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August 4, 2011

NATIONAL EXPERT TO BRIEF IBHE ON PERFORMANCE FUNDING

SPRINGFIELD – As state leaders take the first steps toward implementing performance-based funding for higher education, the Illinois Board of Higher Education (IBHE) will hear from a respected national consultant who has helped several states figure out how to use performance in meeting state goals in financing public colleges and universities.

Brenda Norman Albright, a former high-level official with the Tennessee Higher Education Commission and the first executive director of the National Postsecondary Education Cooperative, will discuss models of higher education performance funding with Board members at the Chicago School of Professional Psychology at 1 p.m. August 16th.

“Performance-based funding is one of the most significant undertakings of the Board of Higher Education, and we are fortunate to have someone with the extensive experience and national reputation in this field to advise us as we move forward,” Carrie J. Hightman, IBHE Chairwoman, said.

Albright brings a wealth of experience to the subject of performance funding as well as institutional productivity and higher education budgeting. She has worked with more than 25 states on various issues related to performance-based funding models in higher education, including Ohio, Louisiana, Missouri, New York, Florida, Maine, and North Dakota.

Illinois’ venture into performance funding is the result of passage of House Bill 1503, which directed the Board of Higher Education to create a formal process for developing a performance funding scheme for Illinois, with participation by legislators, educators, faculty unions, and business leaders.

The IBHE recently convened a broad-based steering committee to assist with devising the metrics for evaluating performance in meeting  various degree and course completion goals. Under HB 1503, the new funding approach is to be integrated, in some fashion, into the Board’s fiscal 2013 budget recommendations to the Governor and General Assembly. The steering committee’s effort is expected to run through the fall and early winter.

Performance funding is regarded as the linchpin for meeting the state’s “60 x 25” goal of having 60 percent of adult Illinoisans with college degrees or marketable postsecondary certificates by 2025.

“The Board is committed to dramatic increases in college attainment as one of the fundamental goals of the Illinois Public Agenda for College and Career Success,” Chairwoman Hightman said.  “Introducing performance funding into the budgeting process is a pivotal step in that direction. The Board welcomes the opportunity to become better informed about this crucial initiative.”

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