Educational investment is an engine of economic development in Eritrea and thus financing education is like a blood to human body; while this is widely accepted, little empirical research has been conducted on the topic. This paper analyses patterns of educational finances in secondary education in Eritrea particularly in the zoba –Maekel. It presents data on selected secondary schools in zoba and other related data tables with the results observed. It also provides the pattern of financing both from public and other related non-governmental organistions. The paper consists of four parts; the first part deals with the introduction, second part explains the cost and financing of education and training in Eritrea, third section provides education expenditure norms and procedures and the final section summarizes the results and concludes.