S.C. Code Regs. § § 62-730

Current through Register Vol. 48, No. 10, October 25, 2024
Section 62-730 - Performance Funding Allocation Plan

As required by Section 59-103-45(4)(d), the Commission on Higher Education will utilize a mechanism to determine the funding needs of the State's postsecondary education institutions. This methodology, referred to as the Mission Resource Requirement (MRR) model, is based on national and regional data sources. The Commission on Higher Education will determine annually the allocation of available state funds to meet institutional need based on performance in achieving standards.

S.C. Code Regs. § 62-730

Added by State Register Volume 22, Issue No. 5, eff May 22, 1998. Amended by State Register Volume 25, Issue No. 5, Part 2, eff May 25, 2001.