Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
PROVIDENCE, R.I. (AP) — Proposed legislation would require any new state aid for Rhode Island's three public colleges be based on performance measures intended to improve graduation rates and better preparing students for higher-paying jobs in growth industries.
The Providence Journal reports (http://bit.ly/1DYLU5g ) that the bill introduced Wednesday would require the Community College of Rhode Island, Rhode Island College and University of Rhode Island to meet performance-based funding targets to win state money beyond the base amount.
If approved, the new performance-based funding will begin in the 2018 fiscal year.
The performance metrics are to be agreed upon by the commissioner and presidents of the colleges, would be published online and revised when targets are met. If performance targets are not achieved, money will be distributed to the college for "corrective action" overseen by the commissioner's office.
___
Information from: The Providence Journal, http://www.providencejournal.com
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
