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Financial results for Sweden's universities and university colleges are improving. Preliminary results for 2006 indicate a combined surplus of over SEK 0.5 billion, due to increased funding for undergraduate education. Figures were compiled by one of ACA's Swedish member the Swedish National Agency for Higher Education (Högskoleverket).
These extra funds are the result of higher-than-expected participation rates in higher education over the past few years: During 2004 and 2005 more students were enrolled than institutions were paid for, and the government's increased funding for 2006 compensates for this discrepancy.
Of the 29 institutions surveyed by Högskoleverket, just seven are expected to see a budget shortfall by the end of the year. In 2005, two thirds of institutions had a budget deficit.