Student-Focused Funding Model Implementation slide image

Student-Focused Funding Model Implementation

SIMPLE FTE-BASED REALLOCATION All Students FY18 Base Budget FTE-Based Appropriation Percent Difference West Virginia Resident Students FTE-Based Appropriation Percent Difference Four-Year Institutions $229,434,536 $229,434,536 $229,434,536 Bluefield State College $5,379,199 $4,688,701 -12.8% $6,468,794 20.3% Concord University $8,278,077 $8,640,773 4.4% $11,590,972 40.0% Fairmont State University $14,579,417 $14,183,027 -2.7% $19,953,839 36.9% Glenville State College $5,622,099 $4,743,266 -15.6% $6,280,016 11.7% Marshall University* $54,940,572 $47,257,271 -14.0% $55,777,618 1.5% Potomac State College of WVU $3,650,589 $4,404,183 20.6% $5,046,666 38.2% Shepherd University $9,360,954 $12,327,814 31.7% $12,830,614 37.1% West Liberty University $7,592,683 $8,675,850 14.3% $9,124,272 20.2% West Virginia State University** $9,514,960 $8,777,185 -7.8% $12,195,061 28.2% West Virginia University*** $103,079,979 $111,386,848 8.1% $84,994,166 -17.5% WVU Institute of Technology $7,436,007 $4,349,618 -41.5% $5,172,518 -30.4% *In addition to its base budget of $54,940,572, Marshall University receives $3,443,152 in special-purpose funding. These appropriations are not subject to the proposed model: Luke Lee Lab ($93,441), Vista ($229,019), Brownfield PD ($309,606), MUGC Writing Project ($25,412), WV Autism Training Center ($1,671,280), Lottery Funds - Rural Health Initiative and Rural Health Residency Program ($560,107), Forensic Lab ($235,104), Rural Health Outreach Program ($163,219)and Center for Rural Health ($155,964). ** West Virginia State University's land grant match of $1,584,947 is not included in FY18 base budget figures. *** In addition to its base appropriation of $103,079,979, West Virginia University receives $28,154,323 in special-purpose funding. The following appropriations are not subject to the proposed model: Jackson's Mill ($472,960); Brownfield PD ($314,188); Rural Health Outreach Program ($158,372); Soft Drink Tax Appropriation ($15,935,640); Land Grant Match ($7,871,000); Medical School Lottery Funds ($3,402,163). Student-Focused Funding | 8
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