# Austrian Leaders to Finalize University Budget

October 16, 2026 at 03:49 PM

> Chancellor Stocker and Vice-Chancellor Babler meet Saturday to bridge the 2.5 billion euro gap in Austria's three-year university funding.

Federal Chancellor **Christian Stocker** and Vice-Chancellor **Andreas Babler** will meet with government leaders on Saturday, October 17, 2026, to finalize the three-year university budget. The Austrian government must reach a definitive agreement by the end of October.

The Universities Conference and the Austrian Students' Union are demanding 18 billion euros, while the Federal Financial Framework Act currently allocates 15.5 billion. Science Minister **Eva-Maria Holzleitner** also plans to introduce a new part-time study model.

Finance Minister **Markus Marterbauer** faces pressure as Social Minister **Korinna Schumann** proposes taxing top earners to fund social spending. This includes the 'Zukunftsdepot,' a 2027 initiative providing a 500-euro state birth grant and tax-free savings.


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