Performance Based Funding

Jul 24, 2009

Louisiana and Ohio will phase in new higher education funding formulas that will base most state postsecondary funding on performance. For Louisiana community colleges, the formula is expected to include student success in: remediation; transfer and subsequent university performance; passing licensure and certification examinations, and in employment. Under Ohio's formula, enrollments will be funded based on course completion and by the statewide average cost of individual programs, and rates would be weighted by student risk factors. Ohio's community colleges, however, will continue to receive funding based on enrollment.