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Legislative analysts explain higher-education funding formula: weighted credits, base rate and completion factor
Summary
Legislative Council analyst Alex Kronquist told the committee that the formula multiplies weighted student credit hours by a credit completion factor and institutional base rate; recent sessions adjusted weights for CTE and protected growing campuses from automatic reductions.
BISMARCK — Legislative Council analyst Alex Kronquist presented a detailed explanation of North Dakota’s higher-education funding formula to the Higher Education Funding Review Committee, describing the three-part calculation that determines base appropriations for each public campus. The formula: Kronquist told the committee that the appropriation starts with “adjusted student credit hours,” which are raw student credit hours multiplied by an Instructional Program Classification (IPC) weighting factor that reflects program cost differences, then multiplied by a credit completion factor that accounts for institutional economies of scale. The product is multiplied by an institutional base rate; base rates are equalized within categories (research universities, regional universities, two‑year colleges).…
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