Business news from Ukraine

Business news from Ukraine

Education Ministry has distributed more than 18bn hryvnias among 134 Ukrainian higher education institutions

3 May , 2024  

The Ministry of Education and Science of Ukraine has approved the distribution of 18.8 billion UAH of state budget expenditures among 134 state-owned higher education institutions, which fall under the management of the Ministry of Education.

According to the press service of the ministry, the amount of allocated state funds for each university is determined taking into account 5 main criteria that an educational institution must meet.

In particular, the main criterion of distribution is the contingent of applicants who study at the expense of the budget, as well as we are talking about such indicators as: scientific activity – the number of funds that the university has earned from the provision of scientific and technical, consulting services or received in the form of grants for scientific research; internationalization – place in international rankings or participation in European projects Erasmus+; employment – the percentage of employed graduates; regional coefficient – to support the educational institutions of the largest number of graduates in the country.

Thus, the most funds will go to: National Technical University Kyiv Polytechnic Institute named after Sikorsky (UAH 1,530.9 mln.), National University Lviv Polytechnic (UAH 980.1 mln.), National University of Bioresources and Nature Management (UAH 620 mln. ), Lviv Frank National University (UAH 568.4 million), National Aviation University (UAH 498.8 million), National Technical University “Kharkiv Polytechnic Institute” (UAH 496.6 million), Kharkiv National University named after Karazin (UAH 412 million).

“The MES is developing methodological recommendations on the use of the reserve, the amount of which amounts to UAH 504 million. It is envisaged that part of this reserve will be directed to solve problems related to the functioning of displaced educational institutions”, – stated in the message.

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