Read the original story in The Oregonian here.
Portland State University won the biggest merit award from the State Board of Higher Education for 2011-12 because it graduated more Oregon residents, and more rural and minority Oregonians, than any of the state's six other public universities.
For that, the board awarded PSU a bonus of nearly $1 million Friday.
To encourage the universities to graduate more students, particularly rural and minority students who historically have earned relatively fewer four-year degrees, the higher education board set aside $3.6 million to reward results.
For 2011-12, universities could collect a $111 bonus for every Oregon resident awarded a degree and a $534 bonus for every rural or minority student who earned one.
PSU, the state's biggest public university with 28,700 students, had a leg up on the others.
Portland State led in both categories, awarding 4,889 degrees to state residents and 818 to rural and minority Oregonians. Oregon State University was second-highest in both categories.