Student-Focused Funding Model Implementation slide image

Student-Focused Funding Model Implementation

FUNDING POOLS IMPACT High-Quality Degree Production College graduates have a significant positive impact on the state's economy. • Their earnings tend to be higher than those of high school graduates without a postsecondary credential. Additionally, employers looking to relocate to West Virginia are more likely to do so if they can draw new employees from a highly skilled and educated workforce. • Because of the important role that educational attainment plays in economic growth, the IMPACT pool rewards institutions for helping West Virginia residents achieve the college dream. The model rewards institutions that graduate non-resident students who decide to join West Virginia's workforce. The model also drives additional dollars toward degrees in high-demand fields such as teacher education, engineering and healthcare. 25% of total funding Student-Focused Funding | 36
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