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

In addition to the estimated contingent of applicants for higher education who study on the terms of the state order, when determining the size of the performance of a particular institution of higher education (Ai) as parameters used indicators of level: scale Si, research Sci, international recognition IRi, regional support, employment of graduates LEGi:

where ECi – the estimated contingent of applicants for higher education who study on the terms of the state order; Si – an indicator of the scale of activity; RSi – indicator of regional support; Sci – indicator of scientific activity; IRi – indicator of international recognition; LEGi – employment rate of graduates.

Taking into account the profiling indicator, the formula for calculating the size of the indicator of activity of a certain institution of higher education (Ai) has the following form:

Thus, in kind, the performance of a particular institution of higher education, in fact, in the current model, is adjusted for various indicators of the actual number of applicants for higher education ANsfli who study under the state order in the i-th HEI and have units – the number of persons. Therefore, in fact, to move to valuation, it is necessary to to calculate the amount [18] for all HEIs and find the share of each HEI in the total [18], so that accordingly to this share to determine the share in the cost calculation [18].

The profiling indicator is the most important compared to others [18], so it determines the weight of the performance of a particular HEI. This is a strong argument for meticulous substantive and economic justification of the size of both indices of specialties and indices of education levels and forms of education.

Thus, the profiling  indicator has the greatest influence in the current model. Its variability is 1.32 units (2.16–0.84). In fact, this is correct, but in the open access it was not possible to find a justification for the size of indices of levels and forms of higher education, indices of specialties. Their calculation requires large-scale work (it is necessary to calculate the relative complexity and/or cost of training one specialist in different specialties, levels and forms of higher education). Without such justification, the proposed model is subjective and needs to be adjusted. (Next, a method of economically sound determination of all indices will be proposed).

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