The Official Website of the State of Arkansas | Arkansas.gov
POLICY DESIGN PRINCIPLESIncent institutions to reduce time to degreeReward usage of predictive analyticsModel reflects student needPromotes collaboration across institutions to foster more seamless transitions for studentsFunding should be fair and achievableEncourage all institutions of higher education to work collaboratively to support student success. Operational - collective needs of the state should be paramount.Will be transitional, include hold-harmless provisions for a limited period of time and permit time for planning for the new funding modelGuarantee institutional funding stability while encouraging flexibility and innovationProvides latitude for innovation without punitive resultsPrioritize scarce resources to the most underserved, at-risk and vulnerable students firstAlign funding with successful outcomes for underserved studentsIncludes workforce aligned credentials (not degree only) plus certificationsProvide innovation/experimental spacesIncents reforms or broader adoption of alternate delivery models (e.g. remedial reform plus credit recognition)Create a dynamic model that allows for changing institutional, regional and state conditionsReflect individual institutions’ mission plus student driven needsIntegrate HE with business and industry to educate an evolving workforceModel considers other financial revenue strands (financial aid plus tuition)Align funding, tuition and financial aid to maximize affordabilityReward increases in student success and achievement and avoid punitive damagesProvide funding based on diversity of students and programs ................
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