Kentucky Administrative Regulations › Title 13 - COUNCIL ON POSTSECONDARY EDUCATION › Chapter 2 - Public Educational Institutions › Section 13 KAR 2:130 - Comprehensive funding model for the allocation of state general fund appropriations to Kentucky Community and Technical College System institutions

Current through Register Vol. 51, No. 1, July 1, 2024
RELATES TO: KRS 48.600-48.630,
				164.001,
				164.092
NECESSITY, FUNCTION, AND CONFORMITY:
				KRS
				164.092(12) requires the
				Council on Postsecondary Education to promulgate an administrative regulation
				to implement a comprehensive funding model for the public postsecondary
				education system. This administrative regulation establishes the formula by
				which general fund appropriations shall be distributed in the Kentucky
				Community and Technical College System sector.
Section 1. Definitions.
(1) "Academic year" means July 1 through June
			 30 and all terms completed therein.
(2) "Associate degree" means total number of
			 associate degrees awarded during the academic year, including degrees conferred
			 to resident and non-resident students.
(3) "Council" is defined by
			 KRS
			 164.092(1)(c).
(4) "Equity adjustment" means ten (10)
			 percent of total KCTCS institution allocable resources divided by sixteen (16)
			 and allocated to each institution.
(5) "Formula base amount" is defined by
			 KRS
			 164.092(1)(e) and includes a
			 deduction for mandated programs
(6)
			 "Full time equivalent student enrollment" means the total fall semester credit
			 hours earned divided by fifteen (15).
(7) "High-wage, high-demand credentials"
			 means credentials tied to occupations identified in the Kentucky Office of
			 Employment and Training's Kentucky Occupational Outlooks and annual
			 Occupational Employment statistics wage data that meet the following criteria:
(a) Have a median annual wage that is greater
			 than or equal to the wage at the 75th percentile for all occupations in the
			 state of Kentucky;
(b) Show growth
			 greater than or equal to the projected percent change for all Kentucky
			 occupations; or
(c) Have 100 or
			 more average annual job openings.
(8) "Hold-harmless provision" is defined by
			 KRS
			 164.092(1)(f).
(9) "Institution" means a college in the
			 Kentucky Community and Technical College System.
(10) "KCTCS" is defined by
			 KRS
			 164.092(1)(h).
(11) "KCTCS institution allocable resources"
			 is defined by
			 KRS
			 164.092(1)(i)
(12) "Low-income students" means a student
			 who has received a Federal Pell Grant at any time since 2005-2006 at the
			 graduating institution.
(13)
			 "Mandated program" means a research or public service activity not integral to
			 the instructional mission of the institution that is:
(a) Funded with greater than $200,000 of
			 state appropriations; and
(b)
			 Directed by statute, resolution, executive branch budget bill, executive order,
			 or other legal mandate.
(14) "Non-resident student" means a student
			 who does not meet the requirements for Kentucky residency for purposes of
			 tuition set forth in
			 13
			 KAR 2:045.
(15) "Resident student" means a student
			 certified as a Kentucky resident for purposes of tuition pursuant to
			 13
			 KAR 2:045 and any non-resident student attending an
			 institution under a state tuition reciprocity agreement entered into by the
			 council.
(16) "STEM+H degrees" mean
			 degrees in the fields of science, technology, engineering, math, and health
			 sciences as identified to annually by KCTCS.
(17) "Stop-loss provision" is defined by
			 KRS
			 164.092(1)(k).
(18) "Targeted industry credentials" means
			 credentials awarded in Classification of Instructional Programs (CIP) codes
			 developed by the U.S. Department of Education's National Center for Education
			 Statistics that crosswalk to occupations with education or training
			 requirements of an associate degree or below in targeted industry sectors as
			 identified in a targeted industry CIPs index provided annually by
			 KCTCS.
(19) "Underprepared
			 students" mean students who tested into developmental English, math, or reading
			 at any period of enrollment since the 2010-11 academic year.
(20) "Underrepresented minority students"
			 mean students who categorized themselves as Hispanic or Latino, American Indian
			 or Alaska Native, Black or African American, Native Hawaiian or Other Pacific
			 Islander, or two (2) or more races.