An increase of over 100% in program expenditures for the Pell Grant program over a five year period of time, from $14.7 billion in the 2007-08 award year to $33.4 billion in the 2011-12 award year, places an otherwise popular program under scrutiny. This article considers the factors and options informing federal policy related to the Pell Grant…

Econometric cost functions have begun to appear in education adequacy cases with greater frequency. Cost functions are superficially attractive because they give the impression of objectivity, holding out the promise of scientifically estimating the cost of achieving specified levels of performance from actual data on spending. By contrast, the…

This document supports the Cost Allocation Plan for state costs incurred on behalf of, and in benefit to, the public higher education institutions of Ohio. Tables report a summary of recalled/refunded debt and initial adjustment of Fiscal Year 2006 interest payments fore refunded debt. Attached schedules calculate the allocable interest for each…

This is the fourth biennial study of instructional costs for state institutions of higher education, and is the basis for the higher education commission's development of budget formulas. The basic unit of measurement is the student credit-hour; professional salaries, support salaries, operating expenses, and equipment charges are allocated to the…

Because 66 of New Mexico's 89 public school districts experienced declines in 1981-82 enrollments and most were unable to decrease educational costs at the same rate as their decline in enrollment, the legislature requested a study on effects of declining enrollment and possible adjustments to the school distribution funding formula to cushion…