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Corvinus Reacts: No Sudden Changes, No Disadvantages for Hungarian Students

Hungary Today 2019.02.20.

In response to our article focusing on Corvinus’ future, the University’s Directorate of Communication asked that the following corrections and clarifications be made. We have included a slightly altered version of the letter below.

“We are pleased to have seen your interest towards our University by publishing your article. Despite all the efforts you have made, we have realised some mistakes. Hereinafter, we would like to call your attention to some facts and would like to kindly ask you to clarify and correct them.

Statements of the article
1. When submitting your application to felvi.hu, there will only be a self-funded option available.
2. Students weren’t given the opportunity to ask questions or express their opinions about the transition.
3. They also plan to increase the number of foreign students from 15 to 45% (which is almost half of the University’s capacity). Therefore, it’s doubtful that the changes will serve the interests of young Hungarians due to limited access caused by high tuition fees and international competition.
4. The article emphasizes the expression ‘privatization process of Corvinus’. E. g.The University’s administration will manage the funds, making it a ‘private university’.
5. Uncertainty and ambiguity about Corvinus’ scholarship distribution. Who decides who’s eligible to receive a scholarship? How does one apply? What will the competition look like?

Corrections and clarifications
1. In the 2019/2020 academic year, the University will still offer government-funded scholarships. From the following academic year, however, free education for the most talented students will be ensured by the Corvinus Scholarship Program, which will be financed by the foundation maintaining the University. Submitting the application for Corvinus Scholarship Program will be possible at felvi.hu, there will not only be a self-funded option available.
2. It is a false statement that students are not involved in the process of renewal. Student Union of CUB takes part in the work of the project organization as well as in the work of the Supervisory Board responsible for the renewal.
3. Corvinus will not increase the number of foreign students but the number of students taking part in international programmes, consequently it is not true that Hungarian students will face disadvantages.
4. Corvinus University of Budapest is committed to renew the institution and we definitely oppose the usage of the expression “private university”. As of 1 July 2019, the governance model of Corvinus will change: the Hungarian State will hand over the maintainer’s rights to a newly established foundation (a public benefit purpose entity) created specifically for this purpose by the State. The foundation will be endowed with sufficient capital to ensure the long-term financial sustainability of the University. Consequently, in the future, Corvinus will function as a public-interest, not-for-profit higher education institution maintained by a state-established foundation.
5. In the 2019/2020 academic year, the University will still offer government-funded scholarships. From the following academic year, however, free education for the most talented students will be ensured by the Corvinus Scholarship Program, which will be financed by the foundation maintaining the University. The Corvinus Scholarship will be judged for the students ranked the best at the Hungarian admission system, namely, felvi.hu.

The strategic goals are expected to be implemented until 2030, consequently the changes are not as radical and sudden as it is suggested by your article.

Directorate of Communication
Corvinus University of Budapest”