Government grants NT$19.13 billion in university subsidies

Taiwan’s government has unveiled a NT$19.13 billion (US$651 million) subsidy package for universities this year, in response to growing concerns about the impact of population ageing on the education sector, writes Rachel Lin, Yang Mien-chieh and Jonathan Chin for the Taipei Times.

This year’s allocation is an increase of NT$568 million compared with the higher education subsidies last year. Part of the subsidies comes from the Ministry of Education’s ongoing Higher Education Cultivation Project, Department of Higher Education Director-General Liao Kao-hsien said last week.

The current phase of the project, which runs from 2023 to 2027, aims to improve the quality and accessibility of education while enhancing the global rankings of Taiwanese universities, he said. National Taiwan University received NT$2.63 billion, the largest amount awarded to a Taiwan university, an increase of NT$32.64 million from last year.
Full report on the Taipei Times site