TAMPA — Gov. Rick Scott has announced $20 million in higher education investments that the Board of Governor’s distributed among universities demonstrating success in student performance.
The investment in higher education was part of Scott’s Florida Families First Budget, to incentivize increased college affordability and student readiness in obtaining jobs.
Board of Governor’s allocations are as follows:
•University of Florida, $1.7M
•Florida Agricultural and Mechanical University, $870,000
•Florida Atlantic University, $1.7M
•Florida Gulf Coast University, $2.2M
•Florida International University, $2.2M
•Florida State University, $2.2M
•New College of Florida, $435,000
•University of Central Florida, $2.6M
•University of North Florida, $2.2M
•University of South Florida, $2.6M
•University of West Florida, $1.3M
Performance funding criteria includes: percent of bachelor's graduates employed or continuing their education one year after graduation; median average full-time wages of undergraduates employed in Florida one year after graduation; and average cost per undergraduate to the institution.
This article originally appeared on Crestview News Bulletin: Scott highlights $20M in higher education performance funds