Gov. Scott proposes to increase university performance funding - with caveat
In his 2016-17 budget proposal the Legislature, Gov. Rick Scott wants to continue holding the line on tuition for Florida's 12 public universities and 28 state colleges, while also devoting $120 million more toward performance-based funding for those institutions.
But half of the $100 million Scott wants to add to university performance incentives next year would actually come from the universities themselves.
Only $50 million of the proposed increase would come from new funding, while the other $50 million is proposed to come out of the 12 universities' base operating budgets.
Performance funding is doled out to each university based on how well each institution "performs" on 10 metrics, including average cost per graduate, percent of graduates employed or continuing education and the institution's six-year graduation rate.
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