Basic Funding Model Explained

This model also allows for a phased in implementation, starting in fiscal year 2017, with full implementation by fiscal year 2020.

2019-2020

2018-2019

2017-2018

20% of general funds in fiscal year 2019-2020

2016-2017

16% of general funds in fiscal year 2018-19

14% of general funds in fiscal year 2017-18

12% of general funds in fiscal year 2016-17

Colleges are evaluated based on a point system, with total points earned calculated into a dollar amount. Metrics include: • Completion of College-Level Math and English • Retention • Credit Hour Accumulation • Earning Awards • Transfer

© 2017 VCCS Student Success Center

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