6 CAR § 362-102 – Guiding principles

(a) Student-centered. The model should place at its center students and student’s needs including both access to and completion of meaningful and quality postsecondary learning.
(b) Outcomes.
1. (1) The model should focus on completion, and particularly on completions of under-served and at-risk students and completions in areas of need by the state and industry.
2. (2) This structure should recognize differences in investment associated with meeting the evolving needs of:
  1. (A) Students;
  2. (B) The workforce; and
  3. (C) The state.
(c) Collaboration. The model should provide incentives for cross-institutional collaboration and reward the successful transition of students across institutions.
(d) Supporting institutional mission. The model should respect and be responsive to the diverse set of missions represented by each public institution of higher education.
(e) Formula structure. The model should maintain clarity and simplicity.
(f) Flexibility. The model should be adaptable in the face of a dynamic institutional and external environment.
(g) Stability and transition.
1. (1) The model should support short-, mid-, and long-term financial stability of the public institutions of higher education, while focusing attention on:
  1. (A) Outcomes; and
  2. (B) The goals of the state.
2. (2) The transition from the current funding formula to a productivity-based funding formula should allow for a managed and intentional transition process which mitigates negative impact at any one (1) or group of institutions.