New financing formula for vocational colleges to take effect in 2027 – Koretsky
Prime Minister of Ukraine Serhiy Koretsky has announced that a new financing formula for professional colleges will be launched starting in 2027, ensuring that each institution receives baseline funding while a portion of its budget will depend on performance results.
Ukrainian Prime Minister Serhiy Koretsky announced a new financing formula for vocational colleges, set to begin in 2027. Under this formula, each college will receive baseline funding, with a portion of their budget contingent on performance results. The government adopted a package of decisions to implement changes in vocational education, with the key focus on training qualified specialists in demand by the labor market.
A new standard of vocational education was approved, requiring at least 40% of the educational program to be dedicated to practical training. Students can now acquire up to three professional qualifications, and professional colleges will gain greater autonomy in shaping their educational programs. The training will be integrated with the European credit system.
Performance indicators such as regional demand for specific professions, student enrollment, graduate employment rates, and additional fund attraction will influence the distribution of funds to colleges. Institutions performing well will receive more resources. Academic mobility will also be expanded, allowing students to study and intern directly with employers, providing practical experience and fostering cooperation between colleges and employers.
Minister of Education and Science Andriy Butenko detailed the new standard, which includes at least 40% practical training, the ability to earn up to three professional qualifications, an educational program ranging from 40 to 180 credits, greater autonomy in forming programs, integration into the European Credit Transfer and Accumulation System, and key competencies recommended by the European Union.
Colleges will update their educational programs and begin teaching according to the new standard in 2027. Funding for colleges will be distributed based on a new formula, with baseline funding for stable operation and up to one-third of the total volume depending on performance indicators such as the number of students, demand for professional qualifications in the regional labor market, graduate employment, and additional fund attraction.
Written by urgent.news from Interfax-Ukraine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
