Abstract:
Over the years, attempts have been made by the public that universities should be
funded fully by their Internally Generated Funds due to constrained on public funds
and the huge financing of the universities. One of the major problems now facing
the Ghanaian public universities is the problem of under-funding. Therefore it has
recently become nationally referenced for building up public universities in Ghana.
For these, an internally generated fund deserves the attention of policy- makers of
the universities and scholars. This has led to several works being explored into such
a proposal. This study aims to examine to what extent internally generated funds
could be used to financed universities. The study offers a descriptive analysis of the
components of internally generated funds. The study reveals that there are lots of
resources, and when harnessed effectively would have enormous positive effect on
the financial structure of the College. Therefore major funds generating problems
that do not allow free flow and effective collection of funds should be eliminated.
