All income and expenditure of each national university shall be transacted through its university endowment fund, and be handled in accordance with law.
The regulations governing the management and supervision of university endowment funds shall be prescribed by the Ministry of Education.

To ensure the sustainable operations of its university endowment fund and to enhance the effectiveness of its operational development, after a proposed annual investment plan has been deliberated on and approved by the management committee, a national university may make the following types of investments:
1. Deposits in public and privately run financial institutions.
2. Purchases of government bonds, treasury bills, or other short-term bills.
3. Investment in companies and enterprises associated with the university’s development or research activity. Apart from equity shares acquired as a result of research achievements or the capitalized value of proprietary technology, self-generated income may be used as a source of investment capital.
4. Other profitable and secure investments that help improve returns.
The maximum permissible amounts for the investments referred to in Subparagraph 3 and Subparagraph 4 of the preceding paragraph shall be determined by the Ministry of Education.
Tuition fee income and other self-generated income that has specific uses may not be used as a source of funds for the type of investment referred to in Paragraph 1, Subparagraph 3.
To handle matters pertaining to the investments referred to in Paragraph 1, a national university shall set up an investment management team to prepare an annual investment plan and carry out evaluations and decision-making for each investment, and provide regular reports on investment returns to the management committee. The regulations governing the selection of members of its investment management team, the eligibility criteria, and other compliance matters shall be formulated by each university.
The investment plan and returns referred to in the preceding paragraph shall be incorporated into each national university’s finance planning report and the university endowment fund performance report, and these shall be submitted to the Ministry of Education for reference.

Each university endowment fund budget shall be compiled based on that national university’s middle-term and long-term development plans, and examination and consideration of the state of fund’s financial affairs and anticipated revenue and expenditure, on the principle that the fund will maintain a budget balance or generate a surplus, and the university’s clearly defined educational performance objectives, and incorporate these details into the annual finance planning report that shall be publicly released by each national university.
Each university endowment fund shall be run in conjunction with its annual finance planning report. A national university shall release each year’s annual university endowment fund performance report in the following year.
The regulations governing the format and content, release date, style, and other compliance requirements of the annual finance planning report and the university endowment fund performance report referred to in the two preceding paragraphs shall be prescribed by the Ministry of Education.