05/04/15  University of Arkansas-Monticello faces losing 182 thousand dollars

 

According to a story published in the Arkansas Demo-Gaz over the weekend, The University of Arkansas-Monticello faces losing 182 thousand dollars in state performance-based money, partly because not enough students progress toward graduation. The school fell below the minimum score in a performance-based funding formula. The university earned 5 point 16 points of the maximum 10 and was the only public university or college to fall below the minimum score of 6 this  go around. The mandatory scores are based on the number of bachelor degree credentials awarded; the number of total credentials awarded; the number of science, technology, engineering and math credentials awarded; and progression toward graduation.  Of those, the university didn't earn any points for progression. Of the 11 optional measures, UA-M earned a full point in only two categories. In addition, UA-M also lost nearly 20 thousand dollars in regional grants. Because the school fell below the minimum score, it could have lost up to 10 percent of its 13 point one million dollars in general revenue funding.