The purpose of the study is to develop scientifically based proposals and practical recommendations for improving the theoretical basis of increasing the efficiency of financial resources use in the higher education system. The tasks of the research: development of scientific approaches and methods within the framework of the strategy of financially stable development of the higher education system in accordance with the comprehensive reforms carried out in the higher education system of the country; to study best practices in foreign countries and create practical recommendations for their implementation based on local conditions and opportunities in improving the efficiency of higher education organizations and the use of their existing financial resources; justification of new approaches to the development of strategies for increasing the financial resources of higher education institutions and their efficiency at different levels of economic development; 9 effective use of economic potential in the higher education system at different stages of development of the national economy, identification of problems and imbalances related to its complex economic development; scientific justification of the strategy of sustainable socio-economic development of higher education institutions and justification of the levers of the economic mechanism of its implementation.