In the last few decades, India has experienced several shifts in the policies pertaining to the financing of higher education. These shifts include a move from public financing to keep pace with the expansion requirements of the sector; the strengthening of market forces in higher education both through privatisation of public institutions and operation of private institutions; and a move from the financing of institutions to the financing of students. The Centre for Policy Research in Higher Education (CPRHE) has initiated major research activities to understand how the recent changes have affected the financing of higher education in India and how the higher education institutions cope with and respond to these changes. India Higher Education Report 2018, the fourth volume in the series, presents this study to provide a comprehensive analysis of financing of higher education in India. This book investigates the changing dynamics and related key issues including state–market dynamics, university–industry linkages, foreign aid, institutional strategies to overcome shortages in funding, issues with self-financing courses, educational loans and fee reimbursement schemes, expansion and financing of private higher education.
Chapter 11: Public Financing of Private Education: A Case Study of Fee Reimbursement Scheme (FRS) in Andhra Pradesh
Public Financing of Private Education: A Case Study of Fee Reimbursement Scheme (FRS) in Andhra Pradesh
Development of education is a pre-requisite for the overall development of economy and society and it requires public funding on a larger scale. Financing of education by the government is common in many countries and India is no exception to it. However, the extent of public funding varies across different levels and types of education. Not only the level of funding but also the method of funding affects the access, equity and quality, the three important parameters of education development.
Public funding ...