A comparative analysis of funding formulas applied to the North Carolina Community College System

UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
Lloyd William Cuthbertson (Creator)
The University of North Carolina at Greensboro (UNCG )
Web Site: http://library.uncg.edu/
Joseph E. Bryson

Abstract: The purpose of this study was to contrast the FTE funding formula used to fund the North Carolina Community College System with other funding formulas used in other states to fund their respective community colleges. The methodology for this study included surveying four senior level administrators—one representing either academic affairs, continuing education, financial affairs or student affairs--at each of the fifty-eight community colleges in North Carolina concerning the concepts of adequacy and equity in funding along with other factors that should be included in a funding formula. Predicated on an analysis of data, it was concluded that North Carolina's present FTE funding formula does not address the concepts of adequacy and equity in funding; that the formula should be expanded to include new program start-up funding, a more timely cost recovery system for the colleges, allowance for unanticipated program growth in the formula along with funding for equipment and facilities; and that North Carolina should consider revisions to its FTE formula to allow for differentiated funding based on program costs.

Additional Information

Language: English
Date: 1994
Universities and colleges $z North Carolina $x Finance

Email this document to