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ERIC Number: ED428638
Record Type: Non-Journal
Publication Date: 1999-Feb
Pages: 26
Abstractor: N/A
Reference Count: N/A
Financing Higher Education: An Annual Report from the States, 1999.
McKeown-Moak, Mary P.
This report summarizes trends in financing higher education in the United States and is based on various reports of state appropriations and a survey of state higher education finance officers. Among the highlights noted are: state appropriations to higher education reached $52.8 billion in fiscal year 99, an increase of 6.5 percent over the previous year; higher education's share of state general fund budgets increased for the first time in over a decade; appropriations per student have recovered since 1993 and have returned to their 1978 levels (in constant dollars); undergraduate resident tuition and fees at public universities and community colleges rose 4.2 percent in 1998-99; in academic year 1998, an estimated total of $60.5 billion in student financial aid was provided, an increase of 6 percent over 1997; 12 states have adopted some form of merit-based scholarship program; and 34 states have adopted some form of performance budgeting or performance funding. The report provides narrative analysis and data tables in the following areas: state appropriations, enrollment trends, pricing and financial aid trends, governance changes and performance funding, and emerging issues in 1999 legislative sessions. (Contains 17 references.) (DB)
State Higher Education Executive Officers, 707 Seventeenth St., Suite 2700, Denver, CO 80202-3427; Tel: 303-299-3686; Fax: 303-296-8332; e-mail:; Web site: ($16).
Publication Type: Reports - Descriptive
Education Level: N/A
Audience: Administrators; Practitioners
Language: English
Sponsor: N/A
Authoring Institution: State Higher Education Executive Officers Association.; MGT of America, Inc., Tallahassee, FL.