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Friday, Jul 25, 2014

A Few Clouds, 64 °F

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Roderick J. McDavis

President Roderick J. McDavis

Photo courtesy of: University Communications and Marketing

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President discusses governor's proposed SSI funding formula for higher education


On Friday, Ohio University President Roderick J. McDavis sent this email to all faculty, staff and students:



Dear Ohio University students, faculty and staff,

Included in the implementation language of Governor John Kasich’s proposed two-year budget is a new funding formula for higher education that rewards institutions based on degree completion. Today, we received projected funding figures for fiscal year 2014, which are based on the governor’s proposed operating budget.

While one of our regional campuses has a projected decrease, our regional campuses have a projected gain in state share of instruction (SSI). In addition, the second year of the biennium will include the merger of our Athens and regional campuses subsidy including allocations for degrees granted on our regional campuses, which we anticipate will further strengthen funding for our regional campuses. 

Please keep in mind that the projected figures are subject to change as the Ohio General Assembly works its way through the budget process and that SSI is only a portion of our total budget. To read the expected change in SSI for each Ohio University campus, click here.

Ohio public higher education was one of the few program areas in Governor Kasich’s budget that received an increase in funding. The proposed budget includes a 1.9 percent increase in each fiscal year of the budget for higher education. This represents a total new investment in higher education of $100 million over the biennium.

We thank Governor Kasich for his continued support of higher education and his recognition of the important role it serves as a gateway of opportunity for the people in our state. The new formula coupled with the governor’s strategic investment in higher education will help Ohio University continue to provide high-quality transformational educational experiences for our students.

Cordially,


Roderick J. McDavis

President