scholarly journals PROBLEMS AND PROSPECTS OF FINANCING HIGHER EDUCATION INSTITUTIONS OF UKRAINE

2015 ◽  
pp. 110-117 ◽  
Author(s):  
O. Krasilnyk ◽  
Keyword(s):  
Higher Education ◽  
Higher Education Institutions ◽  
Financing Higher Education

scholarly journals FEATURES OF RESULT BASED FINANCING HIGHER EDUCATION

THE BULLETIN ◽  
2021 ◽  
Vol 2 (390) ◽  
pp. 50-57
Author(s):  
Iryna Kalenyuk ◽  
Olena Grishnova ◽  
Liudmyla Tsymbal ◽  
Deniss Djakons
Keyword(s):  
Higher Education ◽  
Education System ◽  
Higher Education Institutions ◽  
Knowledge Society ◽  
Public Funding ◽  
Negative Consequences ◽  
Financial Flows ◽  
Higher Education System ◽  
The World ◽  
Financing Higher Education

The key role of the education system in the formation of a knowledge society is raising the issue of improving its financing. In the face of new challenges and aggravation of global competition, the mechanism for financing the higher education system is being transformed. The need to increase funding is manifested in expanding financial sources and improving the management of various financial flows. Increasing the effectiveness of public funding is becoming an important issue, which remains the main source of financial revenues for institutions of higher education in countries of the world. A promising practice in the world is the use of funding based on the results of activity, which is becoming more widespread in various areas of economic activity. The purpose of this article is to study the current world-wide practice of applying results-based financing of higher education and defining promising directions for its implementation in Ukraine. The essence and features of RBF - Result Based Financing (RBF) method, including in the system of higher education, are revealed. The existing approaches to financing higher education institutions in the world based on results are systematized, the main criteria for their definition are identified: on the basis of inputs, process, output, output. The world practice of using higher education institutions financing based on the results, positive and negative consequences of its implementation is highlighted and summarized. The necessity of using RBF funding in the system of native education is proved, the main directions and areas of its use are determined. The application of a two-tier model of financing higher education institutions in Ukraine is proposed, which combines the traditional cost-oriented approach and funding based on the results of the activity.

scholarly journals Methodological Approaches to Financing Higher Education Institutions in the Context of Digitalizing the Russian Higher Education

2021 ◽  
Vol 14 (33) ◽  
pp. e15928
Author(s):  
Vladimir Alexandrovich Slepov ◽  
Atyana Nikolaevna Rodenkova ◽  
Dmitry Alexandrovich Pokamestov ◽  
Elena Ivanovna Gromova
Keyword(s):  
Higher Education ◽  
Human Capital ◽  
Higher Education Institutions ◽  
Combine System ◽  
Project Financing ◽  
Russian Higher Education ◽  
Internal Parameters ◽  
Methodological Approaches ◽  
Financing Higher Education

Forecasting changes in the external and internal parameters of the socio-economic development of higher education (HE) as an integral system, as well as the risks of its digitalization that reduce the quality of human capital suggest the expansion of contemporary methodological instruments for financing higher education institutions (HEIs). In the article the principles of project financing that combine system and process approaches have been suggested, and the need to introduce the axiological approach into the methodological basis of project financing of HE as a specific way of organizing and performing financial activities, obtaining and using its results with regard to certain values, and neutralizing the risks of digitalizing education along with improving the quality of human capital has been substantiated.

