ASPECTS REGARDING THE FINANCING
                           OF HIGHER EDUCATION

                                   Adrian Macriş, PhD Student
                                     University of Petroşani
                                   macris_adrian@yahoo.com

                              Maria Macriş, Lecturer PhD Student
                                    University of Petroşani
                                     andradamacris@yahoo.com


ABSTRACT: This paper sets forth the issue of financing higher education in Romania according to
the fundamental principles adopted by most of the countries of the European Union. Under such
circumstances, the two components of financing State universities are minutely exhibited, namely
basic financing and complementary financing. At the same time, the extremely important matter
requiring the foundation of an efficient and competitive educational system demanded by the new
environment also implies the providing of financing resources and the implementation of a
management that allows a good administration and an efficient use of the funds.

Keywords: basic financing, complementary financing, State higher education, university autonomy.

JEL Codes: I22