Input sought on new higher ed funding models

dhelogoThe Colorado Department of Higher Education will conduct a 5:30 p.m. to 7 p.m. public meeting Oct. 9 at El Pomar Penrose House Conference Center, 1661 Mesa Avenue, to discuss the future of Colorado public higher education funding.

Chancellor Pam Shockley-Zalabak encouraged faculty, staff and others interested in the future of public higher education, to attend.

“It is important to understand the state’s priorities regarding higher education and share your view that higher education provides value to the state’s economy and its society,” Shockley-Zalabak said.

Last spring, HB14-1319 was signed into law. The bill requires the CDHE to develop a new base funding formula to allocate state general fund dollars among the state’s public institutions of higher education. This new funding model will be implemented in the 2015-16 fiscal year and will include allocation of the Colorado Opportunity Fund stipends for undergraduate study and new Fee-for-Service contracts for graduate-level programs. Components of the new funding model will include the stipends and graduate contracts, the role and mission of the institutions, admissions selectivity, number of campuses, location, enrollment, programs and performance.

The Colorado Commission on Higher Education must also submit to the Legislature tuition policies that ensure both accessible and affordable higher education for residents.

The event is sponsored by El Pomar Foundation’s Forum for Civic Advancement in partnership with the Keystone Center and Engaged Public.

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