Page 29 - EdSource Issue No02

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funding of postgraduate programs programs, how many students are
at 80% of the unit cost where the in that program. The data collected
beneficiaries can be bonded to a will not only promote public access
university for a prescribed period. to information relating to the sector
but it will also enable the Fund
plan strategically for projects and
10. DO YOU BELIEVE THAT THE improve the management of the
UNIVERSITY EDUCATION DATA disbursed fund. In addition it will
MANAGEMENT INFORMATION enhance public accountability and
SYSTE M WILL PROM OTE transparency, self-improvement,
ACCOUNTABILITY IN ENROLMENT and encourage performance-based Internally universities
NUMBERS? funding. should consider building

Yes, definitely, this is a key their capacity, especially
on financial management
challenge. Currently, we do 11. WHAT ARE YOUR PARTING so that we have manag-
not have a centralized data WORDS! ers who are business ori-
management system. We need a ented and able to keep
publically accountable system that I will be brief. We want to ensure that these institutions afloat.
is transparent and can confirm; in the next 2 to 3 years universities
the students admitted, when they start turning around and there’s
entered, when they left or completed sustainable financing for universities
or if they have ever completed in this country in line with the
and from this we can establish Sustainable Development Goal 4,
transition rates. This will help us that is our key role, sustainability.
start funding universities based
on their transition rates, i.e, how Geoffrey Monari is the Chief Executive
many students graduated during a Officer, Universities Fund
certain year, if their national priority

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EdSource Quarterly | Oct-Dec l 2021