Winners, losers seen in college funding process - Eric Weddle, Journal Courier Online

The winners and losers for state higher education funding in the next two-year budget cycle are becoming clear. Two colleges stand to lose a combined $17.7 million in appropriations. Ivy Tech Community College may get boosted by nearly $15 million. The performance-based funding model, created by a state commission, rewards campuses for areas such as on-time graduation rates and degrees earned by low-income students. A draft version of the competitive formula released this month is the first step in the debate for 2013-15 budget appropriations. Lawmakers will use these recommendations to decide next year what each college will receive in taxpayer support. These recommendations are not final.