Professional Report

CCP Funding

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• Funding formulas based on per college credit hour basis

• Ceiling and Floor based on 83% of K-12 per-pupil foundation

funding amount.

At no time will District be required to pay a per

credit hour rate more than the Ceiling.

FY15 Example:

Per-pupil foundation amount = $5,800

Ceiling = $160 ($5,800 X .83 / 30)

Floor = $40 ($160 X 25%)

Note: “30” is the number of credits earned by a full-time college student.

• IHE and District are encouraged to negotiate a local agreement

(Alternative Funding Structure agreement)

within Floor and

Ceiling. When no alternative agreement is negotiated, the Default

funding structure applies.