Another ten Hungarian universities to be run by foundations

The Innovation and Technology Ministry on Thursday said it submitted bills to parliament that would transform another ten universities from state-run institutions into ones operated by foundations.

The government has introduced the foundation model for universities with the aim of establishing a more flexible, more predictable operating environment, while boosting universities’ competitiveness.

The bills would add the Budapest Business School, the University of Debrecen, the University of Dunaújvaros, the Hungarian Dance Academy, the University of Nyíregyháza, Óbuda University, the University of Pécs, Semmelweis University, the University of Szeged and University of Physical Education to the list of existing foundation universities from the autumn.

The ministry noted that the transformations had been backed by the governing bodies of all of the universities.

The government will sign long-term strategic agreements with the universities’ foundations for periods of 15-25 years, while signing financing agreements for periods of 3-5 years, the ministry said.

It added that a performance-based financing system for higher education would be introduced from September 1.

If the legislation is passed, more than 180,000 students, almost 70 percent of university enrollment, will study at foundation universities from the autumn semester, the ministry said.

Read alsoChange of model: Universities of Pécs and Szeged to be run by foundations

Source: MTI