After years of being short-changed by the state’s funding formula for universities, Portland State stands to benefit under a new plan approved by the Higher Education Coordinating Commission.
The commission voted to make sweeping changes to the way state aid is distributed, basing future payments on outcomes that emphasize educating underrepresented students, degree completion and high-need degrees.
Under those conditions, PSU would receive a bigger share of state funding. Currently, PSU receives the lowest amount per student of any of the seven public universities.
President Wim Wiewel applauded the commission for improving an unfair system, but said the changes don’t go far enough. Even under the new formula, he said, PSU will continue to receive less per student than the other universities.
“This is particularly unfortunate since PSU educates the largest number of low-income and underrepresented students of any Oregon public university,” Wiewel said in a memo to the commission.
Under the current formula, PSU receives $12,254 per degree. That compares with $21,722 per degree at Oregon State University and $15,116 per degree at the University of Oregon. Smaller regional universities get even higher amounts per degree.
How much PSU will receive under the new formula depends on how much money the Oregon Legislature approves for the higher education budget this year. PSU has joined the other universities in requesting a total of $755 million in the upcoming two-year budget. That would put them at roughly the same level of funding they got in 2007 -- not accounting for inflation or expanding enrollment.
For more on this topic and related topics....read President Wiewel's April 14 Campus Memo
President Wiewel's open office hours at the
Simon Benson House
Thursday, 5/15 from 9 - 10am.
Friday, 5/29 from 2 - 3pm.