FINANCIAL RESOURCES OF REGIONAL STATE HIGHER EDUCATION INSTITUTIONS AND THE STATE OF THEIR UTILIZATION
DOI:
https://doi.org/10.5281/zenodo.21279170Keywords:
regional higher education institutions, financial resources, budget financing, regional development, financial independence, extrabudgetary revenues, tuition and grant financing system, financial management, digital economy, regional education policy.Abstract
This article analyzes the formation, allocation, and effective use of financial resources in regional
state higher education institutions. The aim of the study is to identify the distinctive features of the financial support
system of regional higher education institutions located far from the capital, compare their level of financial
independence with that of higher education institutions in the capital, and develop practical recommendations.
The research methodology employs comparative analysis, a systems approach, and statistical data analysis.
The findings show that regional higher education institutions rely heavily on state grant-based financing, with
the main areas requiring further improvement including the diversification of contract-based and extrabudgetary
revenues, the development of material and technical resources, and the strengthening of financial management
capacity. In conclusion, recommendations are formulated for strengthening the integration of regional higher
education institutions with local production structures, introducing regional grant programs, and digitalizing the
financial management system.
References
Barr, N. Higher Education Funding // Oxford Review of Economic Policy. – 2004. – Vol. 20, No. 2. – P.
–283. DOI: 10.1093/oxrep/grh015.
Salmi, J., Hauptman, A. M. Innovations in Tertiary Education Financing: A Comparative Evaluation of
Allocation Mechanisms. Education Working Paper Series, No. 4. – Washington, DC: World Bank, 2006. –
p.
Ziderman, A. Policy Options for Student Loan Schemes: Lessons from Five Asian Case Studies. – Paris
and Bangkok: UNESCO International Institute for Educational Planning and UNESCO Bangkok, 2004.
Abankina, I. V., Abankina, T. V., Filatova, L. M. The Pitfalls of Differentiation in the Financing of
Russian Universities // Russian Education and Society. – 2018. – Vol. 60, No. 2. – P. 101–132. DOI:
1080/10609393.2018.1451186.
Klyachko, T. L., Mau, V. A. Budushchee universitetov [The Future of Universities]. – Moscow: Delo
Publishing House, RANEPA, 2015. – 64 p.
Ambasz, D., Nikolaev, D., Malinovskiy, S., Olszak-Olszewski, A., Zavalina, P., Botero Álvarez, J. Towards
Higher Education Excellence in Central Asia: A Roadmap for Improving the Quality of Education and
Research through Regional Integration. – Washington, DC: World Bank Group, 2023.
Resolution of the President of the Republic of Uzbekistan No. PQ-61 dated December 24, 2021, “On
Measures to Grant Financial Independence to State Higher Education Institutions.”
Etzkowitz, H., Leydesdorff, L. The Dynamics of Innovation: From National Systems and “Mode 2” to a
Triple Helix of University–Industry–Government Relations // Research Policy. – 2000. – Vol. 29, No. 2. – P.
–123. DOI: 10.1016/S0048-7333(99)00055-4.
World Bank. Uzbekistan: Modernizing Tertiary Education. Report No. 88606-UZ. – Washington, DC: World
Bank, 2014.
Li, W., Liu, Q. Chinese Higher Education Finance: Changes over Time and Perspectives to the
Future // Procedia – Social and Behavioral Sciences. – 2013. – Vol. 77. – P. 388–411. DOI: 10.1016/j.
sbspro.2013.03.095.
OECD, European Union. Supporting Entrepreneurship and Innovation in Higher Education in Poland. –
Paris and Brussels: OECD Publishing and European Union, 2017. DOI: 10.1787/9789264270923-en.
Government of the Russian Federation. Resolution No. 729 dated May 13, 2021, “On Measures for the
Implementation of the Strategic Academic Leadership Programme ‘Priority 2030’.”
Downloads
Published
Issue
Section
License
Copyright (c) 2026 ECONOSCITECH INTEGRATION
This work is licensed under a Creative Commons Attribution 4.0 International License.
