By Sevak Hovhannisyan, Hovhannes Atabekyan | June, 2012
In order to address the issues in the system of higher education (HE) financing, the RA Government, approved the Higher Education Financing (HEF) Strategy on June 30, 2011. According to the strategy, certain reforms of the HE financial management system are planned including a transformation of the state-higher education institution relationship system. In addition, the current system of financial aid to students is to be improved through creating and introducing a straightforward mechanism for allocation of state funds. Under the strategy, one of the specific mechanisms of assistance to students is the professional scholarship program. The main goal of the latter is to secure adequate supply of higher education institution graduates matching the potential demand in the priority sectors of the economy. In the mentioned context, EV Consulting has conducted a study commissioned by the Center for Educational Programes of the RA Ministry of Education and Science, with the following objectives:
- Identification of priority sectors of the RA economy, based on sectorial priorities stated by the government in its legal documents,
- Estimation of potential demand for graduates of HE institutions in the priority sectors
- Study of the international practice of state support in the area of higher education.