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University of Nairobi Students Association Chief of Staff Michael Soi on Spice FM. [Screen Grab]

Kenyan students face renewed uncertainty over how they will finance their education as the government moves toward a new higher education funding system that could leave graduates with significantly larger debts.

Speaking during an interview on Spice FM, University of Nairobi Students Association Chief of Staff Michael Soi said the previous funding model failed to meet the actual cost of university life.

He explained that a student pursuing a five-year engineering course at the University of Nairobi received about Sh40,000 annually from the Higher Education Loans Board in 2017. After deductions, including a Sh500 annual ledger fee, the amount fell to roughly Sh38,000.