Educational Financing- A sub title of the book Educational Management: New Perspectives

Educational Financing is the process of generation, distribution and utilization of funds within the educational system. Today, the issue of financing educational institution is multi-dimensional, and this defines the responsibility or otherwise of the government to its citizens. However, investment in education comes from both public and private bodies, it is the duty of government to create enabling environment for private participation in education. There is therefore a dire need for educational managers like their counterparts in other professions, to be knowledgeable about the process of financing education to achieve educational goals.