Showing posts with label 2016 K602. Show all posts
Showing posts with label 2016 K602. Show all posts

K75.4 MILLION TUITION FEE FREE FUNDS FOR TERM 2 QUARTER 2 RECEIVED

Statement by Education Minister, Nick Kuman

I am pleased to announce to all our schools and school administrations throughout the country that the Department of Treasury has released the warrant for K75.4 million to complete the Tuition Fee Free payments for the second quarter or Term 2 of 2016. This latest payment brings the total TFF release to K301 million. I am thankful to the government for its commitment by giving priority to this key policy to ensure that every child receives a quality education.  The Department of Education is now working on the payments to be deposited in the commercial banks. Schools will have access to their money by next week.

The National Government has appropriated K602 million in 2016 with K150.5 million to be paid each quarter. The Infrastructure Component will be paid into TFF Trust Accounts held at the District Treasury for the schools to access in the near future. Current all funds are paid to schools.

The Department of Education now has a TFF Quality Assurance Officer in each province. This officer will be the direct link between the schools, the provincial office and the Department. The provincial officer and overseeing the disbursements of TFF payments and also deal with other TFF related matters.

I once again remind schools and their administrations to use the money wisely and only on areas that will improve the teaching and learning in the classroom. Governing boards of each school must ensure funds are used prudently, transparently, and also account with proper reports to parents and education authorities.

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