Minister of Higher Education NKANDU LUO says government is finalizing new financing models for Public universities.
Professor LUO says her Ministry is putting in place mechanisms for administering the approved loan for students.
The Minister says the loan scheme for students is meant to have a Self sustaining scheme that will see students contribute back to the university after they graduate.
And Professor LUO says the Higher Education Authority is in the process of accrediting 36 universities in the country.
She says the accreditation is meant to ensure that standards for university education are upheld.
Professor LUO also said there is need to ensure that qualifications earned from these universities are recognized beyond boarders.
She said this when she presented a policy statement for her Ministry’s budget for 2017′ in Parliament this morning.