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Performance-Based Higher Education Funding Possible in 2016

cpe.ky.gov

The Kentucky Council on Postsecondary Education is continuing to seek comments about its strategic agenda for the state's public universities.  The work is being done with an eye toward a new form of funding by 2016.

The aim of the statewide strategic agenda is to, over time, increase educational attainment, bolster job creation, and increase per capita income. 

Council on Postsecondary Education President Bob King says targets will be set for each campus in areas like graduation rates or associate degree numbers, "Some of those will then be tied to a budget request because there's a great deal of interest in the legislature in tying some of the funding that goes to higher education to actual performance."

The General Assembly has discussed performance-based funding for some time.  King says some of those decisions are expected in early 2016, "This is a budget session coming up and so we are kind of simultaneously developing a budget request and what is referred to as a performance funding model or an outcomes based model."

C.P.E. members will continue to hear from citizens this week about the strategic agenda for the university system.   Public meetings are scheduled in Somerset and Murray with a final session next week in Northern Kentucky. ?

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