Gov. Jay Nixon wants public universities in Missouri to keep their tuition the same for the 2014-15 school year in exchange for an increase of $36.7 million in his budget request for higher education.
“To keep our economy growing,” the governor said Wednesday at Missouri State University in Springfield, “we need every student in Missouri to have access to an affordable college education and to graduate without a heavy burden of debt. Our efforts to hold down tuition and support our scholarship and financial aid programs have helped make Missouri a national leader in college affordability.”
In his budget proposal that will be submitted to lawmakers next month, Nixon said he would seek a 5 percent increase for the state’s public universities. The money would be awarded as part of a performance-based funding model that took effect this year.
That system allocates money to Missouri’s public colleges and universities based on their performance in several areas, including student retention and progress, graduation rate and degree completion, financial responsibility and efficiency, the quality of student learning and goals that are specific to each institution.