MSVCC P and P Revised

1/5 Full-Time Equivalent (FTE) Formula All MSCC hours provided during the summer, fall and spring semesters will be divided by 24 to determine the number of FTE. These hours are not broken out in a separate section of the appropriation, but are included in the academic, technical and vocational categories. Academic, technical and vocational categories are weighted at 1.0. 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 MCCB and the participating colleges. The MACJC on November 28, 2017, and the MCCB on December 8, 2017, voted to approve changes that will be implemented beginning July 1, 2018. The changes are as follows:  Remove “part-time” FTE host/provider incentive and replace with “shared” FTE host/provider  Charge $0.90 cent per all SSCH from $12.00 per MSVCC course enrollment per student  Implement a one-time Hold Harmless provision. The provisions to the funding formula provide a more equitable and sustainable model which promotes sharing, decreases duplications, and provides greater autonomy of local online courses All MSVCC provider semester credit hours for the summer, fall and spring semesters of the prior year are divided by 30 to determine the number of FTEs and are included in the academic, technical and career categories. Academic, technical and career categories are weighted at 1.0. MSVCC students must be actually enrolled and in attendance the last day of the sixth week of each semester, or its equivalent, and reside within the state of Mississippi to qualify for funding. In addition to the above allocation, MSVCC shared host and provider hours may qualify for incentive funding on the basis of the prior year full-time equivalency of MSVCC shared hours during the summer, fall and spring semesters. To be considered in this separate section of the formula, the MSVCC student at the “host” institution must be taking the course from another “provider” institution. Those semester credit hours being hosted by one institution shall receive funding at the weight of 0.75 and those semester credit hours being provided by one institution shall receive funding at the weight of 0.25. State Funding for the Mississippi Virtual Community College Consortium, ADOPTED December 2017

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