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HEC details funding formula changes, one‑time grants to regional universities and benefit navigator impact
Summary
HEC told the Education Subcommittee April 3 that it has shifted parts of university and community college funding to reward completion and equity, awarded one‑time sustainability grants to regional and technical universities and reported postsecondary benefit navigators served more than 15,000 students last year.
The Education Subcommittee received an overview April 3 of how the Higher Education Coordinating Commission allocates state support to institutions and the use of one‑time funds to support regional and technical universities. The commission also reported early results from postsecondary benefit navigator positions funded in the current biennium.
Ben Cannon and Jim Pinkard, director of the HEC’s Office of Postsecondary Finance and Capital, described recent changes to how public university support fund (PUSF) and community college support fund (CCSF) dollars are distributed. Cannon said the commission, acting under state law, moved portions of university funding toward degree completion outcomes (a model phased in beginning in…
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