Performance-based Funding for Higher Education

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Whether the criteria for receiving performance based funding is attached to well-defined student learning outcomes, graduation rates, degree-related statistics, employment rates, or the demographic statistics of graduates, achieving vital state funding is dependent on students’ preparedness for college level learning.

Twenty-five states currently have a funding formula in place that allocates some amount of funding based on performance.  (Arizona, Arkansas, Florida, Illinois, Indiana, Kansas, Louisiana, Maine, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, New Mexico, Nevada, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, South Dakota, Tennessee, Texas, Utah and Washington).  Five additional states (Colorado, Georgia, Montana, South Dakota and Virginia) have approved and are implementing a performance funding program. (NCGL, March 5, 2014)

Our Tennessee customers receive documentation of their achievement of critical thinking learning outcomes in their 100% performance-based funding state. Customers throughout the nation use Insight Assessment products to examine student readiness at program admission and document their educational effectiveness in their program graduates. Our online testing system provides you with the capacity to link assessment data to other educational or work-related data, or place the assessment within your learning management system.

Talk with an Insight Assessment representative about how others have added critical thinking assessment to their admissions and early cohort assessment procedures and how they document students’ strength in critical thinking as a criterion for receiving performance-based funding.

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