Authors: Margery Wanjira Muriuki1 and Margaret Gikuhi2 1The Catholic University of Eastern Africa P. O Box 62157-00200, Nairobi – Kenya Email: mmuthire@yahoo.com 2Lecturer, Department of Postgraduate in Education The Catholic University of Eastern African American P. O Box 62157-00200, Nairobi – Kenya Email: gmumbim@gmail.com ABSTRACT The constituency bursary fund (CBF) was established in 1993/4 financial…