Many states are implementing and more states are considering performance-based allocation models to distribute state funds to their institutions of higher education. While a great deal of attention has been paid to which metrics to use and how to set up performance funding allocation models, significantly less attention has been devoted to how states can sustain performance funding models through leadership changes and economic downturns. This session will highlight the experiences of Tennessee and Indiana—two states with long running performance funding programs. Presenters will discuss how their programs were designed and what steps were taken to sustain buy-in from key political leaders and consensus from institutions. Recently, Tennessee changed its approach to make it the only 100% performance-based funding model in the country, while Indiana used its performance funding model to distribute a budget reduction during the recent economic downturn.
HEPC 2012 - Sustaining Performance Funding Programs
Wednesday, August 8, 2012
Russ Deaton, Associate Executive Director for Fiscal Policy and Administration, Tennessee Higher Education Commission and Jason Dudich, Associate Commissioner and Chief Financial Officer, Indiana Commission for Higher Education