In the year 2009, for the first time since its establishment, UONAA made a significant donation of Ksh.5 million to the University of Nairobi Bursary Fund.
Going forward, UONAA committed to support the University Bursary Fund with yearly donations of Ksh.2 million.
To date, UONAA has donated a total of Ksh.21 million to the Fund in line with one of its main objectives: To assist the University to initiate, organize and sustain programmes such as Bursary Fund, Outstanding Achievement Award and Distinguished Service Award.
The University Bursary Fund is managed and administered by the office of Special Student Advisor. Names of students who are bright and from needy backgrounds are generated by the University Colleges and forwarded to the office of Special Student Advisor.
Each beneficiary of UONAA Award gets a Cash of Ksh.10.000.00.
It is worthwhile to note that the Fund has a total of 71 donors including UONAA and continues to attract new ones as the magnitude of funding increases.
The following is a summary of number of students who have in the past benefited from the UONAA Donations towards the Fund:
| College | Academic Year | No. of Students |
| CAVS | 2008/2009 | 12 |
| CAE | 2008/2009 | 26 |
| CBPS | 2008/2009 | 17 |
| CEES | 2008/2009 | 203 |
| CHS | 2008/2009 | 8 |
| CHSS | 2008/2009 | 235 |
| Subtotal | 501 | |
| CAVS | 2009/2010 | 77 |
| 2010/2011 | 111 | |
| CAE | 2009/2010 | 88 |
| 2010/2011 | 102 | |
| CBPS | 2009/2010 | 61 |
| 2010/2011 | 87 | |
| CEES | 2010/2011 | 38 |
| CHS | 2009/2010 | 66 |
| 2010/2011 | 37 | |
| Subtotal | 667 | |
| CAVS | 2011/2012 | 67 |
| CAE | 2011/2012 | 60 |
| CBPS | 2011/2012 | 97 |
| CEES | 2011/2012 | 59 |
| Subtotal | ||
| CHS | 2011/2012 | 41 |
| CHSS | 2011/2012 | 73 |
| Subtotal | 397 | |
| CAVS | 2012/2013 | 31 |
| CAE | 2012/2013 | 43 |
| CBPS | 2012/2013 | 86 |
| CEES | 2012/2013 | 70 |
| CHS | 2012/2013 | 15 |
| CHSS | 2012/2013 | 146 |
| Subtotal | 391 | |
| CAVS | 2013/2014 & 2014/2015 | 57 |
| CAE | 2013/2014 & 2014/2015 | 52 |
| CBPS | 2013/2014 & 2014/2015 | 81 |
| CEES | 2013/2014 & 2014/2015 | 69 |
| CHS | 2013/2014 & 2014/2015 | 35 |
| CHSS | 2013/2014 & 2014/2015 | 97 |
| Subtotal | 391 | |
| CAVS | 2015/2016 | 82 |
| CAE | 2015/2016 | 48 |
| CBPS | 2015/2016 | 85 |
| CEES | 2015/2016 | 57 |
| CHS | 2015/2016 | 14 |
| CHSS | 2015/2016 | 108 |
| Subtotal | 394 | |
| CAVS | 2016/2017 | 58 |
| CAE | 2016/2017 | 57 |
| CBPS | 2016/2017 | 91 |
| CEES | 2016/2017 | 51 |
| CHS | 2016/2017 | 23 |
| CHSS | 2016/2017 | 112 |
| Subtotal | 392 | |
| CAVS | 2017/2018 & 2018/2019 | 80 |
| CAE | 2017/2018 & 2018/2019 | 53 |
| CBPS | 2017/2018 & 2018/2019 | 95 |
| CEES | 2017/2018 & 2018/2019 | 20 |
| CHS | 2017/2018 & 2018/2019 | 12 |
| CHSS | 2017/2018 & 2018/2019 | 161 |
| Subtotal | 421 | |