Deputy Minister of Finance Roman Kachur attends discussion on reform of funding for higher education

3/15/16

On March 14, Deputy Minister of Finance Roman Kachur attended a meeting where the current model for the state funding of higher education, its prospects and defects were discussed. The meeting was also attended by first Deputy Minister of Education and Science Inna Sovsun, the representative of the Parliament’s Committee for Science and Education as well as by representatives of higher education institutions and the analytical center CEDOS.

Roman Kachur commented on the proposed funding mechanism for higher education elaborated by the Ministry of Education and Science and presented during the meeting. According to Mr. Kachur, UAH 17.5 bln were assigned for higher education in the state budget for 2016; further UAH 5 bln were allotted for science. "Inefficient distribution of state funds makes us discard the existing approach to the funding of public educational institutions. There is an acute need for more autonomy of universities and colleges – they must be free in managing their funds to be more competitive on the market», Deputy Minister of Finance commented.

At the same time, there is a gap between the labor market demand and dominating specializations of graduates. Sometimes, the quality of graduates is not in line with employers’ requirements. All this makes higher education in Ukraine less competitive. «Higher education must correspond to the needs of the society. It is a serious challenge, but these needs can be met thanks to joint funding with the participation of the private sector: these can be companies needing new products to be more competitive or highly qualified specialists who can be competitive in Ukraine as well as on the international market», Roman Kachur said.

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