FY 2018 Funding Formula Booklet 2_21_18

Mississippi Public Community and Junior Colleges Funding Formula State Dollars Per Student FY 1996 to FY 2018

Career/

Part-time Academic

Part-time Vocational

Assoc. Degree

Allied Health

Fiscal Year

Academic

Technical

Vocational

Nursing

MSVCC

Majors

1995-1996 1996-1997 1997-1998 1998-1999 1999-2000 2000-2001 2001-2002 2002-2003

2,883.98 2,767.14 3,128.53 3,218.94 3,560.33 3,146.69 2,640.35 2,288.88

3,431.94 3,292.89 3,722.95 3,723.44 4,253.43 3,744.56 3,142.02 2,723.77

1,095.91 1,051.51 1,188.84 1,188.99 1,356.03 1,195.75 1,003.33 869.77

1,610.86 1,474.90 1,702.65 1,714.19 1,931.21 1,730.68 1,452.20 1,258.89

NA NA NA NA NA NA NA

2,883.98 2,797.14 3,128.53 3,128.94 3,562.34 3,146.69 2,640.34 2,288.88

NA NA NA NA NA NA

NA NA NA NA NA NA NA NA

1,610.61 1,258.89

1,258.89

(Value for "Campus" Only) 2003-2004 (1st year of FTE phase-in) (4/5 = Headcount, 1/5 = FTE) 2004-2005 (2nd year of FTE phase-in) (3/5 = Headcount, 2/5 = FTE) 2005-2006 (3rd year of FTE phase-in) (2/5 = Headcount, 3/5 = FTE) 2006-2007 (4th year of FTE phase-in) (1/5 = Headcount, 4/5 = FTE) 2007-2008

2,126.55

2,466.04

1,018.74

982.74

982.74

2,191.10

982.74

404.31

1,773.74

1,928.84

1,284.58

656.20

656.20

1,884.07

1,236.85

690.98

1,594.46

1,640.56

1,433.08

422.65

422.65

1,751.39

1,248.65

982.93

1,918.19

1,918.19

1,918.19

271.96

271.96

2,188.70

1,695.68

1,694.22

2,138.69

2,138.69

0.00

0.00

2,545.05

1,069.35

2,545.05

2,138.69

(5th and final year of phase-in 100% FTE) 2008-2009 (Before Cuts) 2009-2010 (Before Cuts)

2,141.18 1,978.15 1,394.07 1,564.29 2,069.71 2,342.84 2,606.63 2,779.09 2,737.14 2,396.55 (1,163.78) -32.69%

2,141.18 1,978.15 1,394.07 1,564.29 2,069.71 2,342.84 2,606.63 2,779.09 2,737.14 2,396.55 (1,856.88) -43.66%

2,141.18 1,978.15 1,394.07 1,564.29 2,069.71 2,342.84 2,606.63 2,779.09 2,737.14 2,396.55

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

2,548.01 2,354.00 1,658.94 1,861.50 2,462.95 2,787.98 3,101.89 3,307.12 3,257.20 2,851.89 (710.45) -19.94%

1,070.59 989.07 697.04 782.14 1,034.85 1,171.42 1,303.31 1,389.55 1,368.57 1,198.28

2,548.01 2,354.00 1,658.94 1,861.50 2,462.95 2,787.98 3,101.89 3,307.12 3,257.20 2,851.89

2010-2011 2011-2012 2012-2013 2013-2014 2014-2015

2015-2016 (Before Cuts) 2016-2017 (Before Cuts) $ Per Student FY18 > FY00 % Per Student FY18 > FY00 2017-2018

1,040.52

NA NA

NA NA

NA NA

NA NA

76.73%

2/20/2018F:\18ftefundingformula_final_8_11_17

44