Ky. university funds could be based in part on degree types

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FRANKFORT, Ky. (AP) – Kentucky’s university presidents are finalizing a plan that would create a way to tie some of their schools’ state funding to performance outcomes such as higher graduation rates and more degrees in science and technology.

The Lexington Herald-Leader (http://bit.ly/2gG0dq7 ) reports that the university presidents held their final meeting at the Council on Postsecondary Education on Monday. They hope to present a new plan to Gov. Matt Bevin and the General Assembly by the Friday deadline.

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The plan would divide up the $49 million Bevin appropriated to outcomes in the next fiscal year.

Under one proposal, about 35 percent of funding would be based on student success. Categories would include the number of bachelor’s degrees produced, the number of science degrees produced and the number of degrees earned by underrepresented minorities.

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Information from: Lexington Herald-Leader, http://www.kentucky.com

 

Copyright 2016 The Associated Press.