The Institute of Educational Planning and Administration (IEPA) UNESCO Category Two Centre of Excellence for West Africa at the University of Cape Coast has pledged to demonstrate more commitment to promoting domestic financing of education.
This comes at the back of a recently held UN Transforming Education Summit where one of the summit’s five thematic action tracks was financing of education.
According to the UN, global education spending has been thwarted by high population growth, the surmounting costs of managing education during the COVID-19 pandemic, and the diversion of aid to other emergencies, leaving a massive global education financial gap.
Considering this context, the UN believes the first step toward transformation is to urge funders to redirect resources back to education to close the funding gap.
It says addressing the gaps in education financing requires policy actions in three key areas of which one is mobilizing more resources, especially domestic.
It is in response to this that the Institute of Educational Planning and Administration UNESCO Category Two Centre of Excellence for West Africa at UCC says it is going to encourage the establishment of professorial scholarships to support financing of education in Ghana.
The Director-General of the Institute, Dr Michael Boakye-Yiadom spoke on the ATLANTIC WAVE in commemoration of IEPA’s 2nd anniversary since it became the UNESCO Category Two Centre of Excellence for West Africa.
He said “one area that IEPA is looking at is to even encourage professors within the university, an IEPA maybe for a start, to establish some scholarships in their name so that we may have a Boakye Yiadom scholarship for Student Engagement so that students who demonstrate some commitment to community engagement may benefit few cedis no matter how small to support of financing of education.”
To him, financing of education should be a matter of concern within various departments, faculties and colleges as dependency on government has become a thing of the past.
Dr Boakye-Yiadom says his outfit will from henceforth demonstrate a lot of commitment through research, teaching, engagements with various stakeholders and outreach programmes to this thematic action track and the four others which include inclusive, equitable, safe and healthy schools; Learning and skills for life, work and sustainable development; Teachers, teaching and the teaching profession; and digital learning and transformation.
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Source: Rosemond Asmah/ATLFMNEWS
