Dive Brief:
- Florida Atlantic University, University of West Florida, and New College of Florida stand to lose money under the state's "performance funding" plan.
- Schools are measured on 10 criteria and must earn at least 26 points out of 50 to get new funding; those earning 25 points or less risk losing funding.
- The criteria include measures such as percentage of bachelor's degree graduates employed or continuing their education, average wages of employed graduates, and the cost to the university per undergraduate degree.
Dive Insight:
New College of Florida says it's very close to reaching 26 points: Its president says just one more Pell Grant recipient enrolling would mean the difference in receiving $158,511 in funding.
