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A forensic probe into corrupt practices at the government’s embattled multibillion-rand student funding vehicle is set to be launched, said Higher Education and Training Minister. The scheme gets a significant portion of the department’s budget. Students who did not meet the scheme’s funding thresholds were granted loans, putting countless deserving others at a disadvantage.

Zambia's government has decided to scrap its national bursary scheme and replace it with a transparent student loans scheme, following controversies including allegations of corruption that have dogged the bursary initiative for years.

The Education department must explain why it let a student loan company that an audit had found improper millions of dollars. The loan company received the payments through a subsidy program that guaranteed a 9.5 percent interest rate on student loans. In an accord reached in January, the department allowed it to keep the $278 million it had received but suspended future payments of more than $800 million until a future audit could determine whether the company was eligible for the money.