How a school or university's administration can get finance for their institution?

Excellent question,

If a university has science and engineering facilities they can do the following:

1- Offer "paid" services for costumers like developing programs, engineering parts and products which involve students.

2- Recycling different wasts and use them for producing energy and fertilisers even with moderate quantities which can be used locally.

3- Making and selling media programs.

4- Creating partnerships with economical companies.