Abstract: Through analyzing the current situation concerning the use, administra tion and supervision of scientific research fund in higher education institution s, this article points out the problems in the management of scientific researc h fund, such as lack of efficiency and standardization . Based on an exploration of the underlying cause of these problems, the article puts forward three strat egies to cope with them: sticking to the five principles in the management of th e fund, perfecting the mode of management in scientific research and tightening up the supervision over the whole process of fund administration,; and making a sound assessmentof cost.