Notes
Slide Show
Outline
1



Sources of Funds:
State Formula Funding

  • Instructional  and Operations Formula
  • State Funding is based on a weighting of Student Credit Hours (SCH) by:
    • Level of course (Lower/Upper/Masters/PhD)
    • Discipline
  • Teaching Experience Supplement
  • Additional weight of 10% applies for those undergraduate SCHs taught by tenured or tenure track faculty
  • Infrastructure Support Formula
  • Separate formula (based on utility cost and ft2 of E&G space) for Operation & Maintenance of Plant
2


Funding Caps
 (SCHs that are not Funded)
  • Doctoral Cap – No funding will be provided for doctoral hours accumulated by individual students in excess of 99 hours.


  • Undergraduate Hour Cap – No funding will be provided for SCH earned by a resident undergraduate student that exceeds by at least 45 hours the number of SCH required for completion of the student’s degree program.


  • Developmental Education Cap – No funding will be provided for developmental hours accumulated in excess of 18 SCH at general academic institutions.


  • Third Time Enrollment Cap – No funding will be provided for those credit hours that are being attempted by a student for the third time.
3







Formula Funding Weights Reflect the Variable Costs by Discipline and Level
  • Example: (SCH x Weight x Rate per weighted SCH)
  • * Rate set by the Legislature
    • Liberal Arts Freshman taking 12 hrs =
  •           12 SCH x 1 x $55.72* = $668.64
    • Science Masters student taking 9 hrs =
  •               9 SCH x 7.63 x $55.72* = $3,826.29