Did Subsidy Depend on the Performance of Higher Education Institutions in Poland? Comparative study

2017 ◽  
Vol 46 (4) ◽  
pp. 133-148
Author(s):  
Sławomir Kalinowski
Keyword(s):  
Higher Education ◽  
Comparative Study ◽  
Higher Education Institutions ◽  
Life Sciences ◽  
Positive Outcome ◽  
The Past ◽  
Scientific Staff ◽  
Significant Change ◽  
Financing Higher Education

Since early 1990s the system of financing higher education institutions in Poland is based on the algorithm which binds the value of subsidy also with the performance. It is basically depended on the number and the structure of the students and scientific staff, but within the past years new factors have been introduced: grants acquisition and internationalization. The goal of the article is to verify to what extent the value of the subsidy depended on the performance of the universities. The test produced the positive outcome for the universities of life sciences and universities of economics, which were outstanding for the statistically significant change of the index.

scholarly journals ՀՀ ԲՈՒՀԵՐԻ ԱՆՁԵՌՆՄԽԵԼԻ ՖՈՆԴԵՐԻ ԳՈՐԾԱՌՄԱՆ ԱՌԱՎԵԼՈՒԹՅՈՒՆՆԵՐԸ ԲԱՐՁՐԱԳՈՒՅՆ ԿՐԹՈՒԹՅԱՆ ՖԻՆԱՆՍԱՎՈՐՄԱՆ ՀԱՄԱՏԵՔՍՏՈՒՄ / ADVANTAGES OF FUNCTIONING THE ENDOWMENT FUNDS OF HIGHER EDUCATION INSTITUTIONS IN THE CONTEXT OF RA HIGHER EDUCATION FINANCING

2021 ◽  
pp. 183-195
Author(s):  
ROBERT KHACHATRYAN
Keyword(s):  
Higher Education ◽  
Higher Education Institutions ◽  
Financial Resources ◽  
Financial Autonomy ◽  
Education Financing ◽  
Higher Education Financing ◽  
Current Article ◽  
The Republic ◽  
Financing Higher Education

The current article discusses the advantages of endowment funds of higher education institutions in the context of financing higher education in the Republic of Armenia (RA). The endowment funds can significantly support the RA HEIs to engage new financial resources, to expand the scopes of financial autonomy and further develop cooperation with their main stakeholders.

scholarly journals WAQF CREDIBILITY ON FINANCING HIGHER EDUCATION INSTITUTIONS

2020 ◽  
Vol 2 (4) ◽  
pp. 09-21
Author(s):  
Dr Hjh Mas Nooraini Hj Mohiddin
Keyword(s):  
Higher Education ◽  
Higher Education Institutions ◽  
Secondary Data ◽  
Education Institution ◽  
Education Students ◽  
Financial Problems ◽  
Education Development ◽  
Brunei Darussalam ◽  
The Government ◽  
Financing Higher Education

Students' application for higher education admission is significantly increasing from time to time. As a result, it effects the increasing financial cost to provide the facilities, human resources, and others. A student with high potential but cannot afford to cover the expenses, has no opportunity for his further studies due to their financial problem. Financing problems for higher education institutions is not a new problem, in fact, it becomes a big issue nowadays. Brunei Darussalam is fortunate since the government still provides free education for locals who fulfill the requirements. However, currently, there are complaints from the parents on educational financing. The same situation will happen in Brunei if we do not find a solution that can solve the problem. This research will identify to what extent waqf credibility can solve the financial problems for higher education students. The research methodology will be used as a descriptive qualitative by analyzing the content by reviewing informative secondary data such as journals, paper works, and relevant articles. In order to solve the financial problems in a higher education institution, waqf contribution is very significant and should be expanded for higher education development as an ummah development agent.

scholarly journals QUALITY OF HIGHER EDUCATION IN POLAND IN THE TRANSFORMATION OF EDUCATION POLICY

2020 ◽  
pp. 12-16
Author(s):  
O. Derkach
Keyword(s):  
Higher Education ◽  
Higher Education Institutions ◽  
Quality Of Education ◽  
Higher Education Management ◽  
Quality Of Higher Education ◽  
The Republic ◽  
Financing Higher Education ◽  
Polish Higher Education ◽  
The Impact

