The role of productive university in supporting the budget and educational process development

Abstract

The study aims to clarify the role of other sources of funding in the educational institutions in 2021 by finding alternatives that contribute to meeting some of the expenses of educational institutions due to a decrease in the financial allocation by the state observed in the recent years with regard to the circumstances that Iraq is going through, namely low world oil prices and a lack of other revenues in universities. The research consists of five subjects: the University Office of the Higher Education Fund, the Institute of Management of Rusafa, Technical Institute of Kut, Technical Institute Baquba, Technical College Baghdad and is based on data of the 2019-2021 period. It has been proven that the increasing requirements regarding the development of the educational process in terms of technology, as well as the urgent need for laboratories and other educational institutions to enhance their budgets to meet those requirements, become a burden for those institutions. Hence, the productive university should help find ways to match actual revenues in order to eliminate the observed budget deficit.