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Board of RegentsThe taxonomy subcommittee is charged with reviewing the current subsidy model clusters and recommending models or clusters that will have a balance of the following characteristics: have similar costs and characteristics; be predictable and easy to manage; and easy to understand and communicate.
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Higher Education Funding Commission
Formerly State Share of Instruction Consultation (SSIC)
Every two years the Board of Regents convenes a consultation of public campus representatives to review the formula used to distribute the State Share of Instruction (SSI). The members of the consultation review, revise and update the various factors that go into the funding formula. For the most part, these revisions simply update older elements (e.g., enrollments, expenditures per FTE enrollment) with more current data, but occasionally more significant changes to the formula are recommended.
The members of the Higher Education Funding Commission (HEFC) are engaged in a comprehensive review of the assignment of programs to models. This review is made possible by the quality of data generated through the Higher Education Information (HEI) system, which permits a more detailed review of cost data using more current information.
For background information, click on the links below:
- Key Features of the SSI Formula
- A Preliminary Outline of Issues and Observations Regarding the SSI or Funding Formula
For related site pages, click on the links below: