A Study On The Consist Of The Education Costs In Provincial Colleges And Universities

With the increase of investment on higher education in China, the resource shortage inhigher education has been greatly alleviated. However, the low utilization of higher educationresources is becoming a newly emerged problem. To solve this problem and improve resourceutilization, higher institutions should setup cost consciousness, and enhance cost control andmanagement. Currently, most of the educational resources are occupied by ministry-owneduniversities, province-owned higher institutions only have relatively limited resources.Therefore, it is very necessary for province-owned universities to setup a proper cost controlmechanism.The research in this thesis is conducted via questionnaire in conferences of AccountingSociety of China and Educational Finance and Accounting in Jiangsu Province. Reliabilityand validity analysis are then carried out. The cost structure item and irrelevant item can beidentified by using exploratory factor analysis. The reliability of the research can beimproved by jointly using exploratory factor analysis and confirmatory factor analysis. Byconducting variance analysis on different recruiting and university types, some obviousdifference on cost structure of higher institutions can be observed. Consequently, propersupervision and control can be performed.Research results indicate that:1. costs of province-owned universities consist ofpersonnel costs, public expenditure cost, and capital costs;2. logistics managementexpenditure except retired personnel expenditure and logistics staff salary belongs tonon-educational cost, expenditure of scientific research should be treated differently indifferent scenarios;3. Jiangsu Province-owned colleges and universities have different personnel and public expenditure cost structure, which suggests that different level of higherinstitutions differ in educational cost structure. However, there is little difference in capitalcost structure, which means that different level of higher institutions have similar capital coststructure.4. different type of higher institutions have obviously different personnel, publicand capital expenditure cost structure. More specifically, postage and communication costbarely have any difference; daily maintenance, food allowance and medical cost have a littledifference; other items have relatively big differences. Therefore, cost control should done inthose aspects.According to the results of analysis and research, some suggestions for higherinstitutions are given to improve the utilization of educational resources. These suggestionsinclude: distinguishing educational and non-educational cost, and incorporating ourresearch results into the evaluation system; attentions should also be paid to non-educationalcost to setup a multiple evaluation system; widening financing channels and increasing thetotal amount of university resource; as for universities with different recruiting type, specialcare should be paid to personnel and public expenditure cost structure; as for higherinstitutions with different level, items with obvious difference deserve to be well handledduring cost control.