Higher Education Performance and Enrollment Funding
What changed between versions
Removed a requirement for the Higher Education Appropriations Subcommittee to study a redesign of the performance funding and enrollment-based funding models.
Created a new enrollment funding formula that calculates state contributions based on enrollment changes and institution type, with higher state funding percentages for technical colleges (90%) and community colleges (75%).
Added a mandate for the committee to ensure non-statutory funding formulas for technical colleges include equivalent value for secondary and adult students and reflect the college's full statutory responsibilities.
Updated performance metrics to include workforce responsiveness (degrees mapping to high-demand jobs), institutional efficiency, and research expenditures for universities.
Established new definitions for enrollment funding categories, including 'advanced graduate,' 'basic graduate,' 'full-time equivalent,' and 'high-cost upper-division' courses.
Adjusted sunset dates for several sections, moving the repeal of enrollment funding and performance goals from 2031 to 2027, and other provisions to 2028.
Corrected formatting and numbering errors in the definitions of 'strategically important occupation' and 'high-demand' job.