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PERKINS IV

PERKINS IV. USE OF DATA IN LOCAL PLANNING. POSTSECONDARY FUNDING FORMULA. REQUIREMENTS PELL COUNTS BIA ASSISTED POSSIBLE ALTERNATIVE FORMULA USING ADDITIONAL ELEMENTS. POSTSECONDARY FUNDING FORMULA. POSSIBLE ELEMENTS NEED-BASED POSTSECONDARY FINANCIAL AID PROVIDED FROM PUBLIC FUNDS

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PERKINS IV

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  1. PERKINS IV USE OF DATA IN LOCAL PLANNING

  2. POSTSECONDARY FUNDING FORMULA • REQUIREMENTS • PELL COUNTS • BIA ASSISTED • POSSIBLE ALTERNATIVE FORMULA USING ADDITIONAL ELEMENTS

  3. POSTSECONDARY FUNDING FORMULA • POSSIBLE ELEMENTS • NEED-BASED POSTSECONDARY FINANCIAL AID PROVIDED FROM PUBLIC FUNDS • MEMBERS OF FAMILIES RECEIVING SOCIAL SECURITY BENEFITS • STUDENTS ENROLLED IN PROGRMS SERVING ECONOMICALLY DISADVANTAGED ADULTS

  4. POSTSECONDRY FUNDING FORMULA • POSSIBLE ELEMENTS • STUDENTS IN PROGRAMS ASSISTED UNDER WIA • UNDUPLICATED COUNTS • MORE ACCURATE COUNT OF ECONOMICALLY DISADVANTAGED INDIVIDUALS

  5. SECTION 112(c) RESERVE FUND • UP TO 10% OF THE 85% • FOR USE IN • RURAL AREAS • AREAS WITH HIGH % OF CTE STUDENTS • AREAS WITH HIGH # OF CTE STUDENTS

  6. SECTION 112(c) RESERVE FUND • DISTRIBUTED VIA • FORMULA • RFP • USED FOR SECTION 135 PURPOSES • BUT……….

  7. SECTION 112(c) RESERVE FUND • ALLOCATE RESERVE VIA • PERFORMANCE RESULTS • CORE INDICATOR SPECIFIC • DISAGGREGATED POPULATIONS

  8. PERKINS IV FUNDING TOOLS • STATE IMPOSED FUNDING FLOORS • STATE IMPOSED FUNDING CEILINGS • STATE IMPOSED FUNDING LIMITATIONS OF ALLOWABLE USES OF PERKINS FUNDS

  9. PERKINS IV FUNDING TOOLS • SIZE, SCOPE, AND QUALITY • QUALITY ELEMENTS OF A CTE PROGRAM • SSQ IN CONJUNCTION WITH FUNDING FLOORS

  10. PERKINS IV FUNDING TOOLS • LOCAL PLAN BUDGETS • DO LOCAL BUDGETS ISOLATE EXPENDITURE FOR PROGRAM ELEMENTS? • BUDGET MATRIX

  11. PERKINS IV FUNDING TOOLS

  12. PLANNING AND DATA CONSIDERATIONS • SECONDARY / POSTSECONDARY SPLIT • 50% / 50% • STATE LAW • POPULATION BASED • SPLIT PREDICATED ON PERFORMANCE ??

  13. PLANNING AND DATA CONSIDERATIONS • SECTION 124 STATE LEADERSHIP • FUNDING POOLS—INNOVATIVE INIATIVES • “ESTABLISHING, ENHANCING, OR SUPPORTING SYSTEMS FOR • ACCOUNTABILITY COLLECTION • REPORTING DATA UNDER THIS ACT”

  14. PLANNING AND DATA CONSIDERATIONS • TITLE II --- TECH PREP • IF MAINTAINED • ALLOCATIONS BASED IN PART ON PERFORMANCE • IF CONSOLIDATED • RESERVE FUNDING BASIS

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