The main mandate of the Universities Fund is to develop the detailed institutional funding criteria, apportioning and disbursing all government funding, and then monitoring the utilization and impact of the funds by the universities.
The Universities Fund (UF) was established by Section 53 of the Universities Act, 2012 of the laws of Kenya.
UF also has the mandate of resource mobilization, developing incentives for private sector participation in university education, developing public private partnership frameworks for university education, negotiating tax waivers to foster individual and corporate/institutional support to university education.
