Kentucky’s public universities may be competing against each other for state funding under legislation headed to Governor Matt Bevin.
The House gave final approval Tuesday to Senate Bill 153 that would create a performance-based formula for distributing state funds to the state’s public universities.
The overhaul in financing higher education would be phased in under the measure. Supporters say the goal is to improve student retention and graduation rates.
The formula would base 35 percent of funding on student success, including the awarding of bachelor’s degrees and the number of science, technology, engineering and math degrees awarded. Another 35 percent would be based on course completion, and 30 percent would hinge on operational needs on campuses.
Source: WBKO
You must be logged in to post a comment.