Some Universities Could Lose Funds Under Florida Performance Plan

A revamped performance funding plan approved Thursday by Florida's higher education governing board could result in some universities having money taken away from them, The Miami Herald reported. State policy makers have increasingly adopted performance funding systems for colleges in recent years, but most such approaches use them to allocate new funds -- taking existing funds away is unusual. Under the new Florida system, which changes an earlier approach, an institution that doesn't score a minimum number of points under the scoring system would lose 1 percent of its funding in 2014-15, in addition to being ineligible for performance funds, the Herald reported.