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

Author(s):  
ROBERT KHACHATRYAN

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.

2021 ◽  
pp. 172-181
Author(s):  
Mlađan Dimitrijević ◽  
Sara Mijailović

A higher education system, which is adequately managed, enables the availability, advancement and adequate application of knowledge and essential overall progress of the economy and society. Such public benefits are a relevant argument for the economy and society, and especially for the state, to support higher education financially and more broadly. The aim of the research is to point out the importance and necessity of the adequate budget financing of higher education in the Republic of Serbia, without neglecting other possible sources of financing in this area, while taking into account relevant modern challenges, the most significant advantages and dangers that the model of higher education financing in the Republic of Serbia should deal with. Modern and comprehensive approach to financing higher education in the Republic of Serbia is an important factor in the development of science, national economy and society as a whole, so the issue of financing this important area should get much more attention.


2020 ◽  
pp. 1-21
Author(s):  
Morongoe Nkisi

Abstract Higher education plays a central role in countries’ realization of their socio-economic development and in establishing a competitive, skilled workforce globally. The need for a skilled workforce, combined with scarcity in financial resources pertaining to higher education, has resulted in governments resolving to finance higher education. This article seeks to encourage adequate regulation to realize the sustainability of higher education financing in Lesotho, to achieve greater inclusiveness in institutions of higher learning. Through the National Manpower Power Development Council Act 8 of 1978, the Lesotho government established the National Manpower Development Council, which is aimed at facilitating the granting of loan bursaries from a fund administered by the National Manpower Development Secretariat. However, these efforts have faced challenges due to the increased cost of financing higher education. Poor management of the loan recovery function, increasing default by graduates on their repayment obligations and a lack of concerted efforts between the respective government departments threaten its sustainability.


2013 ◽  
Vol 10 (1) ◽  
pp. 26-30
Author(s):  
Monika Rebeková ◽  
Oľga Roháčiková

The objective of the research on the theoretical, methodological, and scientific level will be the analysis of higher education financing in Slovakia and comparison of various financing strategies for higher education in the studied countries. Authors of the research paper analyze the Slovak model of financing of higher education institutions and the latest innovations in this model. Financing of universities, along with the quality of education are very discussed and actual issues.


2019 ◽  
pp. 306-318
Author(s):  
Inna Vlasova

The analysis of legislative support of higher education of Latvia was carried out. It was defined, that institutions of higher education are autonomous institutions of education and science with the right to self-government. The autonomy of higher education institutions is characterised by the division of power and responsibility between the State authorities and the management of the institution of higher education, as well as between the management and the academic staff. The sources of funding of higher education institutions from state sources were found out. They include the financial resources of the state budget for education; income from tuition fees; targeted financial resources. The types of economic activity of higher education institutions were determined. The components of the system of state funding of higher education institutions were highlighted: formula funding (basic funding of studies), which is related to the number of study places; performance agreements for preparation of a certain number of specialists and for development of scientific activity; 3) formula funding (basic funding of science) for institutions of higher education, scientific institutions, and scientific institutes established by institutions of higher education; 4) funding to scientific activities through competitions. The allocation methods of state financial resources for higher education institutions were determined. The first one includes direct allocations from the state budget to higher education institutions. The second one involves indirect subsidies through state-guaranteed loans. The components of new three-pillar model of state higher education funding were presented. They are: basic (base) funding, performance funding, and innovation- and profile-oriented financing. The analysis of financial autonomy indicators of universities was carried out.


Author(s):  
O. Derkach

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.


2018 ◽  
Vol 14 (16) ◽  
pp. 263 ◽  
Author(s):  
Mohammed Danjuma ◽  
Sani Ahmed Yauta ◽  
Musa Jerry

Socio-political and economic issues relating to financing higher education is broadly deliberated and debated subject in many public mediums and academic gatherings in Nigeria, for over a decade to date. Altogether those deliberations and debates are grounded virtually on two basic principles of, financing adequacy and equitability. Inadequacy of education financing is blamed for the deterioration in the quality of education. Furthermore, inequitable resource allocation between federal and State universities in Nigeria forms part of the key issue in accomplishing efficiency of resource utilization which is missing in academic literatures addressing higher education financing in Nigeria. In the context of Nigeria, considering the practical experiences, especially in the operational mechanism of financing of Higher education, transparency and corruptions became a syndrome that ravishes the educational system. This study focuses on sources of higher education finance and the relative contribution of each source to educational development of the nation. At the same time, implications of the present financing mechanism on parity and efficiency of higher education if Outsourcing is introduced as an alternative source of funding in the subsector. This study examines the matters relating to Higher Education Financing at three levels; financial allocation, resources allocation and education output distribution. This study is exploratory cross sectional survey and collects both primary and secondary data from relevant literatures available. The study revealed that outsourcing is a means of Internally Generated Revenue (IGR) in higher institution and therefore serve as alternative means of financing higher education in broad and university education in particular. Therefore, this study recommends formal incorporation of outsourcing in financing of university education in Nigeria.


2021 ◽  
Vol 2 (23) ◽  
pp. 75-99
Author(s):  
Sani Ahmed Yauta ◽  

The paper reviewed some theories that explain higher education financing. Some aspect of these theories is compared in terms of the theoretical perspective on financing higher education. The historical viewpoint and the tenant of the theories give an insight and possible solution to higher education financing. The purpose of the paper is to illuminate an important policy issues on financing higher education the world over and to contribute to the general debate on the contribution of theories in explaining the main issue of financing higher education.


Author(s):  
Inga Laizāne

The Latvian language as a foreign language (LATS) is learned both in Latvia and abroad. It can be done in higher education institutions, as well as in different courses and self-directed learning. Outside Latvia, there are many countries and higher education institutions where it is possible to acquire LATS. In some higher education institutions, the Latvian language has been taught since the beginning of the 20th century. The oldest LATS teaching traditions are in North America, Germany, Sweden, Lithuania and Australia. In some universities, such as Stockholm University, Masaryk University, Saint Petersburg State University, etc., academically strong study programs in Baltic Studies were established. Over time, study programs have been closed for various reasons, at most leaving the Latvian language as an optional course. At some universities, the Latvian language course has been discontinued. Although in some higher education institutions outside Latvia LATS could be acquired starting from the beginning of the 20th century, the most significant interest in the Latvian language was after the restoration of independence of the Republic of Latvia. Then many higher education institutions in Europe established Latvian language and culture study programs. This interest was related to the geopolitical situation. People tried to get to know the post-Soviet countries through the language. When Latvia joined the European Union, interest in the Latvian language decreased in Europe. Nowadays, interest in the Latvian language has increased in Asia, especially in China. In Asia, it is possible to acquire the Latvian language in China and Japan. There are established different Latvian language bachelor programs in universities of China while in Japan the Latvian language is taught for somebody interested in Latvian culture and traditions more than in the Latvian language.


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