Education Law of the Republic of Azerbaijan


Article 39. Sources of financing for public and municipal educational institutions



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Article 39. Sources of financing for public and municipal educational institutions

 

39.0. The public and municipal educational institutions are financed from the following sources:

39.0.1. state and municipal budget funds;

39.0.2. income from tuition fees;

39.0.3. special grants, bequeathed funds, voluntary contribution and aid provided by individuals and legal entities, including foreign citizens and foreign legal entities;

39.0.4. competition-based scientific-research grants allocated by the state;

39.0.5. income generated by the educational institution for educational, scientific, production, consulting and other services defined by the legislation;

39.0.6. funds allocated by individuals and legal entities under contract for the development of specialists, in-service training and re-training;

39.0.7. funds earned through special-purpose programs and projects financed by state authorities;

39.0.8. The proceeds from sale of physically & morally outdated equipment, transportation vehicles and other assets that belong to the educational institution but are unfit for the purposes of education;

39.0.9. grants and resources obtained by the educational institution through international cooperation;

39.0.10. resources obtained from other sources not prohibited by legislation.

 


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