DEVELOPMENT AND FINANCING TRENDS OF HIGHER EDUCATION IN THE REPUBLIC OF MOLDOVA

Abstract

Insufficient financial resources, necessary to carry out the educational process with maximum efficiency, are among the numerous problems faced by higher education at the present stage. In this context, especially in the last decade, universities are concerned with identifying alternative sources of funding to those in budgetary funds, which have a temporary character and endanger the predictability and sustainability of training in the institution. The main aspects to be considered in the present article are: a) argumentation of the defining role of higher education institutions in the development of human intellectual potential and the creation of an intelligent society; b) analysis of the higher education evolution and identification of trends c) reflection of the financing mechanism of higher education in the Republic of Moldova. As a result of the study, some considerations are proposed regarding the improvement of the system of indicators for evaluating the performance of higher education institutions included in the new methodology of their financing.

Keywords

• higher education
• standard funding
• university performance
• compensatory funding
• complementary funding
• standard cost per student
• funding indicators