Education
Budget Support Starts for University Students Unable to Cover Costs
The Reporter (Amharic) · 4 hours ago · Read the Full Story on The Reporter (Amharic)
AI SUMMARY
The Government Block Grant Execution Regulation No. 594/2018 has commenced to provide budget support for autonomous university students unable to cover their educational costs, alongside funding for research, healthcare, and institutional capacity.
- Government Block Grant Execution Regulation No. 594/2018 has officially started implementing.
- The regulation mandates budget support for autonomous university students who meet admission criteria but cannot cover educational costs.
- Allocations also cover free medical services at university hospitals, research and community engagement, and institutional capacity building.
- Block grants are distributed based on scientific criteria including expenditure needs, service standards, and internal revenue generation capacity.
- The allocation formula accounts for regular student numbers, research publications, research impact, generated income, patent rights, and technology transfer.
- Hospital budget allocations depend on patient numbers, bed counts, care complexity, and medical supply costs.
- Autonomous universities must submit annual budget requests to the Ministry of Finance by the end of February.
- The Ministry of Finance prepares the block grant amount, submits it to the House of Peoples' Representatives for approval, and disburses funds directly to universities.
- Universities must undergo regular audits and maintain block grant accounting records for at least ten years after the fiscal year ends.
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