ENAccording to the trends of globalization in higher education, primarily, the trend of massification, diversification of higher education funding resources becomes a particularly relevant issue. The diversification of higher education funding resources (income resources) is the most common response to the mass higher education andrelevant challenges higher education faced with. The article deals with diversification of higher education funding. Consequently, the main groups of diversification of higher education funding resources (state funding, external funding and internal funding) are presented. The main forms and methods of each group of higher education funding resources diversification are analysed.