Under such criticisms and with increasingly constrained government funds available to higher education, a new funding scheme called the University Development Foundation Fund (UDFF) was introduced in 1995, although it remained optional until 1998. Under the UDFF, the national universities may receive around or less than 80 per cent of the recurrent income from the government, but they are allowed to keep the revenue and the funds they raise.
Nevertheless, they soon started to experience difficulties similar to those that private universities have encountered since their discretion over their ‘earned’ income is limited by the existence of heavy legislation and regulations. This seems no way for universities to enhance their autonomy merely through diversifying their funding bases. Notably, the MOE strongly advocates the proposal to grant national universities a legal entity as public corporation – which is assumed as a way to enhance their financial autonomy
Under such criticisms and with increasingly constrained government funds available to higher education, a new funding scheme called the University Development Foundation Fund (UDFF) was introduced in 1995, although it remained optional until 1998. Under the UDFF, the national universities may receive around or less than 80 per cent of the recurrent income from the government, but they are allowed to keep the revenue and the funds they raise.
Nevertheless, they soon started to experience difficulties similar to those that private universities have encountered since their discretion over their ‘earned’ income is limited by the existence of heavy legislation and regulations. This seems no way for universities to enhance their autonomy merely through diversifying their funding bases. Notably, the MOE strongly advocates the proposal to grant national universities a legal entity as public corporation – which is assumed as a way to enhance their financial autonomy
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