Dedan Kimathi University students are set to receive laptop financing to enhance their learning.
This is after NCBA Bank and the Dedan Kimathi University of Technology announced a new partnership through which NCBA will provide affordable laptop financing to students at affordable interest rates to ensure they can access high-quality laptops for their studies.
The loan facility will be payable directly through the student’s school fees and will have a repayment period of up to 24 months or eight termly instalments.
The students will be required to finance 20 per cent of the total cost of the laptop, while NCBA will finance the remaining 80 per cent.
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NCBA Group Director of Retail Banking, Tirus Mwithiga, noted that the initiative would allow students to embrace technology at an affordable price.
Speaking during the laptop handover ceremony, he said the initiative aims to enhance the quality of education by equipping students with the necessary tools to succeed in their academic journey.
“Students will also be able to improve their digital skills that will enhance their competitiveness as they seek to participate in the digital economy after school.”
On his part, Dedan Kimathi University Vice Chancellor Ndirangu Kioni said that the cost of good quality laptops for student use remained a significant barrier to accessing quality education.
Further, he said that the university was actively seeking ways to make learning cheaper and more accessible to its students.
“The initiative by NCBA and Dedan Kimathi University of Science and Technology is an excellent example of a public-private partnership that addresses critical challenges in the education sector,” Kioni said.
