Azerbaijan, Baku, July 15 / Trend M. Aliyev /
A new financing mechanism in the Azerbaijani educational system will contribute to healthy competition in higher education, Parliamentary Science and Education Committee Chairman Shamsaddin Hajiyev told the ruling New Azerbaijan Party's official website today.
"The system will justify itself by counting the costs attributable to each individual receiving an education," he said.
According to a presidential decree issued Feb. 10 on the introduction of a new university funding mechanism, university financing will now be provided on procurement basis. Students will also be able to select their higher educational institution of choice through a point system.