Requests the Board of Regents to examine the effectiveness of the postsecondary education funding formula and provide for phased in implementation of significant changes, specifically as related to performance-based funding.
Impact
If adopted, SCR108 will likely influence how state funds are allocated to postsecondary educational institutions in Louisiana. By requesting a thorough review of the funding formula, the bill encourages adjustments that could enhance the funding support mechanisms for colleges and universities, ensuring that they are tailored to the specific needs of individual institutions. Additionally, the incorporation of performance-based elements seeks to drive continuous improvement in educational quality and outcomes across the state's higher education landscape.
Summary
SCR108 urges the Board of Regents of Louisiana to conduct an examination of the current funding formula used for postsecondary education. The bill seeks to assess whether the existing formula adequately meets the goals outlined in the state's master plan for higher education while also recognizing the unique characteristics of each institution, such as enrollment demographics and the specific programs offered. The emphasis on performance-based funding is a key aspect of SCR108, aiming to reward institutions for high performance and encourage accountability in educational outcomes.
Sentiment
The overall sentiment surrounding SCR108 is largely supportive among legislators who recognize the importance of tailoring the funding mechanisms to reflect the state's educational goals and the diversity of its institutions. However, the proposal also implicates significant changes that may raise concerns among those who worry about the transitional impacts on institutions that might be disproportionately affected by new funding structures. The bill highlights the ongoing tension and interest in ensuring accountability while maintaining institutional stability.
Contention
Notable points of contention include the potential challenges that may arise from implementing a performance-based funding system. Critics might argue that this approach could lead to unintended consequences where institutions prioritize metrics over student needs or adapt their programs primarily for funding compliance. Moreover, the transition period set forth in the resolution to phase in changes is crucial, as it aims to mitigate any sudden impacts on colleges and universities, but the details of this implementation remain areas for further discussion and consideration.
Requests the Board of Regents to restructure the performance-based funding formula and not to allocate funding based on performance until improvements to the formula are made
Requests the Board of Regents to consider articulation and transfer efforts of public postsecondary educational institutions when allocating funds through the funding formula for public postsecondary education.
Requests the Board of Regents to implement the recommendations of the Postsecondary Education Review Commission relative to funding for the state's Historically Black Colleges and Universities.
Requests the Board of Regents to implement the recommendations of the Postsecondary Education Review Commission relative to funding for the state's Historically Black Colleges and Universities
Requests that Board of Regents develop a permanent funding formula for LOUIS and support LOUIS as a critical component of the success of public postsecondary education institutions (EG +$2,237,601 GF EX See Note)
Requires the Board of Regents to include recommended funding distributions for each public postsecondary education system and institution in the annual funding formula report that it submits to the legislature