The Charter for Lukenya University

29. Sources of Funds and Resources

Edition: 2022-12-31 · In force

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29. Sources of Funds and Resources

(1)The funds and resources of the University shall be derived from—

(a)tuition fees and other charges;

(b)research, consultancies and training;

(c)donations and grants;

(d)income from University auxiliary enterprises and investments;

(e)endowments, gifts, trusts and bequests; and

(f)such other sources as the University may from time to time identify.

(2)The University Management shall propose and the Council shall, in consultation with the Board of Trustees, approve the fees to be charged by the University.

(3)Any funds received by the University from any donor shall, unless otherwise approved by the University, be used or channeled exclusively for the intended purpose as agreed between such donor and the University.

(4)The University shall not accept funds which may limit or compromise its freedom or integrity.

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Source: Kenya Law