(AP) — State budget crafters are warning of tight times next year. But Louisiana’s public colleges are asking for a funding boost of $116 million.That’s the amount of money Commissioner of Higher Education Sally Clausen says is needed to cover the costs of reworking state college funding to be more performance-based.Clausen is pushing a change that would reward schools for performance, like paying incentives for campuses that graduate more students and that receive more outside research grants.The funding formula changes were sought by Gov. Bobby Jindal and state lawmakers and will have to be approved by both if they’ll be put in place.Clausen says those changes cost more money, on top of the $2.9 billion appropriated for the public college systems in the current year. Jindal and lawmakers will consider Clausen’s request as part of their work to craft a budget for the year that begins July 1.—-Contact The Daily Reveille’s news staff at [email protected]
Colleges ask for budget increase
By The Associated Press
November 19, 2008