Tucked into a list of education proposals Governor Kasich unveiled in his State of the State speech was a measure that actually has already taken affect – making funding to colleges and universities dependent on student success.
The new higher education funding formula already passed as part of the state budget last year, but on Monday night, Governor Kasich gave it a little more limelight.
“Colleges and universities will not get any of these state dollars that has gone to them traditionally based on enrollment,” Kasich said. “They will only get paid if students complete courses or students get degrees. No more wandering around. This is a big deal for our students and for our schools.”
This marks the first year where state college and universities’ funding is entirely based on performance rather than number of students enrolled.