Ukraine produces the fourth largest number of post-secondary graduates in Europe, while being ranked seventh in population. Higher education is either state funded or private. Students that study at state expense receive a standard scholarship if their average marks at the end-of-term exams and differentiated test suffice; this rule may be different in some universities. For highest grades, the scholarship is increased by 25%. For most students the government subsidy is not sufficient to cover their basic living expenses. Most universities provide subsidised housing for out-of-city students. Also, it is common for libraries to supply required books for all registered students. Ukrainian universities confer two degrees: the bachelor's degree (4 years) and the master's degree (5–6th year), in accordance with the Bologna process. Historically, Specialist degree (usually 5 years) is still also granted; it was the only degree awarded by universities in the Soviet times.