Thursday, June 18, 2009

2009 Nebraska Community College Study - Funding Formula

Summary goes here!

What funding formula have done in 2008-09:

In general, the formula did what it intended to do. Property rich institutions get most of their funding from property tax while property poor institutions receive more state aids.

The data also made senses in that the larger the institution, the less resources is needed per FTE.

* Note: FTEs are derived from IPEDS while the Revenue data is from the Rough worksheet of the 2008-09 calculation.

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