A Study on Subsidizing Mode of Government Public Finance for Non-Profit Privately-Run Higher Education Institutions

Abstract

Non-profit privately-run higher education institutions, as an important carrier of higher education products and services, have direct bearing on the wisdom and superiority of the whole higher education system, and on the distance between supply and demand of higher education in society. The vigorous expansion of non-profit privately-run higher education institutions depends on the support of government public finance. Five support modes are available: First, rigid-flexible coordination support, namely the mode of “establishing certain regulations + creating right environment”; second, direct-indirect coordination support, namely the mode of “direct financial budget inside appropriation + order-based entrustment of training + education voucher + educational materials lease + preferential policies + non-monetary support”; third, competitive-noncompetitive coordination support, namely the mode of “project bidding + targeted funding”; fourth, incentive-subsidy coordination support, namely the mode of “incentive fund + financial aid”; fifth, general-special coordination support, namely the mode of “general policy-based financial support + special financial support”.