Establishes an adequate and equitable funding formula for public universities in Illinois.
The Adequate and Equitable Public University Funding Act creates a funding formula for public universities in Illinois. The formula aims to ensure adequate, equitable, and stable funding for public universities, particularly for underserved students. It includes an adequacy target for each eligible public institution, calculated based on various components such as access support, academic and nonacademic support, core instructional program support, research support, public service and artistry support, institutional support, and physical plant support.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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