Financing the Students' Future (FINST)

This ESU project on Financing the Students' Future (FINST) aims to increase the knowledge of the effects of financing systems in Europe on students and works on the capacity building of the NUSes.
Student exchanges FINST project successfully completed

TALLINN - The last out of three FinSt student exchanges, took place in read more

 
Research articles on the financing of higher education in Europe

BRUSSELS - The ESU project on Financing the Students' Future (FINST) a read more

 
ESU opens the call for the FINST student exchange in Estonia

BRUSSELS - The European Students' Union (ESU) opens the call for the F read more

 
“Economic crisis used as an excuse to reduce financing of higher education”

LIVERPOOL - Students all over Europe are getting ready to fight back a read more

 
ESU urges EU ministers to free up money for education

BRUSSELS – Strong commitments to increase public funding of higher edu read more

 
 

More money for education

"More money for education". This is the slogan of the ESU Plan of Work 2011. One of the main objectives for ESU in 2011 and 2012 will be the focus on defending education as a public good and a public responsibility. ESU will gather data on the different funding systems and will try to change the European agenda to its demands. This research will take place under the new ESU project called "Financing the Students' Future" (FINST).

 

To access the FINST part of the ESU Backoffice, click here: http://backoffice.esu-online.org/projects/FinSt/default.aspx (login required, only accessible for ESU members)

The FINST project is co-financed with help from the European Commission's Lifelong Learning Programme.

Solution to economic crisis

Both the EU2020 draft strategy and the Leuven/Louvain la Neuve Bologna Process Ministerial conference confirmed the public responsibility and the need for investment in the higher education (HE) sector as a solution to the economic crisis. Students, as main beneficiaries, should be active participants in the funding reform debates and to be aware to understand and input into different types of funding mechanisms, be it of public or private nature, so as to support the modernization agenda of higher education and to be involved in the search for institutional diversified funding.

Increasing knowledge

The FINST project aims at increasing the knowledge of the effects of financing systems in Europe over students and to work on the capacity building of the national unions of students with regard to their active involvement in higher education funding reforms.

Comparative map

The Research Compendium (RC), the Financing Toolkit, the interactive wiki-style website,the European Training and the Student Representatives’ Exchanges will aim at increasing the capacity of 11 million students represented by 45 ESU members in active participation for HE funding reform. Also, the peer-reviewed RC will provide a comparative map of the current 45 national funding systems in Europe, their typology and effect on institutional capacity to cater to socio-economical challenges and it will address policy makers, HE stakeholders and students alike.

Project results

The results of the project will be also disseminated through the website and a final conference, aimed at validating the projects results with the relevant stakeholders at the European level. The innovative elements are:1. the facilitation of the student representative exchanges, with a job shadowing orientation, from 18 European countries, focused on gathering a first-hand experience on financing and student involvement in financing debates in Austria, Estonia and the United Kingdom and 2 .the innovative RC overview of the European funding systems from the perspective of their effects on students.

Project partners

The FINST project is carried out by ESU together with four partners.

1. HIS - Hochschul-Informations-System GmbH (Germany). HIS employs about 300 people and is a service for higher education. HIS has been involved in several international research projects and has been international coordinator of EUROSTUDENT since its inception in 1996. For more information about HIS, have a look at their website: www.his.de.

 

2. EUL - Eesti Uliopilaskondade Liit MTU (Estonia). EUL is a federation of Estonian Student Unions and represents students' interest on national and international level. EUL is a member union of ESIB (ESU). More information about EUL can be found on www.eyl.ee.

3. OH - Osterreichische Hochschulerinnenschaft (Austria). The Austrian National Union of Students (OH) is the only recognised representation of all students at Austrian universitis and Padagogische Akademien (Teacher Training Academies). OH is also a member unionof ESIB (ESU). Check out the OH website for more information: www.oeh.ac.at

4. NUS-UK - National Union of Students NUS UK (Unitied Kingdom). NUS UK is a voluntary membership organisation of 600 students' unions, amounting to more than 95 per cetnt of all higher and further education unions in the UK. NUS UK is also a member union of ESIB (ESU). More information about NUS UK can be found on www.nus.org.uk

 

FINST project in the media

Here you can find links to a few articles about the FINST project in the European press:

- "Students of European Students' Union int'l conference gather in Estonia" http://news.err.ee/education/d0f92993-918f-453b-8d13-c04e7be0a571

- "European governments urged to increase higher education funding" http://news.xinhuanet.com/english2010/culture/2011-05/03/c_13856112.htm

