Professional Report

CCP Funding

STARTING HERE…

• Funding formulas based on per college credit hour basis

• Ceiling and Floor based on 83% of K-12 per-pupil foundation funding amount FY15 Example:

Per-pupil foundation amount = $5,800 Ceiling = $160 ($5,800 / 30 X 83%) Floor = $40 ($160 X 25%)

• IHE and District are encouraged to negotiate local agreement within Floor and Ceiling. The default structure highlighted on the “Funding Scenarios” chart applies if no alternative agreement is negotiated.