Education fund refers to the subsidy granted to education for a certain purpose recognized by law. In western countries, donors are mainly charities, large companies, religious groups, alumni and individuals. It is an important source of funds for some universities, especially private prestigious schools.

Education fund can provide a relatively stable source of funds for education development. It is not enough to run a school with limited economic strength in China, and the shortage of education funds cannot be solved in a short time. According to China's national conditions, it is a long-term task to establish a fund system and raise funds for running schools through multiple channels, which is also an important content of deepening education reform. It is the material basis for improving people's cultural life level and an important condition for promoting the development of education.