The Higher Education Fund directs its duties under the supervision and management of the Board of Directors of the Higher Education Fund. The Board has the full powers to manage the fund, develop the general policy that it follows, approve the financial and administrative systems and regulations, approve investment plans, approve projects financing and approve the annual budget, all under direct supervision by the Board of Directors headed by His Excellency Minister of Education Yousef Abdullah AlBenyan.

His Excellency Yousef Abdullah AlBenyan
Minister of Education – Chairman
His Excellency Dr. Badran Al-Omar
King Saud University President
His Excellency Dr. Mohammad Al-Shihri
Northern Boarder University President
His Excellency Dr. Falleh Al-Solamy
King Khalid University President
Dr. Hosam Rowaihy
Consultant at the Ministry of Economy and Planning
Mr Haitham Al-traif
Deputy Minister in Ministry of Finance for the general budget
Eng. Saleh Al-hoshani
Deputy Governor of the Technical and Vocational Training Corporation for Support Services
Mr. Mohammad Abdullah Abunayyan
Chairman of ACWA Power International
Mr. Abdulmohsen Abdulaziz Al-Fares
CEO,Alinma Bank
Mr. Sulaiman Al-hatlan
Managing Director at Maharah Human Resources Company