There are various internal and external Financial Aid Schemes in form of scholarships, loans, bursaries, work study, waivers etc. The eligibility criteria varies depending on the type of financial aid one is applying for.

Scholarships

1. SU Merit and Need-Based

These are partial and full scholarships offered to students pursuing undergraduate, diploma and professional courses.

2. Sports

Strathmore University is committed to nurturing students who have demonstrated talent in sports. The award covers a percentage of the tuition fee.

3. European Union

This is open to final year students in secondary schools who wish to study the following courses at Strathmore University in the coming year:

• Certified Public Accountant (CPA)
• Diploma in Business Management
• Diploma in Business Information Technology

4. Mathematics Contest

Strathmore University awards the best form four boy and girl in the country’s top Mathematics Contests. These students are awarded a tuition fees scholarship to pursue Certified Public Accountant (CPA), Association of Chartered Certified Accountant (ACCA) or Diploma in Business Information Technology (DBIT).

5. Loans

There are various types of loans available to students to enable them pursue various courses at Strathmore. Some of the loans include:

• Strathmore loan

This is a merit loan scheme that enables bright and needy students’ pursue undergraduate courses at Strathmore. Two of the determining factors used to select the students included good academic performance and proof of the family’s financial neediness.

• Kiva loan

Strathmore University has partnered with KIVA, an online platform that connects field partners to social investors, to offer a unique student loan which enables students to obtain tuition and laptop loans. Strathmore University is KIVA’s first non-traditional partner specializing in student loans.
Tuition and laptop loans are available to undergraduate degree students in the full-time program. To be eligible, a student must attend a Kiva Loan information session to understand the loan requirements and application process.

• HELB Loan

The Higher Education Loans Board awards various amounts of loans to university students with demonstrated financial need.

• Chase Bank Loan

With the Strathmore-Chase Bank Student Loans scheme you can now get financing for your tuition fee while enjoying flexible payment terms that are linked to your course duration at a concessionary interest rate. For more details, visit Chase Bank at the Strathmore University Student’s Centre.

6. Rebates

• Family Benefit: – This rebate is awarded to parents with two or more children undertaking a degree course at the University. The rebate goes to the student with a higher average grade each academic year. Application for the Family Rebate is done annually by filling in a Family Fee Benefit Form and attaching copies of birth certificates and academic transcripts and submitting them to the Financial Aid Office.
• Academic Excellence Rebate – Strathmore University awards fee rebates to top students who excel in class annually. The students must be in the top three positions in their respective dean’s list with an equally impressive disciplinary record.

7. Bursaries

These are grants based on need and outstanding academic ability and are normally awarded to students who meet additional criteria that may be set by the donor. Some of our partners are Strathmore University Staff Giving, Mzima Co-operative society, Rattansi Educational Trust, Rahimtullah Foundation, Langalanga Scholarship Fund, Wanawake kwa Wanawake among others.

8. Work study

The Work Study program is a partial scholarship designed to give students with demonstrated financial need an opportunity to work part-time on Campus to meet their educational expenses. Student assistant may be placed in the library, help-desks, computer labs and any other units offering student services.

9. Grad-Prep College Counselling

Study overseas on Scholarship at an Ivy league or top global universities. Get support for GRE or GMAT/TOEFEL exams. Get support for graduate school scholarship or Financial Aid applications. SU FAO Grad Prep links: https://sites.google.com/strathmore.edu/gprep/

Applying for financial aid is done annually, paying attention to deadlines is crucial. Obtain, read, complete, and return your application early.

1. Students must apply for financial aid online through this link: https://su-sso.strathmore.edu/fa
2. Ensure that you meet the requirements for financial aid you wish to apply.
3. Attach the necessary supporting documents such as copies of your KCSE results and SU admission letter.
4. For continuing students, attach a copy of your completed HELB application form.
5. Await notification on the status of your financial aid application, if your application is successful, you will be given an offer letter. Carefully review and follow the terms and conditions on the financial aid offer letter.
6. Return the completed financial aid offer letter on or before the stated deadline.
7. Your financial aid will be credited to your student account after all financial aid award requirements are met. No funds will be disbursed to your student account unless you have complied with all the requirements.
8. Students must register for the units they will take each semester and fill-in a Fee Payment Request Form at the Financial Aid Office within the first two weeks of the semester.

A. Fees Paid In Cash should be deposited into a Strathmore University Collection Account either at:

i. Standard Chartered Bank (any branch in Kenya) Account No. 010 204 484 4 000

Karen Branch

ii. CfC Stanbic Bank (any branch in Kenya). Account number has a Strathmore University number (99020)

and the student number (e.g. 123456) the account number will be 99020123456

Chiromo Branch

ii. Co-operative Bank of Kenya (any branch in Kenya) Account No. 01129 1604946 00

Upper Hill Branch

iii. SBM Bank (ANy Branch in Kenya)

Account Name: Strathmore University
Account Number: 0242027486004

Note

Upcountry cash payments should be deposited into the Standard Chartered Bank or the Co-operative Bank of Kenya or SBM Bank.

Bank deposit slips should be completed in duplicate: the top copy is kept by the bank; the second copy should be kept by the student.

B. Credit/ Debit Cards: We also accept payments by Credit/Debit cards — local and international.

However, all payments attract a 3% levy on the total amount payable.

C. No cash fees, money orders, postal orders, personal cheques, company cheques or upcountry cheques will be accepted in the University.

D. Bankers’ cheques can be receipted directly by the University Cashier. However, upcountry banker’s cheques will be receipted by the University cashier on further payment of Kshs 200, being bank charges levied by our bankers.

Satisfactory academic progress (SAP) is a term used to describe a student’s successful completion of a degree or certificate. A student receiving the University’s financial aid or other financial aid directly administered by the University must maintain satisfactory academic progress towards the completion of their program of study.

Satisfactory academic progress is measured at the end of each semester against the following:

1. The student must have met the required class attendance
2. The student must have passed all attempted units
3. The student must have achieved the set minimum average grade indicated in their award letter

Failure to meet the above conditions will lead to suspension of financial aid. Students who become ineligible to receive financial aid may appeal by completing a SAP Appeal Form and submitting it together with supporting documents to the Financial Aid Office.

 Check Your University Email Account Frequently

Information to students is sent to the student’s Strathmore University email account; this account is the University’s official means of communication with students. You are responsible for checking your University email account frequently for information about your financial aid. Emails from our office may include requests for missing or updated information as well as other important information regarding your financial aid award.

If you are having challenges activating your SU email account, kindly contact your School/Faculty helpdesk for assistance.

1. You must have obtained admission to study at Strathmore University.
2. Ensure that you meet eligibility criteria for the specific financial aid you wish to apply for.
3. Continuing students applying for financial aid must ensure that they have applied for a HELB loan within the set deadlines.
4. Respond promptly to all correspondences from the Financial Aid Office and request for additional information/clarification regarding your application.
5. Ensure that all contacts provided to the Financial Aid Office are current. If they are not current, you run the risk of not receiving communication from the University.
6. Take an active role in the financial aid process
7. Financial Aid Office staff are available to help when you have questions. Contact the Financial Aid Office by email: financialaid@strathmore.edu with any questions or concerns about financial aid.

Frequently Asked Questions

Click here to go to the HELB website.

1. Family Fee Benefit Form
2. SAP Appeal Form
3. Application for Student Aid Form
4. SAP-appeal-form
5. Financial Aid Appeal Form
6. I&M Scholarship Form
7. EABL Foundation Scholarship Form
8. Financial Aid Application Form