Pennsylvania Statutes Title 24 P.S. Education § 20-2032-L. Performance-based Funding Council

(1) Develop a process to distribute funding to the State-related universities.  The process shall utilize performance-based metrics designed to increase degree attainment, encourage affordability in higher education, meet workforce needs and grow the economy.

(2) Oversee the performance-based funding formula by assigning performance goals and weights.

(3) Make legislative recommendations to the Governor and the General Assembly regarding the performance-based funding formula.

(1) The Performance-based Funding Council is established.

(2) The council shall be reconstituted on the effective date of this subsection.  1

(1) Predictability to avoid dramatic changes over time to the individual institutions of higher education or the overall sector.

(2) Outcomes driven to align to the priorities of the Commonwealth.

(3) Transparency to increase public trust.

(4) Resources and incentives to increase student access and attainment.

(1) The council shall consist of voting members appointed under paragraph (2) and nonvoting members, who shall serve in an advisory role, described under paragraph (3).

(2) The voting members of the council shall consist of the following members:

(3) The nonvoting members of the council shall be:

(1) May consult with Commonwealth agencies and experts to assist in carrying out the duties of this section.

(2) May hold public hearings at the call of the chair to receive input from experts and interested parties.

(3) Shall develop recommendations for a process that utilizes performance-based metrics to distribute funding.

(4) Shall, no later than May 5, 2025, transmit the recommendations to the Governor, the board, the department and the General Assembly, including draft legislation to implement the process to distribute funding.

(5) Shall annually assign performance goals and weights under section 2035-L   2 for the performance-based funding formula.

(1) A fixed amount per State-related university to ensure ongoing operations.

(2) Incentive funding.

(3) Performance thresholds.

(4) The two-year and four-year graduation rate for first-time college students.

(5) The number and percentage of Pennsylvania undergraduate students enrolled who received a Pell Grant during the previous school year.

(6) The six-year graduation rate for students who are awarded a Pell Grant in their first year.

(7) The four-year graduation rate for baccalaureate students.

(8) Student retention rates.

(9) Bachelor's degree production per 100 full-time enrolled students.

(10) Net tuition and fees per 120 credit hours.

(11) Postgraduation employment rates and salaries, including wage thresholds that reflect the added value of an associate or baccalaureate degree.

(12) The number of students who attain credentials in high-priority occupations in this Commonwealth.

(13) The number of nontraditional students enrolled in a programs aligned to high-priority occupations in this Commonwealth.

(14) The number of high school students who are dual enrolled and the number of credits earned.

(15) The number of students who transfer to a State-related university with at least 24 college-level credit hours and the time to degree at the receiving institution.

(16) Other metrics provided by each State-related university.

(17) Other metrics related to higher education that the council deems appropriate.

(1) The Department of Labor and Industry and the department shall develop an analysis on postsecondary graduate employment outcomes for State-related universities, including earnings and employment outcomes for graduates by degree level, degree major and state in which an individual is employed.

(2) The council shall consider the information and analysis on postsecondary graduate employment outcomes as part of future recommendations by the council relating to improvement and affordability under section 2035-L(f).