The decision “On the introduction of a new financing mechanism in higher education institutions” has been clarified.
In the explanation given to APA by the Nazi Cabinet, it was stated that the training of personnel in higher education institutions is carried out at the expense of the state budget and is calculated according to the amount of the annual cost of education approved for individual specialties on the basis of the principle of per capita financing at the expense of the state budget.
According to the Decision of the Cabinet of Ministers of the Republic of Azerbaijan dated June 25, 2010 No. 120 “On the implementation of a new financing mechanism in higher education institutions”, the amount of educational expenses is determined for each educational institution at the corresponding level. At educational levels of individual specialties by state order there was no increase during the year.
Taking this into account, the “New Law on Higher Education Institutions” which provides for an increase in the amount of educational expenses determined for each educational institution at the corresponding educational levels (bachelor’s, master’s, doctoral and medical education and residency levels) for training of personnel by state order for individual specialties Decision No. 405 of the Cabinet of Ministers of the Republic of Azerbaijan dated September 6, 2024 “On Amending Decision No. 120 of the Cabinet of Ministers of the Republic of Azerbaijan dated June 25, 2010” on the implementation of the financing mechanism.