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The Nexus
POLITICSJun 11 · 10:55 UTCMISSOURI INDEPENDENTAnnelise Hanshaw

Missouri higher education officials feel pressure to overhaul funding formula

Missouri higher education officials must finalize a new funding formula for public colleges by December 1 to avoid potential legislative intervention. The challenge lies in maintaining state aid at $1.1 billion while considering a 2023 study recommending a cost-based model with incentives for high-performing institutions.

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Missouri Department of Higher Education and Workforce DevelopmentorganizationCoordinating Board for Higher EducationorganizationNational Center for Higher Education Management SystemsorganizationMike KehoepersonBennett BoggspersonLeroy Wadepersonfunding formulatopicstate budgettopic
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