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Higher Education in Developing Countries: Financial Aspects in Uzbekistan

Akhmadbek YusupovHead of High Commission under Cabinet of Ministers, UzbekistanNodir Hosiyatovich JumaevBanking and Finance Academy of the Republic of UzbekistanDilshodjon Alidjonovich RakhmonovBanking and Finance academy of the Republic of Uzbekistan
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Abstract

We conducted this study to assess the impact of non-public payments on the system of higher education. In Uzbekistan, funding for the higher education system is widely used in the form of budgetary funds, student's (parents') own funds and educational loans. In January-February 2017, the survey was conducted in four higher educational institutions of Uzbekistan. They are: Tashkent Institute of Textile and Light Industry, Tashkent Railway Institute, Tashkent Institute of Finance and Tashkent State University of Economics. A total of 288 students participated. We have identified correlation interactions using the Pearson Chi-Square test. Conclusions on the interdependence or mutual independence of the answers to these questions were formulated.

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