As outcomes-based funding models have become increasingly prevalent, all but a handful of states have implemented some type of equity metric, according to an analysis by HCM Strategists. These measures support the success of specific populations, such as minority, low-income, and adult students and military veterans. Establishing clear equity metrics helps eliminate the possibility of unintended consequences when designing formulas.
In
The Chronicle's issue brief,
"The Rise of Performance-Based Funding," you'll learn about the current national landscape of this funding model. Explore success stories, expert advice, and data to help you navigate the intricacies of performance-based funding, which was created as an incentive for institutions to improve student success.