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At present, Romanian academic education financing is at a crossroad. The effects of the regulatory changes occurred in 2011 with the adoption of the new National Education Law, as approach of harmonization with the European standards in the area, are still strongly felt. Even though significant progress has been made towards permanent modernizing budgetary resource allocation methodology for education, the percentage of GDP distributions to support this priority area is below the minimum of 6\% provided by the app...

This paper highlights the evolution and the current trends in the financing of public institutions of academic education in Romania. The investigative approach will begin with a review of the funding modalities, starting with the communist regime until now, following to highlight the evolutionary stages and the important moments in the finance policy reform. We shall pay a particular attention to the changes brought by the new National Education Law, as an opportunity to modernize the old structure of the financin...