Higher Education Reforms Project (HERP) is a continuation of Second Higher Education Project (SHEP) with new sets of reforms and results based financing (Disbursement Linked Indicators – DLIs). HERP is a softloan support of World Bank Group (WBG) to the government of Nepal.
One of the main objectives of this project is to provide financial support, through poverty targeted scholarship system, to improve access for academically qualified underprivileged students and educationally disadvantaged students to higher secondary and higher education levels.
The GON has prepared a National Program for Higher Education Reforms and Development (NPHERD) to implement the recommendations of the Higher Education Plan. The National Program is dedicated to higher education reforms for continuation of a poverty-targeted scholarship program.
Student Financial Assistant Fund Development Board (SFAFDB) is responsible for implementing DLI-6, which involves providing financial assistance to meritorious students belonging to under-privileged students at the higher secondary (science) and bachelor’s degree levels for equitable access. About 7,500 Bachelor’s degree level and 2,000 higher secondary students are expected to benefit from this program.