“We’ve made great progress through initiatives such as the 100% Transition Policy, the Competency-Based Curriculum (CBC), and support from institutions like HELB. However, partnerships like this one with KCB Foundation are vital in bridging the remaining gaps and expanding access,” Bitok said.
Paul Russo, CEO of KCB Group, emphasized the transformational impact of the scholarship initiative.
“The cost of university education continues to be a barrier for many young Kenyans. Our programme identifies learners at risk of dropping out and offers them a lifeline,” he explained.
“Each KCB Scholar represents a future change-maker. Our commitment stems from the belief that quality education is a right, not a privilege,” Russo added.
The programme also features annual mentorship sessions that equip students with critical academic, personal, and professional skills, preparing them for successful careers and active roles in society.
By focusing on education as a tool for economic empowerment, the KCB Foundation is making strategic strides toward tackling poverty, unemployment, and social exclusion. This initiative is part of the Foundation’s broader mission to nurture an inclusive, skilled workforce, contributing to Kenya’s long-term socio-economic development.
