Article 10 of the fund’s regulations issued by the Council of Ministers’ Resolution No. 216 dated 08/09/1421H (04/12/2000) provides for financing universities by supporting basic needs such as:

  1. Supporting scientific and academic programs for universities.
  2. Establishment of new colleges and expansion of existing colleges.
  3. Funding the purchase of devices and providing laboratory requirements.
  4. Funding programs, centers and scientific research.
  5. Providing scholarships and employing students in universities.
  6. Providing other requirements such as the urgent needs of university hospitals and other needs.