Student-Focused Funding Model Implementation slide image

Student-Focused Funding Model Implementation

A NEW APPROACH West Virginia Taxpayer Dollars Supporting West Virginia Students The Student-Focused Funding Model provides an objective and equitable means of distributing general appropriation funds to public four- year institutions based upon the courses attempted by West Virginia resident students [ACCESS], the progress resident students make toward on-time degree completion [SUCCESS], and the number of students who finish college with high-quality degrees [IMPACT]. ACCESS Weighted Credit-Hour Production 70% of total funding Credit hours attempted by West Virginia residents, weighted by academic discipline, course level and high-risk student status. SUCCESS Momentum / Progress to Degree 5% of total funding Number of undergraduate West Virginia resident students who are on track for on-time degree completion, with additional credit awarded for students in high-risk populations. IMPACT High-Quality Degree Production 25% of total funding Number of degrees completed by West Virginia residents, with additional credit awarded for degrees produced in high-demand fields and those earned by students in high-risk populations. Institutions are also rewarded for non-resident graduates who join West Virginia's workforce after graduation. Student-Focused Funding | 20
View entire presentation