KIEV, Oct. 23 – Foreign students inject $504 million a year into the Ukrainian economy, with each of the 63,000 foreign students in the country paying on average at least around $2,000 for education every year, Deputy Education and Science Minister Oleh Derevianko said at the 3rd Business and Universities national forum.

"Under today's exchange rate, this is around UAH 11 billion, and this is almost the whole sum of the financing of public higher education in Ukraine," he said.