Abstract

This century is faced with many challenges which require investment in higher education to provide a sense of direction. This research was undertaken to specifically identify the funding modalities, effectiveness, challenges and opportunities in Uganda. The research employed the qualitative approaches. The two commonest funding models are the public model and the market model. The challenges to funding higher education in Uganda include the increasing demand for primary and secondary education, among others. The major conclusion was that there has been a general decline in the funding of higher education over the last two decades. There has indeed been a widening gap between actual funding and ideal funding, with a serious impact on educational outcomes. However, it has been noted that Uganda has a lot of opportunities in this century to improve funding of its higher education. It is recommended that, among other initiatives, Uganda should encourage private funding of higher education. Keywords : Higher education funding, Reform, Quality assurance

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