MODERN AND CLASSICAL APPROACHES TO FINANCING OF TARGET AGREEMENTS FOR TRAINING STUDENTS OF HIGHER ED-UCATIONAL INSTITUTIONS
Recently, there is a tendency to reduce the budgetary funding of individual areas of training and universities as a whole. Former school leavers are forced to enter either the budget places of any directions which they are enrolled according to the results of the Unified State Exam, or they are enrolled to those directions which are interesting for them with full reimbursement of expenses. And not all families can afford payment of four years of study. To solve the problem of fi-nancing the study of students with full cost recovery, the study considers these two classic forms of financing higher education institutions with full student cost recovery, as a target agreement and a grant, and also proposes an innovative form - crowdfunding. The advantages and disadvantages of all three forms are determined; the main indicators of their efficiency are calculated: net present val-ue, investment profitability index, internal rate of return. The most convenient form of financing was selected, taking into account its advantages, disadvantages, and performance indicators.
Keywords: higher education, full-time field students, target agreement, grant, crowdfunding, stock system, performance indicators, net present value, ROI, internal rate of return.
Highlights:
two existing forms of financing student education are reviewed and an in-novative form for students in the field with full cost recovery is presented;
the advantages and disadvantages of these three forms are systemized;
the most convenient form to finance student training with full cost recovery is revealed.
Elena V. Konstantinova, a post-graduate student of the State Budgetary Educa-tional Institution of Higher Education of the Moscow Region “University Dubna”.