UNAIR NEWS – The performance of Indonesian universities in global competition is one indicator for the achievement of the Strategic Plan (Renstra) of the Ministry of Education, Culture, Research, and Technology (Kemendikbud Ristek) for 2020-2024. To accelerate higher education quality, the Ministry, in collaboration with Indonesia Endowment Fund for Education (LPDP), launched Freedom of Learning Episode 21: The Endowment Fund for Higher Education.
“Kemendikbud Ristek in collaboration with LPDP provides funding from the Higher Education Endowment Fund to support Legal Entity State Universities (PTNBH) to become world-class universities. The Ministry of Education, Culture, Research and Technology and LPDP will match the increase in endowment funds in the form of principal funds and raised investments,” said Nadiem Anwar Makarim in a press release from the Ministry of Education, Culture, Research and Technology, Monday, June 27, 2022.
Nadiem said that the Higher Education Endowment Program is only given to Legal Entity State Universities (PTNBH) because legally, only PTNBH have the ability and right to manage financial assets independently. Furthermore, Nadiem said that it was one of the supports of the Ministry of Education, Culture, Research and Technology to encourage universities to become PTN-BH.
“The Higher Education Endowment Program is targeted at PTN-BH as legal entities that can manage financial assets independently. Every PTN-BH must increase its source of income beyond government assistance and single tuition fee,” said Nadiem.
UNAIR wins IKU 3 Excellence Award
In launching the Freedom of Learning Episode 21, the Ministry of Education, Culture, Research and Technology also gave awards and additional funds of 332 billion to Legal Entity State Universities (PTN) as a bonus for excellence in Key Performance Indicators (IKU) in 2021. Universitas Airlangga (UNAIR) won the third IKU excellence award for lecturers who have activities outside the campus.
The award was received directly by UNAIR Rector Prof. Dr. Mohammad Nasih SE MT Ak in Building D, Ministry of Education, Culture, Research and Technology Office, Senayan, Jakarta, Monday, June 27, 2022. In addition, UNAIR Rector also signed a memorandum of understanding with the Directorate General of Higher Education, Research, and Technology (Ditjen Dikti Ristek) regarding the university endowment funding program for World Class University (WCU).
Welcome the Endowment Fund Program
In a welcoming video presented at the launch of Freedom of Learning Episode 21, Prof. Nasih said that when a university has a goal to become a world-class university, it must organize the university’s internal governance. In addition, Prof. Nasih mentioned the need to prepare various facilities and infrastructure with international standards.
Prof. Nasih also said that UNAIR welcomed the university endowment program positively. Furthermore, he said the funds could be used for WCU program development and funding.
“I believe and I am sure that the additional funding provided is a stimulus that will encourage us to be even more enthusiastic and have a higher commitment to be part of a World Class University ,” said Prof. Nasih. (*)
Author: Wiji Astutik
Editor: Binti Q. Masruroh
