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Revenues of Universities and Colleges

EUR mil. Per capita Per working person Annual change
Administrative Fees 101,4 19 44 11,6%
Capital Revenues 4,0 1 2 107,7%
Other Revenues 27,8 5 12 38,8%
Transfers and Grants from the State Budget 550,6 101 238 11,6%
Foreign Grants 12,9 2 6 15,9%
Total Revenues 696,7 128 301 12,8%

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.