Detailed Attributes (Cont'd)

Provides premiums for degrees earned by low income and minority students

  • Provides premiums for degrees earned in STEM+H and high demand fields
  • Distributes state funds based on share of outcomes produced (i.e., provides like funding for like activities)
  • Uses hold harmless and stop loss provisions to provide gradual phase in (max 3% over 3 years)
  • Rewards percent growth above the sector average, once equilibrium is achieved

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