Education Financial Management during Covid-19 Pandemic of Islamic Universities in South Kalimantan

Riinawati Riinawati

doi:10.21093/di.v21i2.3607

Abstract

The purpose of this study was to determine the management of education financing in Islamic Universities in South Kalimantan. This research is in the form of descriptive qualitative with a library research data collection approach. The focus of this research will be to observe how the management of education financing in Islamic Universities throughout South Kalimantan, which consists of 13 educational institutions, both public and private categories. The results of this research show that the Covid-19 pandemic cannot be denied, causing the dropout rate to soar, due to the inability of students to pay their tuition fees. However, several campuses in South Kalimantan provide a policy of cutting payments and delaying payments so that students can continue to carry out the education process well. The financial management of Islamic higher education institutions in South Kalimantan during the Covid-19 pandemic has been carried out as effectively as possible. This is to maintain accountability and transparency to get good grades before getting cross-subsidy funds from the Government. The conclusions of this study are: the impact of Covid-19 has a very significant effect on education financing at Private Islamic Colleges in South Kalimantan but not at State Islamic campuses and the management of education financing amid the Covid-19 pandemic should be carried out very strictly.

Highlights

As mandated in the Republic of Indonesia Law No 20 of 2003, education is a series of conscious efforts that have been conceptualized to carry out learning and teaching activities or learning processes that support and encourage students to actively develop their potential in the fields of religious spirituality, noble character, controlling noble self and personality as well as in the intellectual field including intelligence of reason, breadth of knowledge and skills and skills that are reliable in various fields so that they can be useful both for themselves, their families, communities and the nation and state
The vision of national education is to realize the education system as a strong and authoritative social institution to empower all citizens of developing countries to become quality human beings so that they can proactively respond to the challenges of an ever-changing era
The government budget in the field of education as mandated by the 1945 Constitution of the Republic of Indonesia Article 31 is 20% of the APBN and APBD during the current fiscal year

Summary

Introduction

Considering that Islamic higher education in Kalimantan is mostly in the form of the private sector, education financing relies on the management of payment funds from students and investors.

Objectives

Results

Conclusion