Subsidies for Project 5-100 universities for 2016 approvedMay 24, 2016
Dmitry Medvedev (Chairman of the Russian Government) signed a Decree #960 “On the distribution of subsidies among leading Russian universities for the purpose of enhancing their competitive status among global research and education centers”. The document was reviewed and approved by the Government on 19 May. In 2016 the federal budget will allow for a subsidy of 10.927 bln rubles payable to the 21 universities participating in Project 5-100.
The decision of the Ministry of Education and Science to extend government aid to universities was taken on the basis of a recommendation of the Council on Competitiveness Enhancement of Leading Russian Universities among Global Research and Education Centers.
In 2016, the universities will be provided with the following amounts:
- 900 mln rubles (each) to Kazan Federal University, Moscow Institute of Physics and Technology, National Research University of Science and Technology MISiS, National Research University Higher School of Economics, National Research Nuclear University MEPhI, Novosibirsk State University, and ITMO University;
- 511 mln rubles (each) to Far-Eastern Federal University, Tomsk State University, Tomsk Polytechnic University, Sechenov First Moscow State Medical University, Korolev Samara National Research University, Peter the Great St. Petersburg Polytechnic University, and Yeltsin Ural Federal University;
- 150 mln rubles to each of the following universities: Immanuel Kant Baltic Federal University, Lobachevski University, Russian People's Friendship University, St. Petersburg State Electrotechnical University LETI, Siberian Federal University, Tyumen State University, and South-Ural State University.
To quote the official website of the Russian Government: “This decision will help to increase the number of Russia universities in leading positions in global university rankings, improve the quality of Russian education, and enhance its competitive opportunities in the global education market”.