November 21, 2011
PERFORMANCE FUNDING FOR STUDENT SUCCESS
IBHE poised to make final recommendations for funding higher education based upon course and degree completion measures
SPRINGFIELD – In August 2011, Governor Pat Quinn signed into law Public Act 97-320 directing the Illinois Board of Higher Education (IBHE) to create a broad-based committee to develop a funding model for community colleges and public universities based upon degree completion. On December 6, the Board will receive a progress report from the Performance Funding Steering Committee recommending a new approach to state funding that promotes the key goals of the Illinois Public Agenda for College and Career Success, by focusing on increasing completion of college courses, certificates, and degrees, with special emphasis on students who are academically or financially at risk.
“The Board will hear from several steering committee members, including Lieutenant Governor Sheila Simon, the Governor’s point person for education,” Carrie J. Hightman, IBHE Chairwoman said. “We are honored that three other committee members, Julie Smith, the higher education official from the Governor’s Office, and State Senator Ed Maloney and State Representative Bob Pritchard, key members of the Illinois General Assembly who sponsored the enabling legislation, will also offer their perspectives on performance funding.”
The IBHE will meet at 1:00 p.m. on December 6 at Moraine Valley Community College in Palos Hills.
The steering committee has met five times since July 2011. In addition to the Governor’s office, the Lieutenant Governor, and several legislators, the committee includes representatives from institutions of higher education, faculty, students, business, and other higher education groups. The Illinois Community College Board and the Illinois Student Assistance Commission also have participated as full members.
“The steering committee, under the leadership of our Executive Director, Dr. George Reid, has provided the Board with essential guidance on how best to implement a key goal of the Illinois Public Agenda: increasing the number of Illinoisans successfully completing college,” Hightman noted.
The committee was charged with devising a system of performance metrics by which the IBHE shall allocate funds to public institutions of higher education. As a result of the steering committee’s work, the IBHE will include allocations to public institutions of higher education based upon performance metrics designed to promote and measure student success in degree and certification completion in budget recommendations to the Governor and General Assembly, beginning in Fiscal Year 2013.