This research originated from the increasing number of discussions in relation to the financial support of higher education, the quest for creating sustainable resources for the increasing demand of higher education and the inadequate number of academic research that focuses on the finance of higher education in Turkey and seen as a necessity. In line with this requirement, it is aimed to determine the opinions of the participants regarding how the Turkish Higher Education should be financed. The study population consists of administrative staffs who conduct financial issues in universities. Universities included into the sample are identified based on stratified sampling method by considering the rankings revealed by “University Ranking by Academic Performance (URAP)”. The sample of the study includes 138 staffs conducting the financial issues of these universities. The data are collected by means of a questionnaire consisting of 48 items developed by the researchers. According to the findings, higher education should be financed predominantly by diversification of the resources instead of financing by public resources. It is suggested that this method can also develop financial autonomy and thus can provide an opportunity for using the resources more effectively. Resources from the public budget to determine the amount to be transferred to the university is a determinant of performance criteria, the amount determined by the method of allocation be given directly to universities and colleges by the method of budget spending this budget bag is required. Performance criteria should be taken into consideration during the identification of resources to be transferred to universities from the public budget, the amount determined should be assigned directly to universities and universities should spend this budget by considering their own priorities.