In such conditions, it is not easy to develop an optimal financing system for this industry.
However, it is definitely necessary to support as economically as possible individuals who agree to pay the cost of training to ensure future career growth in prestigious or interesting for them specialties, business entities seeking to obtain highly qualified professionals, local governments, aimed at providing effective management at the local level through the involvement of qualified management specialists.
In order to help entrants pay for tuition, the Government adopted Resolution of the Cabinet of Ministers of Ukraine No. 916 of June 16, 2003 «Procedure for granting targeted preferential state loans for higher education». Each year a certain amount is allocated for such loans. This Resolution to some extent stimulates the filling of the special fund of the Budget. However, as is often the case, a great idea is discredited by the implementation mechanism. The monograph proposes measures to improve this mechanism.
Investing in higher education should be profitable for businesses of any form of ownership – this is the real experience of many developed countries. If the state is interested in co-financing higher education with business, then it is necessary to create objective motives for this. Such motives may be tax or organizational leverage.
The filling of the special fund significantly depends on the orders of business entities for educational services and for the implementation of research and development. However, in our state such activity is almost not supported economically. The monograph proposes changes to the current rules of the TCU in order to economically encourage these investments.
A weak link in the system of financing higher education is the formation of prices for educational services by each specific university. There is dumping, which leads to the discrediting of domestic higher education due to the extremely low quality of graduates. Because it is impossible to train a quality specialist without a sufficient level of funding.
At first glance, this problem is solved by the adoption of Resolution No. 191 of March 3, 2020. «Some issues of the introduction of indicative cost». However, the adopted Resolution does not eliminate the possibility of setting a dumping price, but only narrows the range of universities that have the opportunity to do so. The monograph offers a solution.
The inconsistency of laws and regulations leads to such paradoxes when the actual cost of the university for the service significantly exceeds the norm, which directly forces management to violate the law to provide quality service to the student. This situation has developed with the payment of a student for his/her bed in a dormitory. The monograph proposes a solution to this inconsistency of current regulations.
The approach to financing HEIs from the general fund of the Budget, introduced in 2020, is based on a mathematical model, the main parameters of which are given in the Cabinet of Min isters of December 24, 2019 No. 1146 «On the distribution of state budget expenditures between higher education institutions educational, scientific and international activities».