In the interim, there will be cost sharing between the government and the students whereby the Higher Education Students Financing Board shall cover tuition fees, functional fees, research fees and Aids and appli-ances for Persons With Disabilities (PWDs).
The Board will con-sider payments for accommodation charges; meals; books and stationery in future depending on the availability of funds. This is because of the limited capitalization of the loan scheme and therefore students will not be awarded adequate loans to cover all the pedagogical and non pedagogical expenses. Besides, cost sharing will lead to a reasonable number of stu-dents to access loans.
Provision of tuition and functional fees will enable the beneficiaries to meet the critical pedagogical expenses critical to facilitate completion of academic programmes. enable the beneficiaries to meet the critical pedagogical expenses critical to facilitate completion of academic programmes.