{"id":670,"date":"2021-10-15T19:27:12","date_gmt":"2021-10-15T19:27:12","guid":{"rendered":"https:\/\/haramaya.edu.et\/hit\/?page_id=670"},"modified":"2021-10-15T19:34:33","modified_gmt":"2021-10-15T19:34:33","slug":"cost-sharing","status":"publish","type":"page","link":"https:\/\/www.haramaya.edu.et\/hit\/cost-sharing\/","title":{"rendered":"cost sharing"},"content":{"rendered":"\n\t<h2>Cost Sharing<\/h2>\n<p>Cost sharing is considered as a government loan program for higher education students to cover partial cost of teaching and learning. It is applicable to students who have completed their studies or withdrawn from a public higher learning institution.\u00a0The ratio of shares shall be as follows.<\/p>\n<ul>\n<li>Beneficiaries expected to bear 100% of their food and boarding expenses\/costs and at least 15% of the total direct cost of education.<\/li>\n<\/ul>\n<ul>\n<li>Every beneficiary who takes 15 credit hours or more shall pay the full cost of his\/her food and boarding expenses and 15% of the total tuition fee calculated for a regular student of his\/her department.<\/li>\n<li>Every beneficiary who takes less than 15 credit hours and above 8 credit hours shall pay the full cost of his\/her food and boarding expenses and \u00be of the 15% of the total tuition fee calculated for a regular student of his\/her department.<\/li>\n<li>Every beneficiary who takes less than 9 credit hours and above 5 credit hours shall pay the full cost of his\/her food and boarding expenses and \u00bd of the 15% of the total tuition fee calculated for a regular student of his\/her department.<\/li>\n<li>Every beneficiary who takes less than 6 credit hours shall pay the full cost of his\/her food and boarding expenses and \u00bc of the 15% of the total tuition fee calculated for a regular student of his\/her department. To simplify the process the following policy direction is proposed.<\/li>\n<\/ul>\n<p><strong>Purpose of the policy<\/strong><\/p>\n<ul>\n<li>To attain satisfaction of students who are receiving their cost shares in cash.<\/li>\n<li>To set guidelines that would enable students to receive quality cost sharing service.<\/li>\n<li>Ensure reliable and timely cash payment to the student.<\/li>\n<\/ul>\n<p><strong>Scope<\/strong><\/p>\n<ul>\n<li>This policy is formulated for all Addis Ababa University students who are receiving their cost shares in cash<\/li>\n<\/ul>\n<p><strong>Definition<\/strong><\/p>\n<ul>\n<li>\u00a0\u201cUniversity \u201cmeans Haramaya University.<\/li>\n<li>\u00a0\u201cCost sharing\u201d means a portion of total project of program costs related to a sponsored agreement that is contributed by someone other than the sponsor. Therefore, the real cost-sharing in Ethiopian Higher Education is the 15% tuition fee share of the student.\u00a0The rest 85% is sponsored by the government.<\/li>\n<li>\u00a0\u201cCost-sharing scheme\u201d means the present cost-sharing scheme of the government or government-sponsored student loan which allows the student to share the tuition fee and requires them to repay the full cost of boarding and meal and 15% of the tuition fee at the time of employment?<\/li>\n<li>\u00a0\u201cEligible Beneficiary\u201d means an Ethiopian studying in a public\/government university\/college\/institute that has the privilege to participate in the available cost-sharing scheme of the government and\/or government-sponsored student loan.<\/li>\n<li>\u201cForm of benefit\u201d means benefit either in cash (full), in kind (full), or partially in cash and partially in kind (e.g. boarding in cash and meal in kind).<\/li>\n<li>\u201cGovernment-sponsored student loan\u201d means Loan provided to an eligible beneficiary (who is an Ethiopian and studying in a public\/government university\/college\/institute) for boarding, food and other expenses which are mandatory and will be paid in full by the beneficiary after graduation\/employment.<\/li>\n<li>\u201cIn-cash beneficiary\u201d means a beneficiary who receives cash in place of boarding and meal services of the University.<\/li>\n<li>\u201cIn-kind beneficiary\u201d means a beneficiary who receives boarding and meal service from the University.