MSVCC Policies and Procedures Manual

State Funding for Mississippi Virtual Community College Consortium, ADOPTED June 10, 2001

During the fall semester, any combination of traditional and on-line semester credit hours

(SCH) that equal 12 or more will make a student full time (based on current

campus/center status), as long as all hours are hosted by the same college. This full-time

combination of all hours taken will be counted only once, regardless of the number of or

the type of hours above 12 SCH’s that are taken by a student. All Mississippi Virtual

Community College hours used in this combination will be counted only once, as long as

all hours are hosted and provided by the same college.

All other Mississippi Virtual community College hours generated during the summer, gall

and spring semesters will be totaled and divided by 24 to determine the number of FTE

students. Colleges will be compensated for each FTE student provided for during the

summer, fall, and spring semesters.

All students will register through their district’s host college. All hours generated during the

summer, fall and spring semesters that did not make a student full-time will be divided by

24 to determine the number of FTE students for all participating colleges that serve as host

only.

All colleges participating in the MSVCC will agree to basic MSVCC Operational

Guidelines and sign a Memorandum of Agreement (MOA) with the MCCB that outlines

the primary responsibilities of the MCCB and the participating colleges.

State Funding for the Mississippi Virtual Community College Consortium, ADOPTED May 5, 2003

Because FY 2004 is the first year of a five-year phase-in to an FTE funding formula, funding

for the Mississippi Virtual Community College is derived from two separate funding

formulas. The basis for counting virtual students and the amount of pay derived for virtual

students is different in each of the formulas. In the first year of the five-year phase-in, a

base amount plus four-fifths (4/5) of the traditional headcount formula is combined with

one-fifth (1/5) of the new full-time equivalent (FTE) funding formula to make up the full

amount of the formula.

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