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CCP Funding
STARTING HERE…
• Funding formulas based on per college credit hour basis
• Ceiling and Floor based on 83% of K-12 per-pupil foundation
funding amount
FY15 Example:
Per-pupil foundation amount = $5,800
Ceiling = $160 ($5,800 / 30 X 83%)
Floor = $40 ($160 X 25%)
• IHE and District are encouraged to negotiate local
agreement within Floor and Ceiling. The default structure
highlighted on the “Funding Scenarios” chart applies if no
alternative agreement is negotiated.