Thursday, 22 October, 2015, 21:33 Economy
Foreign students earn budget $504 mn annually

Addressing the 3rd national ‘Business and Universities’ forum, deputy minister for education and science Oleh Derevyanko said Oct. 22 education of foreign students is a big cash earner for the budget. With the budget for education equaling UAH16 bn, foreign students pay for their education UAH11 bn ($500,000), the official said.

According to government statistics, in 2013-2014 there were 70,000 foreign students or 4.1% of the total number.

Education is a branch of the country’s economy with a good export potential and should be developed, he said.

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2018-12-14 09:15 :29