A CONCEPTUAL MODEL TO IMPROVE FINANCING CAPACITY OF UNIVERSITIES - THE CASE OF ROMANIA

Dana ATANASESCU, Gabriela PROSTEAN, Andra DIACONESCU

Abstract


The financing of higher education in Romania is correlated with specific quality standards through some indicators which are based on a standard financing scheme. The institutional financing includes fundamental financing (FF), additional financing (AF) and accumulation (A) for institutional development. Each type of financing is based on its own calculation algorithm. This paper achieves a critical analysis of quality indicators integrated in the calculus algorithm of AF, standardized for higher education in Romania, to conclude by proposing a conceptual model of improving them so that universities are able to increase the funds attracted from the state budget by AF as much as possible.

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References


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