The systematic changes in higher education institutions in Poland over the past two decades are analyzed. The classical idea of spontaneous social development and the hypothesis of interaction between formal and informal institutions, developed on the basis of a new institutional educational policy, was adopted as a methodological basis for analyzing and evaluating the transformation of Polish higher education. Transformations in Polish higher education are part of a more general shift in the role of universities - changes that can limit the independence of research and make it an instrument of dominant social, political and economic forces. The article states that the process of improving the quality of education cannot be detached from the system of financing education. The quality of education depends on the funding system not only because it is a source of resources, but also because it creates incentives for both students and teachers. The problems in the field of financing higher education in Poland are special because the rapid quantitative development of higher education occurred during a period of deep political transformation in Poland. The activities of the State Accreditation Commission of Poland are analyzed, its main competences are highlighted. The Polish Accreditation Commission (Polska Komisja Akredytacyjna) is an independent collegiate body of higher education management aimed at improving the quality of education. It is formed by the Minister of Science and Higher Education from among the candidates proposed by the Council of the Conference of Rectors of Higher Education Institutions of Poland, the Conference of Rectors of Polish Professional Educational Institutions of Poland, the Parliament of Students of the Republic of Poland, the Senates of universities and national scientific societies and the organization of employers. The powers of the Commission include providing the Minister of Science and Higher Education with opinions, feedback and conclusions regarding the establishment of the HEI or its organizational unit, permits to study studies in a particular direction at one or another level of education; program and institutional assessment, including pedagogical education. The impact of financing higher education institutions to ensure the quality of higher education is partly considered in the article.

scholarly journals MODELS OF FINANCING OF HIGHER EDUCATION INSTITUTIONS IN FOREIGN COUNTRIES

2019 ◽  
Vol 4 (5) ◽  
pp. 145
Author(s):  
Lesia Leshanych ◽  
Iryna Miahkykh ◽  
Mariana Shkoda
Keyword(s):  
Higher Education ◽  
Comparative Analysis ◽  
Higher Education Institutions ◽  
Quality Criteria ◽  
The State ◽  
Educational Institutions ◽  
Foreign Experience ◽  
Advantages And Disadvantages ◽  
Foreign Countries ◽  
Financing Higher Education

The aim of the article is to study the problems of reforming the system of financing higher education in conditions of compliance with world quality standards of education. Besides, another aim of the article is also to substantiate of the perspectives of their use in Ukraine, on the basis of analysis of the main foreign models of higher education institutions financing. The subject of the study is the financing model of institutions of higher education in foreign countries. Methodology. The research is based on a comparative analysis of funding systems for higher education institutions in Ukraine and in foreign countries. The advantages and disadvantages of different systems of the financial provision of higher education are determined based on the analysis of the peculiarities of financing higher education institutions in Germany, USA, UK, Sweden, Norway, and Australia and in some other countries. On the basis of a comparative legal research of certain provisions of Ukrainian legislation, the possibilities and limits of the application of positive foreign experience in this field are defined. The results of the study showed that the financing of higher education at the expense of state funds should be directed only to the needs of the state. And the state, in its turn, should provide graduates with jobs that will help reduce unemployment among them. Currently, there is a partial improvement of diversification of funding sources in Ukraine. We mean that the provision of the status of a non-profit organization will give the first impetus to the formation of contract relations between higher education institutions and private organizations and will improve their financial position. The implementation of the foreign experience will make financing more transparent and will give an opportunity to distribute it according to the quality criteria of providing educational services. Practical impact. Experience of the developed economies and the analysis of the existing condition of financing of educational institutions of Ukraine allow defining the priority directions of improvement of a system of financing of the higher education. As the budget of Ukraine is not able to compensate all needs for financial resources of higher educational institutions, it is necessary to encourage private investments into education, training, and high technologies more actively. Besides, conducting researches, the international consultations, modelling and discussion of the schematic diagram and funding mechanism for the higher education in Ukraine is also expedient. Correlation/originality. Conducting a comparative analysis of financing models of higher education institutions in Ukraine and foreign countries is the basis for developing the most promising directions for the development of domestic legislation in this field.

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