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FinancingFH degree programmes are funded differently from higher-education institutions. Greater emphasis is placed on economic aspects by offering incentives to employees on the level where objective decisions are made in order to manage the scarce resources more efficiently. Based on the individual applicable FH development and financing plan, the government undertakes to fund an agreed number of student places.
This is the financing concept for the management of student places.
The key figure for financing FH degree programmes is the cost per student place. Part of a background report drawn up for the OECD was used to compute these costs. It was computed that the annual costs for one student place amount to about EUR 7,600 in a technical programme and to about EUR 6,400 in a business programme. To create incentives for mixed financing systems, the government funds only about 90 per cent of the annual standard costs for a student place (i.e. about EUR 6,900 for technical and about EUR 5,800 for business degree programmes).
Pursuant to a resolution of the Austrian National Council of 23 November 2000, the course-providing bodies are entitled to collect tuition fees in the amount of EUR 363.36 per semester (cf. section 2 sub-section 2 of the Fachhochschule Studies Act (Fachhochschul-Studiengesetz, FHStG as amended). |
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