Abstract

Students' application for higher education admission is significantly increasing from time to time. As a result, it effects the increasing financial cost to provide the facilities, human resources, and others. A student with high potential but cannot afford to cover the expenses, has no opportunity for his further studies due to their financial problem. Financing problems for higher education institutions is not a new problem, in fact, it becomes a big issue nowadays. Brunei Darussalam is fortunate since the government still provides free education for locals who fulfill the requirements. However, currently, there are complaints from the parents on educational financing. The same situation will happen in Brunei if we do not find a solution that can solve the problem. This research will identify to what extent waqf credibility can solve the financial problems for higher education students. The research methodology will be used as a descriptive qualitative by analyzing the content by reviewing informative secondary data such as journals, paper works, and relevant articles. In order to solve the financial problems in a higher education institution, waqf contribution is very significant and should be expanded for higher education development as an ummah development agent.

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