Cash Boost for Chiang Mai University
Rated among the top 5 universities in Thailand, Chiang Mai University (CMU) has been named as one of 9 in the land to qualify for a portion of a new 9 billion baht fund.
The budget has been allocated to fund more research as part of a 3 year plan to help the establishments gain better international recognition.
Assessments will be made twice per year, and the universities risk exclusion from the scheme if they fail to meet expectations, announced Education Minister Jurin Laksanavisit.
CMU, which is reputed to have the largest campus in south east Asia, is already included in the top 500 world universities listed by the ‘Times Higher Education’ magazine.
Editor’s note: the government university is being groomed for privatisation, and current fees are typically 500,000b per student per year, excluding accommodation.
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