4.3 Financing of HEI from the general fund of the Budget of Ukraine

This index can vary from 1.0 to 2.0 and be determined according to the current or this index can vary from 1.0 to 2.0 and be determined according to the current or strategic needs of the state. In fact, together with the volume of state procurement, the state has the opportunity to give effect to its priorities in the training of specialists with higher education. It is a matter of principle that state support is not provided by HEIs, but purely by specialties, as there may be many other specialties in this HEI that do not require state support. The size of this index should be determined by a separate method.

As shown by formula (4.3), the estimated contingent, in contrast to the actual contingent of
applicants studying at the expense of the general fund budget, through the relevant indices takes into account the relative complexity and cost of training, depending on the characteristics of each specialty, higher education and its form. Thus, the more expensive and time-consuming is the training of the applicant in a particular specialty, the larger will be the estimated contingent.

We will introduce an        additional               indicator, which is not used in the Resolution of the Cabinet of Ministers of Ukraine No. 1146, but it allows to better illustrate the essence of the indicator of activity of a certain institution of higher education (Ai). This indicator does not change the model, it is defined as an algebraic transformation of formulas from the Resolution of the Cabinet of Ministers No. 1146.

It is calculated as the ratio of the estimated contingent of applicants for higher education who study on the terms of the state order, to the actual number of applicants for higher education on the terms of the state order in a particular institution of higher education (i). Let’s call it conditionally an indicator      of            profiling  of            the          i-th          HEI, although it characterizes not only the set of specialties of HEI, but also the structure of the contingent by levels of education and forms of education:

The substantive analysis shows that this indicator assesses the complexity (complexity) and relative cost of training applicants in the i-th HEI, given their specialty, level and form of higher education. The larger the value of the coefficient, the more funds will be allocated to it [18].

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