State Performance Funding For Colleges Spreading
In moving toward incentives for meeting state-mandated goals, Missouri would join a number of states that have recently adopted or are considering performance-based funding models in higher education. Pennsylvania will set aside 2.5% of its higher education budget for performance funding, while Tennessee will ultimately award more than 90% of its postsecondary money through such a system. See a recent report on performance funding programs. (Stateline.org, 09/08/11)