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Performance-Based Funding Montana Two-Year Colleges. Opportunities for Perkins-Funded Activities. Performance-Based Funding Montana Two-Year Colleges. Performance-based funding for Montana’s two-year colleges. Performance-Based Funding Montana Two-Year Colleges.
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Performance-Based Funding Montana Two-Year Colleges Opportunities for Perkins-Funded Activities
Performance-Based Funding Montana Two-Year Colleges Performance-based funding for Montana’s two-year colleges
Performance-Based Funding Montana Two-Year Colleges • August 19th, 2013, Governor Bullock committed Montana to the Complete College Montana initiative • Increase the number of Montanans who earn certificates and college degrees • Develop specific strategies to reach goal from 40% to 60% with a higher education credential • Supported by Complete College America – a nationwide effort involving an alliance of 34 of other states
Performance-Based Funding Montana Two-Year Colleges Goal: • Increase the percentage of the Montanans with a higher education credential from 40% to 60% Primary Objective: • Improve student learning and attainment outcomes Strategy: • A portion of funding to MUS institutions based on their performance on metrics designed to lead to achievement of the goal
Performance-Based Funding Montana Two-Year Colleges 6 priority target areas have been identified • Intended to drive metrics which vary by institutional type • Promote mission differentiation • Encourage innovative institutional-level strategies
Performance-Based Funding Montana Two-Year Colleges 6 targets – (Do they intersect Perkins-funded Activities?) • Increase success of under-represented student populations (ex. economically disadvantaged, American Indian, and veterans) • Increase early college access for Montana high school students • Improve student success in freshmen year (ex. freshmen/sophomore retention, improve success of remedial students) • Increase the number of students transferring from 2-year to 4-year campuses • Increase the number of students completing degree and certificate programs, particularly in niche program areas with significant economic impact to Montana • Grow graduate education and research capacity consistent with institutional missions
Long term Performance-Based Funding Montana Two-Year Colleges Status of Montana’s implementation of performance-based funding Second Phase May 2014 Pilot Phase Completion and Retention
Performance-Based Funding Montana Two-Year Colleges Phase I Funding Metrics • Completion • Retention Anticipated Metrics • Early success • Earning some college while in high school • Earning an industry credential in high school (relates especially when the college accepts that credential for some credit toward its programs) • Serve high need/high risk populations 2014-15 Perkins Priorities • Promoting and supporting high school to college transitions for Career Technical Education (CTE) Students • Developing, implementing, or improving a program of study – culminating in degree, license, or industry-recognized credential • Promoting and supporting partnerships between CTE and business and industry