Luxembourg increases higher education funding by 25 per cent

More than half of new budget will go to the University of Luxembourg

Published on
Ò»ÔÂ 17, 2018
Last updated
Ò»ÔÂ 17, 2018
Source: istock

Luxembourg will invest €1.44 billion (?1.28 billion) in higher education and research over the next four years, a 25 per cent increase on its previous budget. ?

Marc Hansen, minister for higher education and research, said that more than half of this funding (€766.8 million) will go to the country¡¯s only university, the University of Luxembourg.

A further €383 million is earmarked for three public research centres: the Luxembourg Institute of Science and Technology, the Luxembourg Institute of Health and the Luxembourg Institute of Socio-Economic Research, while €265.4 million will be attributed to the National Research Fund.

Legislation in Luxembourg requires the state to set out the funding it provides to higher education institutions for four years at a time. The new funding covers the years 2018-21.

In return for this, the institutions are required to meet a number of targets relating to teaching and learning; scientific excellence; the impact of their research through patents and spin-offs; and collaboration between institutions, as demonstrated by joint doctorates and publications.

matthew.reisz@timeshighereducation.com

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