Based on the state higher education policy goals, incentive funding was adopted with the purpose of giving the universities incentives to strive to meet the needs of students. To accomplish this goal the Regents set targets for each university based upon that individual university's past performance. Incentive funds will be awarded in future years based upon demonstrated improvements in five specific areas. The funds are redistributed from university operating budgets. Distribution of the funds will depend on the progress shown by each university toward achieving the target set by the Regents.
Targets are unique to each institution.
That goal states all qualified residents will have convenient and affordable access to higher education. The purpose of the goal is to attract new South Dakota students and retain current South Dakota students. Progress toward this goal is measured from one fall term enrollment to the next. For example improvement between Fall 1997 enrollment and Fall 1998 enrollment will be used to allocate resources for the FY00 budget. Two states that the universities will increase enrollments in selected programs within their respective missions that are of particular importance to the State's economy in order to graduate students who can contribute to the economy's development and expansion.