Academic leaders must think hard about how to preserve their missions while adjusting to new realities under outcomes-based models, which allocate funding based on how well institutions meet predetermined goals. Performance-based funding formulas should be designed through a systematic, data-driven approach, but you should still be prepared to lobby legislators to ensure the metrics are fair and attainable.
Purchase the latest
Chronicle issue brief,
"The Rise of Performance-Based Funding: How Colleges Are Adapting in the New Age of Accountability" and learn about the current national landscape of this funding model. You'll get 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.
