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2014

Higher Education

Education, Higher -- United States -- Finance

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Tennessee: The Birth And Development Of Performance-Based Funding In Higher Education, Evan Williams May 2014

Tennessee: The Birth And Development Of Performance-Based Funding In Higher Education, Evan Williams

Honors Theses

Tennessee was the first state to introduce performance based funding metrics into their higher education system in 1979. Over the past 30+ years, the state reevaluated and amended their formula every five years. What was initially an additional allocation that could be earned on top of an institution’s standard budget has now become the sole method of allocating funds for higher education in Tennessee. In 2010 the Tennessee legislature passed the Complete College Tennessee Act, Which put the state on the path to be the first state in the nation that allocates 100% of higher education funds on the ...