Austria starts to allocate ‘record’ university funding

Performance-based funding for public universities to rise by about a tenth compared with current period

The Austrian education ministry has begun talks to dole out €12.3 billion in university funding for the next three years, which is 12.5 per cent more than in 2019-21. The ministry said the €1.3bn uplift would result in “record” funding.

On 24 September, the ministry said it had finished talks with the University of Vienna and the University of Veterinary Medicine, the first of 22 public institutions due for a share of the funding. It did not say how much money the universities were allocated.