Modifies provisions governing funding for higher education

HB 1569 requires Missouri's Department of Higher Education to develop a new funding model for public colleges and universities, directly affecting four-year public institutions, community colleges, and the State Technical College of Missouri. The model must use a cost-based approach tied to each institution's mission, include performance metrics focused on student success, and be based on a 2023 state study. The department must submit a testing plan by September 2025, evaluate results by August 2026, and seek final legislative approval by September 2026 for the model to take effect in the 2027-28 fiscal year. The bill mandates that state funding for these institutions must align with the approved model after legislative approval.