The budget will spend 5 billion rubles in 2015-2019 on the development program of the Crimean Federal University named after Vernadsky, which Prime Minister Dmitry Medvedev ordered to create , Anna Usacheva, a spokeswoman for the head of the Ministry of Education and Science, told reporters on Wednesday.

She noted that the Ministry of Education and Science must submit a university development program for approval to the government within six months, RIA Novosti reports . The main directions of the program will be the modernization of infrastructure, the educational and research process and innovation activities, the development of human resources and the formation of a high-quality student population, improving the organizational structure of the university and increasing management efficiency, said the representative of the Minister of Education.

On Wednesday, the government press service reported that Dmitry Medvedev signed a decree on the creation of the Crimean Federal University named after Vernadsky. The university will be created on the basis of seven educational organizations of higher education and seven scientific organizations. The main goal of the university is to train personnel for the comprehensive socio-economic development of the Crimean Federal District.

5 billion rubles will be spent on the Crimean Federal University