Funding for Higher Education: International and Russian Experience

Tatiana Nikolaevna Sedash and Ekaterina Anatolievna Kameneva
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Tatiana Nikolaevna Sedash: Financial University under the Government of the Russian Federation, Moscow, Russia
Ekaterina Anatolievna Kameneva: Financial University under the Government of the Russian Federation, Moscow, Russia

Russian Foreign Economic Journal, 2021, issue 5, 50-58

Abstract: The article analyzes the main sources of funding for higher education in Russia and abroad. The authors investigate the principal mechanisms of public funding allocation used in the world: funding formula, performance contracts and the negotiated financing mechanism. Particular attention is paid to the analysis of funding for Russian universities. As a result, the authors identify the key global trends in funding for higher education system and potential extra-budgetary sources of funding for universities in Russia, such as endowment funds.

Keywords: Funding for higher education; funding mechanisms; international funding experience (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2021_05_50-58

DOI: 10.24411/2072-8042-2021-5-50-58

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