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Mzuzu University Trust Fund
The principle behind the planning and design of Mzuzu University was that it should strive to be financially self-sustaining. One of the strategies in the implementation of this principle was the establishment of the Mzuzu University Trust Fund. The Trust was endorsed by the Government of Malawi through a Trust Deed of May 5, 1998. The trust is thus the tool and legal mechanism through which Mzuzu University can enter into business and commercial dealings and transactions with both the public and private sectors.
The raison d’etre of the Mzuzu University Trust is to mobilize resources and generate additional revenues that would enable Mzuzu University operate reasonably smoothly even when public funding is inadequate. This effort is also to complement the institution’s own initiatives in sourcing additional funding, equipment and other teaching and learning materials.
More recently, the University has responded to many other needs of national interest where capacity has been inadequate. From the humble beginnings of one Faculty and an initial intake of one hundred students, Mzuzu University now boasts of five Faculties with a full-time student population of 1,500. The five Faculties are: the Faculty of Education; the Faculty of Environmental Sciences; the Faculty of information Science and Communications; the Faculty of Health Sciences; and the Faculty of Tourism and Hospitality Management. In addition Mzuzu University now has five centres namely, the Centre for Open and Distance Learning; the Centre for Security Studies; the Centre for Environmental Education, Training and Research; and the Test and Training Centre for Renewable Energy Technologies.
Mzuzu University is also a member of a number of regional academic fora and is also a member of the prestigious Association of Commonwealth Universities (ACU).