The determination of student cost in higher educational institutions : a proposed framework for Prince Sattam bin Abdulaziz university

الملخص EN

The focus of this study is to propose a method through which student cost is measured at Prince Sattam bin Abdelaziz University (PSAU).

Cost accounting practices were used to measure, analyze, and report financial information related to the costs of using resources at PSAU.

The framework of cost accounting system is used to estimate the cost of student at PSAU.

In specific, the cost of student can be calculated in three levels, namely; the university, the college and the department levels.

In more details, the cost of student at PSAU can be classified based on the type of college which include: scientific colleges, health colleges, human colleges, and community colleges.

The outcomes of this study are important in determining the budget allocations for educational institutions and the method of their implementation in order to rationalize the use of the available resources in an optimal way.

Further, the use of cost information gives ability and flexibility in planning and controlling the activity of educational institutions and achieving the greatest benefits.