-  "Students of European Students' Union int'l conference gather in Estonia" http://news.xinhuanet.com/english2010/culture/2011-05/03/c_13856112.htm

.. and in the Chinese Press:

http://english.peopledaily.com.cn/90001/90777/90853/7367183.html

http://world.globaltimes.cn/europe/2011-05/650881.html

http://english.cntv.cn/20110503/108853.shtml

http://english.sina.com/life/p/2011/0502/371391.html

http://english.zjcnt.com/culturenews/2011/05/04/6776.htm

http://www.thainewsagency.com/english/world/16/07/2011/11155/

http://www.humanrights-china.org/en/Messages/World/t20110503_739159.htm

http://www.dawanews.com/chinabiz_view.asp?id=13150

 

 

And here are ESU's press releases and articles on this project:

- "ESU mulls over financial future of students" http://www.esu-online.org/news/article/6001/288/

- "Financial future of European students in limelight" http://www.esu-online.org/news/article/6001/467/

- "European students urge for better financing systems" asset/Organisation/6174/0505PRBM60andSeminarTallinn.doc

- "FINST project makes steady progress" http://www.esu-online.org/news/article/6001/521/

- Exchange opportunity: 10 days in London on financing of Higher Education http://www.esu-online.org/news/article/6001/501/

- Call for participants for student exchange program in Austria http://www.esu-online.org/news/article/6001/533/

 

Past events

2 - 4 May 2011 - Launch conference/ seminar on “Financing the students’ Future" - Tallinn, Estonia

24- 27 November 2011 - FINST Consultations Seminar, Liverpool, UK

Popular Tags

News

Research articles on the financing of higher education in Europe

Mon 23 Jan 2012

BRUSSELS - The ESU project on Financing the Students' Future (FINST) aims to increase the knowledge of the effects of fi (read more)

 
ESU opens the call for the FINST student exchange in Estonia

Mon 16 Jan 2012

BRUSSELS - The European Students' Union (ESU) opens the call for the FINST student exchange in cooperation with the Fede (read more)

 
“Economic crisis used as an excuse to reduce financing of higher education”

Tue 29 Nov 2011

LIVERPOOL - Students all over Europe are getting ready to fight back against higher education budget cuts. From 24 to 27 (read more)

 
ESU urges EU ministers to free up money for education

Mon 28 Nov 2011

BRUSSELS – Strong commitments to increase public funding of higher education. This is what the European Students’ Union  (read more)

 
 

Publications

There are currently no publications for this project
 

Resources

Presentations from the FINST Consultations Seminar

All the presentations that were made at the Seminar of FINST from 24-27 November, can be found here.

 
Hypothesis 1 : Costs Sharing ; educational costs

Hypothesis 1: Most of the countries observed are using cost sharing to cover increasing higher educational costs. For the purposes of this analysis, cost sharing is understood as the combined contribution from public and private sources in the financing of higher education. Higher educational costs will be referred to simply as costs throughout the analysis, unless specified otherwise.

 
Hypothesis 2: Higher Tuition Fees/Higher Students Support

The FINST project’s research activities have four main research themes: national higher education funding systems, public funding of students, student income & expenditure and income & outputs. This analysis paper is part of the second theme “Public funding of students”, which aims to describe different aspects of public support (grants and loans) to students, but also students’ private contributions to higher education institutions (tuition and other fees) in different countries. Fees are consi

 
Hypothesis 3: Student support vs. Tuition and other individual fees.

This paper mainly deals with the third theme. Its aim is to find out whether there is a correlation between student support and student´s private contribution to HEI´s.
The Hypotheses we were planning to test is as follows:
“In most of the countries observed the public support to students per month is higher than student´s private contribution to HEI´s per month.”

 
Hypothesis4: Public investment Participation

In order to test the hypothesis “In most of the countries observed, levels of public investment correlate between levels of participation”, the annual public expenditure of each country was plotted against a number of indicators for participation. These include the percentage of the total population who are students, the percentage of the student population who are 25 years old or more and the percentage of the student population who are studying part time. Data on annual public expenditure was

 
FINST mapping data

The first raw mapping data from the FINST project is available. Please click on the file to access the sheet. You can use it for analysis. If you use it and come up with interesting results, please contact the FINST research team about it (rtfinst@esu-online.org).

 
FINST mapping data

The first raw mapping data from the FINST project is available. Please click on the file to access the sheet. You can use it for analysis. If you use it and come up with interesting results, please contact the FINST research team about it (rtfinst@esu-online.org).