Prior studies of means-testing in college financial aid formulas have analyzed the disincentives to save attributable to the inclusion of assets in the formulas. Such disincentives are only half of a standard incentives--insurance trade-off. When income is uncertain, a financial aid formula that conditions aid on assets and income provides…

The models used for funding universities today do not serve students, institutions, or states' labor market needs. Any model should include three principles: (1) Efficiency; (2) Transparency; and (3) Stability. As of today, there is not a single state successfully implementing all three principles in its funding systems. Most would be hard-pressed…

Amidst chronic disparities in per-student resources, how best to construct funding formulas to equitably fund colleges and universities is an enduring policy concern. This brief focuses on a historically overlooked financial mechanism, categorical funding, to examine its role in funding (in)equity. Leveraging illustrative data from four…

In the ever-evolving landscape of higher education research, the intersection of performance-based funding policy, export control laws, and research endeavors presents a complex web of challenges and opportunities. This dissertation explores this intricate interplay through two distinct yet interconnected lenses. The first paper, a law review…

This report shares recommendations for the distribution of federal government funding among Canada's post-secondary institutions. These recommendations include: (1) continue to increase federal support for investigator-led research to ensure high success rates; (2) increase funding for SSHRC through a re-balancing of Tri-Agency funding and permit…

The financial and economic environment in which Canadian universities operate has evolved in the last two decades, which include the 2008/2009 recession, the COVID-19 pandemic and the increased reliance on international student tuition fees as a source of revenue. Financial data from the Financial Information of Universities Survey (FINUNI) can…

In this paper, we report the description and evaluation of an annual workshop titled "Capacity Building Workshops for Competitive S-STEM Proposals from Two-Year Colleges in the Western U.S." which was offered in June of 2019, 2020, and 2021 with the goal of facilitating submissions to the NSF S-STEM program from 2-year colleges (2YCs).…

This study proposes a mission-oriented framework for funding public research institutions (PRIs). Using a multi-case study approach and focus group interviews, a comprehensive framework was developed and refined. The framework encompasses three main dimensions: funding mechanisms, the amount of government funding, and organizational arrangements…

Over the last two decades, public appropriations for Illinois have been cut in half, increasing tuition and fees for students and contributing to college population declines, underemployment, and hundreds of millions in lost future tax revenue. This document explains the issues facing public university funding in Illinois and lays out the case for…

A.C.A. §6-61-234 (Act 148 of 2017) directs the Arkansas Higher Education Coordinating Board (AHECB) to adopt polices developed by the Arkansas Division of Higher Education (ADHE) necessary to implement a productivity-based funding model for state-supported institutions of higher education. At its October 27, 2017 meeting, the AHECB approved the…

This chapter describes a comprehensive set of best practices for the evaluation of state formula funding models and state higher education funding in general, based on existing practices within the United States. It represents a review of practices that lead to stakeholder engagement as an objective, collaborative process.

Performance-funding for higher education diffused across the U.S. following the Great Recession that led to funding cuts for the system. Postsecondary funding never returned to pre-Recession levels, and public colleges are held to higher expectations even as the funding they might use to meet these expectations has diminished. This is a challenge…

State funding for public higher education institutions is crucial in supporting college access and completion, particularly among students from historically under-represented groups, yet little is known about the mechanisms that states use to allocate funds and how they are affected by financial challenges. This article provides the first detailed…

This article explores the strategic external funding goals and plans of action of Finnish universities of applied sciences (UASs) as articulated in their institutional strategies using the ecology-of-games metaphor. UASs are pressured to expand external funding sources compared to their previous student number-based funding history. The UASs'…

Policymakers commonly assert that Broad Access Institutions (BAIs) cannot be "all things to all people" when cutting their funding. BAIs were founded with comprehensive missions to generate postsecondary access through low barriers for admission and affordable tuition and promote student-centeredness through institutional foci on…