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ERIC Number: ED409766
Record Type: Non-Journal
Publication Date: 1990-Jul
Pages: 11
Abstractor: N/A
Reference Count: N/A
ISBN: N/A
ISSN: N/A
State Funding for Public Higher Education: The Instructional Subsidy.
Ohio State Legislative Office of Education Oversight, Columbus.
This memorandum describes the calculations used to figure the instructional subsidy for postsecondary education in Ohio, focusing on why the model operates as it does and the implications of the current funding model. The two principle factors in the instructional subsidy model are institutional enrollments and actual costs. The model begins with the cost estimates for 15 different academic program categories, adjusted for inflation and multiplied by anticipated enrollments, which yields an estimate of total institutional costs in five major cost elements. Final estimates result from subtracting student fees and other local revenues from total expected spending. Illustrative data are provided for a fictional institution with an estimated enrollment of 1,000 students. This formula-driven mechanism for state funding is based on legislative decisions made nearly three decades ago and is relatively complex due to the varied size and type of institutions funded under the model and the need to moderate funding declines for institutions experiencing temporary enrollment declines. It is concluded that although complex, the instructional subsidy model allows the General Assembly to set general levels of overall spending for public postsecondary education relatively quickly and easily. (MDM)
Publication Type: Legal/Legislative/Regulatory Materials
Education Level: N/A
Audience: Policymakers
Language: English
Sponsor: N/A
Authoring Institution: Ohio State Legislative Office of Education Oversight, Columbus.
Identifiers - Location: Ohio