1. Raise educational funds and other educational resources to meet the needs of national education development.

The means of raising funds mainly include: formulating relevant laws and regulations, determining the channels and corresponding proportions of raising education funds, and ensuring the legitimacy and effectiveness of raising education funds; Ensure the gradual growth of education expenditure in public finance expenditure of governments at all levels; Absorb various private funds or resources to invest in education through various administrative or economic means.

2. Allocate educational funds and allocate educational resources.

The basic basis for allocating education funds and resources is the relevant national education laws, regulations and policies, the social needs of all levels of education and the funding needs of all kinds of education itself. On the one hand, the development of education depends on the amount of educational funds and other educational resources, on the other hand, it depends on whether the allocation of educational funds is reasonable and whether the allocation of educational resources is scientific.

3. Supervise the legal use of educational funds and the effective use of other educational resources.

The function of education finance in this respect is to supervise the financial activities of educational institutions at all levels according to law, prevent illegal use of education funds, put an end to extravagance and waste, ensure the rational use of education funds, and give full play to the role of educational resources.