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SCH Based Formula Funding

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heriberto
10 diapositives · 271 Views · Nov 13, 2012

SCH Based Formula Funding. April, 2001. Formulas and State Funding. Appropriation Cycles and Base Periods SCH Driven vs. Other Formulas SCH formulas Cover Various Items Census Dates and Official Enrollments Role of the Texas Higher Education Coordinating Board .

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SCH Based Formula Funding
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  1. SCH Based Formula Funding April, 2001

  2. Formulas and State Funding • Appropriation Cycles and Base Periods • SCH Driven vs. Other Formulas • SCH formulas Cover Various Items • Census Dates and Official Enrollments • Role of the Texas Higher Education Coordinating Board

  3. Formula Calculation Rules • Each Single Student Enrollment in Each Section Generates Separately • Each Student Has a Funding Level Based on His or Her Classification • Each Course Has a Funding Group Based on Its Subject Matter • Each Course Has a Funding Level

  4. Course Funding Groups and Levels • Formulas

  5. Funding Multipliers • Dollar Multipliers • Current Biennium $54.44 • House Bill for Next Biennium $56.65 • Other Factors Are Under Discussion

  6. Calculations • To Get the Value of Each SCH Multiply the Dollar Multiplier for the Current Year by the Formula Number for the Student and Course • Funding Is at the Minimum of the Student and the Course • Example: A Senior Taking a Sophomore Level Music Course (Fine Arts Group) Funds at 1.85 X the Dollar Multiplier

  7. What Counts and What Doesn’t • With a Couple of Exceptions, Only Three Things Count – the Student’s Level, the Course’s Level, and the Course’s Funding Group • Class Size, Mode of Instruction, Location, And Contact Hours Do Not Count • Exceptions- 30 Hour Rule, 99 Hour Rule, Undergraduate Supplement

  8. Why It Matters • Example – A Three Hour Enrollment in a Doctoral Level Engineering Course by a Doctoral Student Earned 3 X 21.40 X $54.44 = $3595.04 X 2 = $6990.10. The Same Enrollment by a Masters Level Student Earned 3 X 8.20 X $54.44 = $1339.22 X 2 = $2678.44

  9. How to Manage It • Be Honest – A Course in Chaucer Doesn’t Belong in the Engineering Funding Group Even If It Would Pay Off Better • Be Aggressive – A Course in Entomology Might Easily Qualify for Either an Agriculture or a Science Grouping. Pick the One that Funds Better

  10. Specific Suggestions • Classify Graduate Students Correctly – It Pays to Be a Doctoral Student • Pick the More Advantageous Funding Group When You Create a New Course or Change an Old One • Make Graduate Courses Doctoral Level Courses