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Revenues of Universities and Colleges

EUR mil. Per capita Per working person Annual change
Administrative Fees 122,2 23 52 -9,9%
Capital Revenues 2,0 0 1 -24,2%
Other Revenues 44,0 8 19 -2,4%
Transfers and Grants from the State Budget 601,3 111 258 1,4%
Foreign Grants n.a. n.a. n.a. n.a.
Total Revenues 746,1 138 320 -3,9%

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.