<\/li>\n<li>\u201cOffice\u201d means the current Cost-sharing Coordination Office of the University.<\/li>\n<li>\u201cStudent Cost-sharing service delivery\u00b4 means a Student Finance Service Delivery of the University.<\/li>\n<\/ul>\n<p><strong>Guiding principles<\/strong><\/p>\n<ul>\n<li>On-time payment of cash for the students who are not receiving accommodation from the University (within three days after the registration of the student; from 26 -28th days of each month)<\/li>\n<li>Improving the quality of cost sharing service from time to time<\/li>\n<li>Creating awareness of the rights and obligations of service-recipients and the obligation \/accountability of finance service providers<\/li>\n<li>Improving participation of students in cost-sharing programs<\/li>\n<\/ul>\n<p><strong>Policy statement<\/strong><\/p>\n<ul>\n<li>Providing efficient and effective cost-sharing service by reducing the time taken to effect payment by 100%.<\/li>\n<li>Administering cost-sharing service in an excellent and accurate way by using data processing software and\/or LAN<\/li>\n<li>Provision of on-time data to relevant finance offices to facilitate on-time payment (data shall be provided up to the 20th day of each month)<\/li>\n<li>Ensuring the transparency of cost-sharing services<\/li>\n<li>Empowering students and encouraging participation of students in the cost-sharing processes<\/li>\n<li>Updating the cost-sharing amount annually by assessing the market<\/li>\n<li>Designing compliant handling mechanism<\/li>\n<li>Creating coordination among concerned departments, offices \u2026etc.<\/li>\n<li>Redesigning ways of paying out cost-sharing money (once in a semester or once in three months; through bank or other mechanisms)<\/li>\n<li>Designing ways of opening bank accounts (for students)<\/li>\n<li>Minimizing\/ bureaucratic and documentary efficient work or totally eliminate<\/li>\n<\/ul>\n<p><strong>Policy authority and interpretation<\/strong><\/p>\n<p>The president, VP, and Student Affairs process owner are authorized for implementation and interpretation of the policy.<\/p>\n<p><strong>Related policy<\/strong><\/p>\n<p>Higher Education Proclamation, directives of council of ministers and MOE<\/p>\n<p><strong>Implementation procedure<\/strong><\/p>\n<ul>\n<li>Implementation shall be as per directives given from MOE<\/li>\n<li>As detail procedures prepared by AAU (must be prepared and attached)<\/li>\n<li>As stated in University rules<\/li>\n<\/ul>\n<p><strong>Compliants:<\/strong><\/p>\n<p>Compliance handling office shall be formed at VP\u2019s office or at the office of Students Director office<\/p>\n\t<p><strong>STUDENT SERVICE<\/strong><\/p>\n<ul>\n<li><a href=\"#\">Student Service Contacts<\/a><\/li>\n<li><a href=\"#\">Student Service Head<\/a><\/li>\n<li><a href=\"#\">Student Gallery<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Cost Sharing Cost sharing is considered as a government loan program for higher education students to cover partial cost of teaching and learning. It is applicable to students who have [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-fullwidth.php","meta":{"_edd_button_behavior":[],"_oasis_is_in_workflow":0,"_oasis_original":0,"footnotes":""},"class_list":["post-670","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.haramaya.edu.et\/hit\/wp-json\/wp\/v2\/pages\/670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.haramaya.edu.et\/hit\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.haramaya.edu.et\/hit\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.haramaya.edu.et\/hit\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.haramaya.edu.et\/hit\/wp-json\/wp\/v2\/comments?post=670"}],"version-history":[{"count":5,"href":"https:\/\/www.haramaya.edu.et\/hit\/wp-json\/wp\/v2\/pages\/670\/revisions"}],"predecessor-version":[{"id":675,"href":"https:\/\/www.haramaya.edu.et\/hit\/wp-json\/wp\/v2\/pages\/670\/revisions\/675"}],"wp:attachment":[{"href":"https:\/\/www.haramaya.edu.et\/hit\/wp-json\/wp\/v2\/media?parent=670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}