Malaysian Government launches new funding formula - Grok Global

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Malaysian Government launches new funding formula

Southeast Asia Education News    

Historically, 100% of universityof funding for Malaysian public universities has come from the government, butstarting in 2016, 5% of total funding will be reserved and redistributed based on performance ratings, as the Malaysian Ministry for Higher Education aims to boost the country’s ranking and improve institutional efficiency.
The government hopes that the new funding scheme will lead to growth in student numbers, especially at the graduate level, and that universities will work to improve test scores.The change in funding is part of the Malaysian government’s long-term plan to make the country’s universities more autonomous and more competitive on a global scale.
Source: Masterstudies