Revenues of Universities and Colleges |
EUR mil. |
|---|---|
| Administrative Fees | 91,3 |
| Capital Revenues | 2,9 |
| Other Revenues | 16,3 |
| Transfers and Grants from the State Budget | 446,8 |
| Foreign Grants | n.a. |
| Total Revenues | 557,3 |
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.