Department of Finance

Duties and responsibilities:

i. Participating in the formulation of guidelines and policies on education financing, fund allocation and student aid;

ii. Supervising compilation of national education funding statistics;

iii. Oversight of state-owned asset, budget and final account management, financial control and internal auditing of directly affiliated higher education institutions and units;

iv. Co-management of compulsory education guarantee funds and other special funds for education; and

v. Co-decision making for distribution of educational loans from international financial organizations.