The Price of the State

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Revenues of Universities and Colleges

EUR mil. Per capita Per working person Annual change
Administrative Fees 90,9 17 38 18,8%
Capital Revenues 1,9 0 1 -73,0%
Other Revenues 20,0 4 8 18,9%
Transfers and Grants from the State Budget 493,5 91 209 5,8%
Foreign Grants 11,1 2 5 1,6%
Total Revenues 617,4 114 261 6,8%

Table description

Public universities are non-profit public institutions. Their main source of income are subsidies from the state budget provided by the Ministry of Education based on a contract between the Ministry and the public university. A substantial part of the income is the revenue from the administrative fees and sales of services. Half of the costs of the university education serves to reward its employees.