who are we
About HEF
The Honorable Council of Ministers Resolution No. ( 216 ) was issued on 09/08/1421 AH regarding the reorganization of student rewards in the higher education sectors, and the establishment of the Higher Education Fund was approved, to reflect the interest of the wise leadership in the higher education sector in achieving the goals, policies and programs of the higher education system in the Kingdom. Enabling universities to perform their role that is commensurate with development requirements through the Fund’s financing of university projects. The technical colleges affiliated with the General Corporation for Technical and Vocational Training, as well as the colleges and health institutes, joined the fund after the issuance of Cabinet approval No. (245) dated 10/29/1427 AH.
HEF began its work in the year in which the decision to establish it was issued, drawing general policy to achieve the goals for which it was established. The Fund also gave special importance to supporting and financing scientific and academic programs in universities. Establishing new colleges and expanding existing colleges that serve the labor market.
HEF has a legal personality and administrative and financial independence, and is managed by a Board of Directors headed by His Excellency the Minister of Education, with the membership of representatives of the Ministry of Finance, Economy and Planning, the General Corporation for Technical and Vocational Training, three members representing universities, and three members of businessmen with competence and experience.








Turki bin Suleiman Al-Zomaia


HEF Objectives
Compensation regulation
Finance
Absorbing contribution of the private sector in financing programs, centers and scholarships at the university.
Financial sustainability
Contribution to realizing university financial sustainability.
Development
Diversification
Enhancement of Resources

