COLUMBUS, Ohio (AP) – State funding formulas for Ohio’s two-year public colleges are now tied to graduation rates and course completion rather than enrollment.
The changes that kicked in Thursday have been in effect at Ohio’s four-year schools.
Two-year colleges will now be able to join four-year institutions in offering students a single tuition rate during their time on campus and the new funding formula provides more money for some low-income, minority and older students.
Additionally, the changes establish a mechanism for encouraging international students to study and remain in Ohio, give veterans an opportunity to receive college credit for military training and experience and streamline the state’s system of offering college-credit courses to high school students.
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