Performance-Based Funding of Higher Education: A Detailed Look at Best Practices in 6 States.
Summary
In this article by Kysie Miao, she writes about a step-by-step approach to developing a successful performance-based funding system, as well as a guide to best practices for how to administer performance based funding which will hold colleges and universities accountable for success. Miao looked at current state policies in Ohio, Pennsylvania, Indiana, Tennessee, Washington State and Louisiana and examined their experiences.
Analysis
Between 1979 and 2007, 26 states experimented with measures that attempted to incorporate institutional performance as a basis for higher education funding. However, 14 states discontinued the programs based on several design flaws, such as; lack of flexibility to institutional differences that focused too much on degree completion and failing to reward intermediate progress (Miao, 2012). .
Performance-based funding 2.0 came about and focused on the need to reward progress over completion, and recognize the differences that exist among community colleges and universities, while allocating …show more content…
Washington State developed the “The Student Achievement Initiative”, where the college receives funds based on achievement points. Louisiana State implemented the GRAD Act increasing tuition by 10 percent each year if they meet certain goals for performance. All states measured key areas of performances based on, degree or certificate completion, some area of transition from developmental courses to college level courses, student retention, diverse faculty, faculty productivity and accountability (Miao,
Summary
In this article by Kysie Miao, she writes about a step-by-step approach to developing a successful performance-based funding system, as well as a guide to best practices for how to administer performance based funding which will hold colleges and universities accountable for success. Miao looked at current state policies in Ohio, Pennsylvania, Indiana, Tennessee, Washington State and Louisiana and examined their experiences.
Analysis
Between 1979 and 2007, 26 states experimented with measures that attempted to incorporate institutional performance as a basis for higher education funding. However, 14 states discontinued the programs based on several design flaws, such as; lack of flexibility to institutional differences that focused too much on degree completion and failing to reward intermediate progress (Miao, 2012). .
Performance-based funding 2.0 came about and focused on the need to reward progress over completion, and recognize the differences that exist among community colleges and universities, while allocating …show more content…
Washington State developed the “The Student Achievement Initiative”, where the college receives funds based on achievement points. Louisiana State implemented the GRAD Act increasing tuition by 10 percent each year if they meet certain goals for performance. All states measured key areas of performances based on, degree or certificate completion, some area of transition from developmental courses to college level courses, student retention, diverse faculty, faculty productivity and accountability (Miao,