Student-Focused Funding Model Implementation slide image

Student-Focused Funding Model Implementation

A NEW APPROACH West Virginia Taxpayer Dollars Supporting West Virginia Students Four-Year Institutions Bluefield State College Concord University Fairmont State University Glenville State College FY18 Base Budget $229,434,536 $5,379,199 $8,278,077 ACCESS 70% $160.6M $14,579,417 $5,622,099 SUCCESS 5% Marshall University* $54,940,572 Potomac State College of WVU Shepherd University $3,650,589 $9,360,954 West Liberty University $7,592,683 West Virginia State University** $9,514,960 $11.5M West Virginia University*** WVU Institute of Technology $103,079,979 $7,436,007 *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). IMPACT 25% $57.4M Student-Focused Funding | 19
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