New Mexico college, university presidents propose new state funding model

Matt Zalaznick's picture
Thursday, October 31, 2013

College and university presidents across the state are endorsing a new way of funding their schools.

The model would encourage legislators to fund colleges and universities based on the previous year's allocations while also providing incentive, performance-based funding that rewards different types of schools for meeting their different missions.

Multiple university presidents said all two- and four-year schools in the state have endorsed the proposal.

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