The revenue from the 4% Development Levy will be allocated to different funds, with the allocation changing over time to meet national priorities:
- 2025-2026: Tertiary Education Trust Fund (50%), Student Loan Fund (25%), NITDA Fund (20%), and NASENI Fund (5%).
- 2030 onwards: The entire levy (at its reduced 2% rate) will be allocated 100% to the Student Loan Fund, signaling a long-term commitment to funding education.
