Analysis of the Distribution and Use of the State Scholarship (Case of the Faculty of Economics and Business of TSU)

The country's expenditure on education shows the level of social development society and attitude state towards this process. A with a high increases highly qualified human capital accelerates development. Therefore, most countries are trying to increase their spending education. main goal research is study current academic performance scholarship non-scholarship students at Faculty Economics Business determine how qualitatively, effectively fairly financial resources allocated by for used what motivation study. article substantiates theoretical conclusions raised in published work. discusses issues funding educational grants scholarships different countries. Some fully finance studies programs provide monthly stipends. For example, Hungary, South Korea, Germany, Turkey, Great Britain USA. duration can be: several weeks, months, one year 3 years, etc. provides information expenditures relation GDP, both Georgia European OECD In 2020, share sector GDP was 4.1% 5% lower than EU indicators 4.7% average According strategic plan announced government 2019, from 2022, annual should amount 6% GDP. case realization which, would be among However, it clear report International Monetary Fund that 2022 Georgian will no longer invest gross domestic product education, i.e. according document, an equal invested which previously strategy "Education national idea" envisaged. reason this, as seen Fund, reduced fiscal space. 2021 budget, Ministry Education 1.8 billion GEL (of 300 million culture sports, already separate agency). As whole, financing up 3.4% Georgia, directly direction 2.8% order fulfill parameters defined idea", budget doubled become 3.49 GEL. analyze distribution effective use scholarship, data undergraduate holders non-grant (business administration tourism programs) enrolled 2013-2017 were selected. "Economy" program (which has student's tuition fee financed - therefore all free) ISET (since been operating since 2017) did not get into target group. analyzes Ivane Javakhishvili Tbilisi State University, Business. statistics about contingent, movement non-scholarships presented. Only 54.37% 2013-2016 completed bachelor's degree within 4 years stipulated curriculum. students, figure even 33.49%. 2013-2016, number excluded compared same accounted 8.1%. 21.01% 36.38% "Other", refers who have transferred (with external internal mobility), due personal statement, active (had suspended status previous semester/semesters), suspended, This 45.21% students. Quantitative qualitative conducted (210 respondents interviewed) raising results research, relevant offers author's recommendations, implementation authors, lead students' interest learning healthy competition. With investment, maximum four personnel competitive higher recruited, meet requirements quality well recognized international norms standards. Key words: training grant, grants, JEL Codes: H50, H52, I21, I22