Revenues of Universities and Colleges
|EUR mil.||Per capita||Per working person||Annual change|
|Transfers and Grants from the State Budget||475,4||88||200||-42,6%|
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.