Three years after Texas reinvented how community colleges earn state funding to reward them for getting more students to graduation, the schools are delivering.
But the colleges are short the millions they planned to receive as a result as their successes outpaced what lawmakers budgeted, prompting limits to the state’s performance-based funding.
Texas Higher Education Coordinating Board officials adjusted the funding formula during their Wednesday meeting, trimming the incentives that trigger additional dollars when schools educate high-need students. Colleges will now see smaller bonuses for getting low-income students and adult learners to graduation.
Read more from The Texas Tribune.
