Cost-Related Entrepreneurial Management Practices and Financing of Private Secondary Schools in Rubaga Division – Kampala (Uganda)

Abstract

Faced with an increasingly escalating problem of private school financing, the study examined the contribution of existing cost-related entrepreneurial management practices on the financing of private schools in Rubaga Division (Kampala). More specifically, the study considered the contribution of user charges and payment in-kind on school financing. It employed a cross-sectional survey design involving 150 teachers from 15 schools. Results revealed that there is a statistically significant but weak relationship between the two cost-related practices and financing of private schools. The study concluded that prevalent cost-related practices are neither adequate nor equally effective in ensuring a steady flow of financial resources for schools, hence need for both more enterprising alternatives and due diligence. Other recommendations for better financial resource mobilisation and management were made.