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Main Author: Reed, Bevington
Format: Recurso educativo Open Access
Language:en
Published: 1972
Subjects:
Online Access:https://eric.ed.gov/?id=ED068026
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author Reed, Bevington
author_facet Reed, Bevington
Reed, Bevington
collection Education Resources Information Center
contents Special Funding Formula for State-Supported Upper-Level Institutions. Reed, Bevington Cost Effectiveness Educational Economics Educational Finance Educational Planning Higher Education Program Budgeting Resource Allocation Upper Division Colleges Upper level colleges, those institutions offering only junior and senior year baccalaureate programs and programs leading to master's and doctoral degrees, could be funded under the same formulas as other colleges and universities, but the development of a special funding formula is highly recommended. In the state of Texas, the funding formula for 4-year institutions has been broken down into specified areas such as General Administration, Student Services, Departmental Operating Expense, Organized Research, etc. It is felt that 3 areas in the funding formula deserve special consideration when planning for the upper level college. These are student services, library support and faculty salaries. The area of student services should be examined carefully to insure that adequate funds are available for good, individual counseling in upper level institutions. The formula for library support also needs to be studied carefully to determine whether or not the present formula for 4-year institutions would be equitable to meet the needs of institutions offering only upper level and graduate work. There are distinct differences in the costs of salaries for teaching lower division and upper division courses, since lower division courses are generally taught by less experienced and lower salaried persons and upper division courses are generally taught by more experienced and higher salaried professors. Thus, it stands to reason that a separate funding formula for faculty salaries would be called for. (HS)
format Recurso educativo Open Access
id eric_ED068026
institution ERIC Institute of Education Sciences
language en
publishDate 1972
record_format eric
spellingShingle Special Funding Formula for State-Supported Upper-Level Institutions.
Reed, Bevington
Cost Effectiveness
Educational Economics
Educational Finance
Educational Planning
Higher Education
Program Budgeting
Resource Allocation
Upper Division Colleges
Special Funding Formula for State-Supported Upper-Level Institutions. Reed, Bevington Cost Effectiveness Educational Economics Educational Finance Educational Planning Higher Education Program Budgeting Resource Allocation Upper Division Colleges Upper level colleges, those institutions offering only junior and senior year baccalaureate programs and programs leading to master's and doctoral degrees, could be funded under the same formulas as other colleges and universities, but the development of a special funding formula is highly recommended. In the state of Texas, the funding formula for 4-year institutions has been broken down into specified areas such as General Administration, Student Services, Departmental Operating Expense, Organized Research, etc. It is felt that 3 areas in the funding formula deserve special consideration when planning for the upper level college. These are student services, library support and faculty salaries. The area of student services should be examined carefully to insure that adequate funds are available for good, individual counseling in upper level institutions. The formula for library support also needs to be studied carefully to determine whether or not the present formula for 4-year institutions would be equitable to meet the needs of institutions offering only upper level and graduate work. There are distinct differences in the costs of salaries for teaching lower division and upper division courses, since lower division courses are generally taught by less experienced and lower salaried persons and upper division courses are generally taught by more experienced and higher salaried professors. Thus, it stands to reason that a separate funding formula for faculty salaries would be called for. (HS)
title Special Funding Formula for State-Supported Upper-Level Institutions.
topic Cost Effectiveness
Educational Economics
Educational Finance
Educational Planning
Higher Education
Program Budgeting
Resource Allocation
Upper Division Colleges
url https://eric.ed.gov/?id=ED068026