Public universities are mandated to advance learning, promotion of research, dissemination of knowledge, and other provisions that serve towards community engagement. Fulfilment of this mandate is reliant on an institution's effectiveness, which is largely dependent on the adequacy of funding. However, the Government of Uganda is continuously reducing funding towards universities. The article studies strategies employed in resource mobilisation in public universities in Uganda, examines the challenges faced in resource mobilisation, and ultimately suggests possible strategies to improve on financial and other resources in the public universities in the country. It has been found that public universities still rely on funding with more than 50% of their budgets being covered by the government despite the phenomenon that private students constitute more than 80% of the universities' population. Apart from private students'