Key Takeaways
- • Makerere University requires students to present proof of payment of an annual Shs18,000 Endowment Fund fee in addition to tuition in order to register, according to a November 4, 2026 circular from Academic Registrar Prof Buyinza Mukadasi.
- • The requirement is not new: it follows a University Council resolution passed at its 167th meeting on June 5, 2025, and the circular serves as a reminder of an existing obligation.
- • The fee is charged once per academic year rather than each semester, and is intended to strengthen the university's long-term finances through the Endowment Fund.
- • Payment channels include the online student portal (Bills and Invoices, then Endowment Fees), USSD code 2122*1# with merchant code 985332, the NCBA NOW UG app via Muzuri Pay, NCBA agents, and Stanbic Bank branches.
- • Students who paid before the circular are subject to reconciliation against university records, with no completion date set for that process.
Summary
Makerere University has reminded students that paying tuition alone does not satisfy its registration requirements. Students must also present proof that they paid an annual Shs18,000 Endowment Fund fee, which is charged once per academic year rather than each semester. The reminder was issued in a November 4, 2026 circular signed by Academic Registrar Prof Buyinza Mukadasi, according to the report.
The circular stresses that the obligation is not new. It follows a University Council resolution passed at the council's 167th meeting on June 5, 2025. An endowment fund holds and invests contributions to support an institution over the long term, and the university says student contributions will help strengthen its finances and support development.
Students can pay through the university's online student portal by opening "Bills and Invoices" and selecting "Endowment Fees", which generates a Payment Reference Number (PRN) that identifies the payment. Alternatively, students may dial 2122*1#, enter merchant code 985332, and follow the prompts, or use the NCBA NOW UG app by selecting "Muzuri Pay" and searching for "Makerere University–MUK ACMIS". The university says these electronic channels match payments to student records immediately and display them on the portal.
Students who prefer to pay without generating a reference number may visit the NCBA agent at the Gift and Souvenir Shop in the Main Building or pay at any Stanbic Bank branch. The circular lists NCBA account 220868200029 at TWED Towers and Stanbic account 9030020625081 at the Makerere branch, both in the name "Makerere University Endowment Fund". Students using manual payment are urged to keep receipts or payment slips so staff can verify contributions.
Students who paid before the latest circular should note that the university is reconciling earlier payments against its records to confirm who paid and to record funds correctly. The Endowment Fund has said it will issue further guidance on verifying those payments, but the circular does not set a deadline. Students with questions may contact the Revenue Office in the Directorate of Finance at CTF 1, Makerere University.
The circular stresses that the obligation is not new. It follows a University Council resolution passed at the council's 167th meeting on June 5, 2025. An endowment fund holds and invests contributions to support an institution over the long term, and the university says student contributions will help strengthen its finances and support development.
Students can pay through the university's online student portal by opening "Bills and Invoices" and selecting "Endowment Fees", which generates a Payment Reference Number (PRN) that identifies the payment. Alternatively, students may dial 2122*1#, enter merchant code 985332, and follow the prompts, or use the NCBA NOW UG app by selecting "Muzuri Pay" and searching for "Makerere University–MUK ACMIS". The university says these electronic channels match payments to student records immediately and display them on the portal.
Students who prefer to pay without generating a reference number may visit the NCBA agent at the Gift and Souvenir Shop in the Main Building or pay at any Stanbic Bank branch. The circular lists NCBA account 220868200029 at TWED Towers and Stanbic account 9030020625081 at the Makerere branch, both in the name "Makerere University Endowment Fund". Students using manual payment are urged to keep receipts or payment slips so staff can verify contributions.
Students who paid before the latest circular should note that the university is reconciling earlier payments against its records to confirm who paid and to record funds correctly. The Endowment Fund has said it will issue further guidance on verifying those payments, but the circular does not set a deadline. Students with questions may contact the Revenue Office in the Directorate of Finance at CTF 1, Makerere University.
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