In Kiribati, distance education is not yet formally integrated into the school system. Perhaps if an Open Schooling is introduced in the School system of Kiribati, the Kiribati Government may also adopt its Free Education Policy in the Open Schooling System. This means Open Schooling will be free to all learners. As such, the Kiribati Government will commit itself to ensure that Open Schooling is successfully implemented to achieve the goal of Free Education Policy. Therefore the Free Education Policy will be reflected in the funding system. Obviously, there are two major sources of funding system that are actually practiced:
Recurrent Budget - This is a funding source where an Open Schooling can be included as part of the annual recurrent budget of the Kiribati Government. The Government will provide subsidies to open schools in the form of school fees for learners who are studying online subjects offered by open schools.
Development Budget - Another source of funding where the Government will fund an Open Schooling from the development budget through development partners’ financial supports. Development partners will help to finance the Infrastructure of open schools in order to be well established with ICT, technology, power, classrooms and internet.
Government funding: Open schooling may be funded by government bodies responsible for education.
Private funding: Private companies, foundations, and non-governmental organizations (NGOs) may provide funding for open schooling.
International funding: International organizations, such as the World Bank, may provide funding for open schooling projects.
Donations: Open schools may receive donations from individuals or organizations that support education.
Grants: Open schools may apply for grants from government bodies, private companies, or foundations to fund their operations.
Tuition fees: Open schools may charge tuition fees to cover their operating costs.
Partnerships: Open schools may form partnerships with other institutions, such as universities or private companies, to receive funding and support.
Fundraising: Open schools may engage in fundraising activities to raise money for their operations.
Crowdfunding: Open schools may use crowdfunding platforms to raise funds from individuals.
Endowments: Open schools may receive endowments, which are gifts of money or property that are invested, and the interest or income generated is used to fund the operations of the institution.
In the part of Nigeria where my school is situated, sources of funding for open schooling are Government agencies like Tertiary Education Trust Fund; Non-governmental organization that is dedicated to such programs (like in some religious bodies); and individually funded programs for such interests. Tuition paid by students is also a source of funding, as well as through public or private partnerships with companies like MTN, and other Telecommunication companies, as part of their corporate responsibilities to society.
You give a very comprehensive list of funding possibilities, Debolina. It is generally healthy for an institution to have multiple sources of funding. May I know if your institution (or some institutions in your country) use such a wide range of funding sources?
That’s a fantastic funding policy you have!! I am sure participation rates at the school levels must be very high. Does this create a bottle-neck at entry to higher education?