In the article on the basis of the current national legislation taking intoaccount modern
challenges, an innovative model of higher education institution inUkraine is outlined. In the
system of institutions of higher education of Ukraine, the following four main types of
ownership can be distinguished: it is a state-owned higher education institution established by
the state financed from the statebudget and subordinated to the relevant central executive
body; Higher education in stitution owned by the Autonomous Republic of Crimea –
established by the authorities of the Autonomous Republic of Crimea, financed from the
budget of theAutonomous Republic of Crimea and subordinated to the authorities of
theAutonomous Republic of Crimea; Higher education institution – founded by
localauthorities, financed from the local budget and subordinated to local authorities; ahigher
education institution of a private property form is based on private propertyand is
subordinate to the owner or owners.It is proved that the prospects for the development of an
institution of highereducation on an innovative basis depend on those reforms that regulate
this sphereof activity, and, sadly, from the political vector. In this case, the specific feature
ofthe process of reforming education is that it is virtually impossible to implement itgradually.
The reform should take place systematically in all directions and reflectall aspects of the
activity ofhigher education notonly in the present time, but alsoin perspective.
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