Publications

The terms "availability" and "utilization" relate to the sources from which the institution can easily raise moneyand use it in accordance with established guidelines. It serves as the cornerstone of daily activities at theuniversity. Due to funding shortages resulting from the Differentiated Unit Cost (DUC) funding model'simplementation, the researcher was forced to evaluate the availability and use of university funds in order tocomprehend the sources of those funds and the limitations imposed on them in order to ensure smoothutilization. Vice Chancellors of Kenya's public universities as well as heads of faculties, schools, and institutesprovided information for the study. Three hundred and sixty people were the study's target population. NineVice Chancellors and ninety-nine heads of faculties, schools, and institutions made up the sample of one hundredand eight, which was obtained by applying a thirty percent of the target population rule. Using stratified randomsampling, nine universities of study were selected. Data were gathered via interviews and questionnaires.Lecturers in Garissa University's Department of Educational Management used their expert judgment todetermine validity. Utilizing Cronbach's alpha index, the reliability of the questionnaire items was examined.The results from the questionnaire were analyzed using Pearson r, while the data from the interview schedulewere evaluated thematically. The results of this study showed that public universities in Kenya were mostlydependent on government capitation for operations rather than endowment funds, which prevented them fromallocating funds for research or paying back money withheld for SACCOS or KRA on time. The findings alsodemonstrated that budget deficits might be reduced by carefully calculating student fees. Results showed thatthere was only a slight association (r (68) =.22, p =.072) between the implementation of public universities' mainmandates and the availability and usage of university finances. In order to assure sustainability, this studyadvised colleges to diversify their revenue streams and adhere to financial sources' regulations and guidelines