Makerere University students are now required to pay an annual Endowment Fund fee of Shs 18,000. This payment is part of the university's registration requirements and is payable once every academic year. According to a notice dated November 4, 2026, from Academic Registrar Prof. Buyinza Mukadasi, students must present proof of payment to complete their registration. The Endowment Fund fee was introduced following a resolution by the University Council at its 167th meeting held on June 5, 2025.

The payment can be made through various channels. Students can generate a Payment Reference Number (PRN) through the Academic Management Information System (ACMIS) student portal. They can then complete the payment using mobile money services such as *212*2*1# or through the NCBA NOW UG application. Alternatively, students can make manual bank payments at the NCBA agent at the Gift and Souvenir Shop in the Main Building or at any Stanbic Bank branch. The university has provided account details for both NCBA and Stanbic Bank.

The Academic Registrar has advised students using the manual payment option to retain their payment slips or receipts as evidence of payment. This is crucial for verification and future reference. The university has also acknowledged that some students had already paid the fee before the latest communication. The reconciliation of such payments is currently ongoing, and the Makerere University Endowment Fund is expected to issue further guidance on the verification process.

Students seeking clarification on the payment process have been directed to the Revenue Office under the Directorate of Finance at CTF 1, Makerere University. The university emphasizes the importance of the Endowment Fund contributions in strengthening its long-term financial sustainability and supporting its institutional development agenda. According to Prof. Buyinza, the fund will play a critical role in enhancing the university's resources.

The introduction of the Endowment Fund fee is part of Makerere University's efforts to improve its financial sustainability. The university has been facing financial challenges, and the Endowment Fund is expected to provide a steady source of income. The fund will be used to support various university programs and initiatives, ultimately enhancing the student experience.

The payment process has been designed to be convenient and efficient. Students can make payments through various channels, including mobile money services and bank deposits. The university has also provided clear guidelines on the payment process to ensure that students can easily comply with the new requirement.

The Makerere University Endowment Fund fee is a significant development in the university's efforts to improve its financial sustainability. The university's decision to introduce the fee is expected to have a positive impact on its operations and development agenda. Students are encouraged to comply with the new requirement to ensure that they can complete their registration and access university services.

Key points

  • Makerere University students must pay an annual Shs 18,000 Endowment Fund fee as part of their registration requirements.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.