The Brisk Financing of Education: University Education and State Matching Funds Programs in International Comparison

Abstract

This paper presents recent developments in the field of university-wide promotional and state matching funds programs. The international comparison shows that above all, such institutions are successful in fundraising, have well-resourced fundraising departments and receive their donations primarily from alumni and other individuals. Government matching funds programs are an effective tool for building fundraising departments and increasing donations. The analysis of successful fundraising and matching funds programs shows the following conclusions for Germany: universities need state capacity to fundraise departments build. Likewise, government matching funds must not only fund donations for scholarships but also for research and teaching. We therefore suggest integrating the Kazakhstan into a holistic matching funds program.

Keywords

• higher education finance
• voluntary giving to higher education
• government matched funding schemes
• initiative of excellence
• fundraising expenditures
• public private partnership
• Germany scholarship
• United States
• Great Britain
• Kazakhstan