While states and institutions across the country experiment to find successful funding formulas, all will agree that performance-based funding (also termed outcomes-based funding) is once again gaining momentum. A majority (60%) of states have already adopted measures to allocate public funding on the basis of outcomes, and many more plan to follow suit. The time is now for your institution to begin thinking about how performance-based funding models can represent state and institutional interests while achieving better student outcomes at your institution.
Join us for a webcast that addresses key national trends and developments within performance-based funding. In addition, our expert presenters will address ways your institution can collaborate with legislative personnel in developing fair and equitable formulas for allocation.
Who Should Attend
This program is ideal for senior leadership in finance and academic administrative roles in states where performance-based funding is in early discussion or adoption stages. Professionals in these posts will be influential in both developing metrics and formulas in collaboration with state legislation, as well as working to capitalize on these funding formulas on campus.
After participating in this online training, you will be able to apply national trends and case study samples in informing your institution’s performance-based funding strategy.
- Performance-Based Funding and the Higher Education Landscape
- Overview of current state and regional adoption
- Variations on performance-based funding
- Movement toward outcomes based funding 2.0
- Strategies for Institutional and Legislative Collaboration
- Establishing key stakeholders
- Strengthening institutional participation in the process
- Integrating state and institutional goals
- Best Practice Considerations for Fairness and Equity in Developing Allocation Formulas
- Accounting for distinct institutional missions
- Accounting for distinct institutional populations
- Examples of current performance-based funding metrics
Dennis P. Jones, President, National Center for Higher Education Management Systems (NCHEMS)
Russ Deaton, Executive Director for Finance and Administration, Tennessee Higher Education Committee