University academic allowance to increase by Rs. 25,000 in two phases under 2027 Budget
President Anura Kumara Dissanayake, under the 2027 Budget proposed a Rs. 25,000 increase in the monthly academic allowance for university academic staff, recognizing their contributions to higher education, research and human capital development.
Presenting the Budget in Parliament on November 12, the President announced that the allowance increase will be implemented in two phases, with 50% taking effect in July 2027 and the remaining 50% in July 2028.
To strengthen teaching quality and attract specialized expertise across the higher education and vocational sectors, the Budget also proposes tripling the hourly payment rate for university external lecturers providing specialized instruction, raising it from Rs. 1,500 to Rs. 4,500. (Eduwire)
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