| dc.description.abstract | The environmental variahles defming HELB's environment of operation are ever
changing, greatly impacting on the board's strategic capabilities and the expectation from
its stakeholders. This case study sought to establish the responses by the Higher
Education Loans boardto the environmental challenges of financing higher education in
Kenya. Data for this study was primary, collected by the researcher through personal
interviews with the board Secretary (Chief Executive Officer), his deputy as well as
departmental heads.
Research findings revealed that political, economic, socio-cultural, technological factors
of the external environment as well the hoard's internal environment exercise some
influence in determining the strategic direction of the board. Findings from the study
indicate that challenges facing the boardin its quest to adequately finance higher
education in Kenya are manifest. The response strategies have been reactive thus creating
some limitations to transforming the hoardinto a self-sustain and autonomous institution,
as a result of its internal structure. This has resulted to the board's continuous reliance on
the government for grants in order to sustain its objectives of assisting needy students in
accessing higher education in Kenya.
Arising from the findings, it was suggested that a study he done on understanding and
establishing the extent to which the adopted strategies enhan-ce the effectiveness 0 f the
Higher Education Loans Boardin financing higher education in Kenya. Such a study
would highlight the underlying forces that affect the Board's response to the challenges in
both of its environments of operation in its quest to adequately finance higher education
in Kenya. | en |
