Studies On The Higher Vocational Colleges Campus Expansion Financing

Since college enrollment policies have implemented, most higher vocational colleges take campus expansion strategy. Higher vocational colleges are facing of less channels of financing, not much less funding, non-tax income limited, bank loans difficult, financing risks and other issues. They are also facing the national policy, the expansion of decision-making, local government support and other factors. This paper put forward suggestions to solve the financing problems of higher vocational colleges expansion as follows:First of all, we can perfect relevant policies of the state. For example, establishing and perfecting the government departments of higher vocational colleges expansion project examination and approval authority, establishing the campus expansion project fiscal supporting policies; the implementation of college charge limited decentralization policies; building and perfecting encouraging and regulating social donation laws; promulgating college bank loan policies; conditionally allowing higher vocational colleges to implement capital market financing.Secondly, we can expand financing channels. Higher vocational colleges should strive to expand other financing channels, such as, by moving the old campus to carry out investment work, can also be combined with new campus construction project investment, but also through the development of school-enterprise cooperation to expand financing channels.Thirdly, we can increase the local government supporting for higher vocational colleges. From the analysis of contribution and achievement assessment, improving local government in support of will and sense of responsibility. The local government support effectively expansion of fund-raising in higher vocational colleges from the reduction of taxes and fees, municipal facilities and tracking service and other aspects.Finally, we can strengthen against the expansion of financing risk. Higher vocational colleges should make scientific decision criteria and assigned weights in the decision making process; careful analyse of school running, its necessary financial and expected income; scientific plan expansion goals; and determine a reasonable financing scale and capital structure. The government departments help them guard against the risk by improving the examination and approval authority, by increasing the ability of the construction and implementation of fund supporting and other aspects.