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ERIC Number: ED420271
Record Type: Non-Journal
Publication Date: 1997-Dec-15
Pages: 56
Abstractor: N/A
Reference Count: N/A
ISBN: N/A
ISSN: N/A
Higher Education Funding Recommendations. 1989-99.
New Mexico Commission on Higher Education.
This report presents the recommendations of the New Mexico Commission on Higher Education for funding public institutions of higher education in fiscal year 1998-99. An executive summary notes the recommendations' four key components: (1) a $28.7 million overall increase in higher education funding; (2) a commitment by institutions and the Commission to implement clear accountability measures; (3) a commitment by the institutions and the Commission to implement performance-based funding measures and to aggressively address deficiencies in retention rates, graduation rates, and quality assessments; and (4) a commitment by the institutions and the Commission to work through an Excellence in Higher Education Investment Fund to respond rapidly to specific state-level issues. The report presents six specific funding recommendations in order of priority, including base funding, compensation increases, and equipment replacement. An additional 14 recommendations that answer other needs are also listed. After an overview of the recommendations, tables present detailed financial data for instructional and general funding presented separately for four-year and two-year institutions, for the equipment replacement formula, and for the building renewal and replacement formula. Tables also detail financial recommendations for special schools: medical, military, and for the deaf and visually handicapped. (DB)
New Mexico Commission on Higher Education, 1068 Cerrillos Road, Santa Fe, NM 87501.
Publication Type: Opinion Papers
Education Level: N/A
Audience: Policymakers
Language: English
Sponsor: N/A
Authoring Institution: New Mexico Commission on Higher Education.
Identifiers - Location: New Mexico