METHODOLOGY OF FINANCING HIGHER EDUCATION IN THE REPUBLIC OF MOLDOVA

Tatiana Manole and Rina ÈšURCAN
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Tatiana Manole: Technical University of Moldova, FEEB, DEM
Rina ÈšURCAN: Technical University of Moldova, FEEB, DEM

Contemporary Economy Journal, 2021, vol. 6, issue 2, 122-132

Abstract: The authors of this article deals with the long process of searching for funding higher education reform in Moldova. From the 90s of the century XX , when the Republic of Moldavia became independent, and until 2019, higher education in the Republic of Moldova has been funded by the "egalitarianism" socialist, without taking into account the difference between the curricula of higher education institutions. In 2010 he published the monograph "Methods of financing public education that including it investigates the mechanism of financing of higher education, criticizing it and recommends the implementation of European practices and especially Romania, on the financing of higher education, taking into account the complexity of study programs. The central administration empowered with the function of managing higher education did not react to the researchers' recommendations.In 2019, the Ministry of Education, Culture and Research (MECR) began studying the New Methodology on financing higher education in Moldova based on the standard cost per student equivalent to the support of the World Bank and Romanian experts. This New Methodology for financing higher education was approved in 2020 and entered into force starting with the 2020-2021 years of study. The new funding mechanism takes into account the complexity of study programs, which correspond to a certain significant adjustment coefficient. We believe that the new methodology of higher education financing favors deepening performance and competency-based learning.

Keywords: standard cost per equivalent student; the complexity of the programs; coefficient of adjustment; standard financing; compensatory financing; complementary funding; university autonomy (search for similar items in EconPapers)
JEL-codes: G34 I22 I23 (search for similar items in EconPapers)
Date: 2021
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