THECB advisory committee reviews health-related institution funding formulas, forms subcommittees and elects officers

The Health Related Institutions Formula Advisory Committee of the Texas Higher Education Coordinating Board (THECB) reviewed an overview of formula funding drivers and agreed to form subcommittees to examine funding levels and formula weights, including consideration of graduate behavioral health, allied health and graduate nursing programs. The committee also elected Kristin Nace as chair and selected Tomas Guajardo as vice chair and Kemp Lewis as secretary.

Committee members heard a presentation from Melita Berger, THECB senior director for funding and resource planning, on how formula funding is calculated and used. Berger told the committee formula allocations are driven by measures such as weighted full-time student equivalents (FTSE), predicted square feet, research expenditures and counts of graduate medical education (GME) residents. She said institutions report data used by the board and the Education Data Center…