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Penn State urges equity and multiple metrics as Pennsylvania builds performance-based funding
Summary
Penn State senior finance official Dr. Sarah Thorndike told the council the university supports performance-based funding if new dollars grow the overall appropriation, use a mix of input/throughput/output metrics, and include equity adjustments for Pell and first-generation students.
Dr. Sarah Thorndike, senior vice president for finance and business and treasurer for Pennsylvania State University, told the Performance Based Funding Council that Penn State supports performance-based funding when the model increases overall dollars, uses multiple metrics across inputs, throughput and outputs, and accounts for equity across institutions.
"For too long, higher education funding in Pennsylvania has lacked clarity, fairness, and predictability," Dr. Thorndike said. She thanked the council and staff for passing Act 90 of 2024 and identified the university's preferred metric framework as "input, throughput and output" with potential weights for enrollment, retention/progression metrics and…
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