Question: ASSESSMENT EXERCISE 1 . Explain the term educational finance, and state the two main classification of educational finance. 2 . Define the following terminologies of

ASSESSMENT EXERCISE

1 .

Explain the term educational finance, and state the two main classification of educational finance.

2 .

Define the following terminologies of educational finance: public finance, budgeting for education, revenue, educational cost, cost and expenditure, investment.

3 .

Describe briefly constraints to students financing and suggest appropriate solutions.

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