In an effort to reduce state spending on special education in public schools, New Jersey moved to census-based funding as part of the new school funding formula, the School Funding Reform Act (SFRA), adopted in 2008. The census approach funds all districts using the statewide average classification rate and a statewide average "excess…

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…

Adequacy of funding for public institutions of higher education in the United States is significantly important to an array of stakeholders, including, state legislative bodies, decision-makers in the arena of higher education, and notably, consumers of higher education. State allocation of resources for higher education demonstrates variability,…

This study adds to the debate that both basic and applied research enhance each other; likewise, the arts and science disciplines are equally relevant in solving complex societal and environmental problems. Thus, investment in one should not lead to a deprivation of the other. One may suppose that although both basic and applied research remains a…

In Turkey, the financial resource of state universities is mainly depending to the national centralized budget. The amount of financial resources to a university is determined after end of a series negotiations with the central government for each year. The total budget of a state university is classified into five main headings: (1) personnel…

A strategy for allocating merit-based awards and need-based aid is critical to a university. Such a strategy, however, must address multiple, sometimes competing objectives. We introduce an approach that couples a gradient boosting classifier for predicting outcomes from an allocation strategy with a local search optimization algorithm, which…

Statement of Purpose and Method of Study: Historically, Mississippi has lagged behind the rest of the nation in student achievement and funding for education. This comparative quantitative study investigated whether significant differences in student achievement as measured by mean composite ACT scores of high school juniors in Mississippi public…

Education as an investment constitutes the largest enterprise in Nigeria. It is the principal instrument for academic progress, social mobilization, political survival and effective national development of any country. Investment in education is a necessary condition for promotion of economic growth and national development. Educational…

Examining resource allocation practices, including savings, of charter schools is critical to understanding their financial viability and sustainability. Using 9 years of finance data from California, we find charter schools spend less on instruction and pupil support services than traditional public schools. The lower spending on instruction and…

This Analysis Brief shows how per-pupil spending varies with student poverty (as measured by the percent of students eligible for free or reduced price lunch) across elementary, middle, and high schools in Pasadena Unified School District (PUSD). The authors have carried out separate analyses that make use of the California Standardized Account…

The international imperative for postsecondary education is growing, and the President has asked states to help America once again become the world leader in postsecondary attainment by 2020. It is not surprising that both policymakers and state higher education executives are taking a close look at how colleges and universities utilize resources…

Information technologies (IT) continue to grow in importance for independent colleges and universities. Increasingly, students assume a digital world, from online application and registration, to course materials, to communicating with classmates and professors. To stay competitive for students as well as to enhance instructional and…

Budgets operationalize the strategic planning process, and institutions must have surplus revenue to be able to cope with future operations. There are three approaches to generate surplus revenue: increased revenue, decreased cost, and reallocation of resources. Extending their earlier work, where they established strategic benchmarks for annual…

Within the population of students with disabilities there is a broad range of levels of expenditures. A few students with very high levels of needs can have a serious impact on the budget of an individual school district. The recent IDEA reauthorization allows state-level "local educational agency risk pools" to help distribute the…

In recent decades, a growing number of countries have sought innovative solutions to the substantial challenges they face in financing tertiary education. One of the principal challenges is that the demand for education beyond the secondary level in most countries around the world is growing far faster than the ability or willingness of…