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Tag Archives: formula

Board approves new funding scheme for state universities

AROUND MISSISSIPPI — Mississippi University for Women, the University of Mississippi and Alcorn State University will get financial boosts under a new formula to distribute state money among Mississippi’s eight public universities. The College Board approved the formula yesterday without amendments, although some members had objected in a recent committee meeting to funding levels for nonresident students. Higher Education Commissioner ...

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Full board to weigh new university funding formula

JACKSON — A College Board committee is moving forward a plan to change how state money is distributed among Mississippi’s eight universities. The board’s Finance Committee voted  to send the proposal to the full board for consideration tomorrow, but not before one board member sharply questioned state subsidies of non-Mississippi residents. Higher Education Commissioner Hank Bounds says the new formula ...

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Gap between school funding formula, appropriation widening

JACKSON — The gap between the state’s school funding formula and money actually being appropriated could widen past $300 million next year, raising new questions about the formula’s future. Interim state Superintendent Lynn House told legislative budgeters the Mississippi Adequate Education Program will need $300.6 million more in the 2014 budget year than it received this year to reach full ...

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