News -> INDReporter WED, JUN 30 11:54AM by Walter Pierce

Regents distribute nearly $1 billion among four systems

The state Board of Regents announced Wednesday distribution of more than $919 million in funding among the four systems of higher education in the state, with the University of Louisiana system, which includes UL Lafayette, getting a lion’s share at $384.1 million in funding. The LSU system will receive $297.5 million, while the Louisiana Community & Technical College System and Southern University System are set to receive $174.5 million and $63.8 million respectively. The funding is for the 2010-2011 fiscal year, which begins Thursday, July 1. UL Lafayette will share the funding for the University of Louisiana System with UL Monroe, Southeastern Louisiana University, Louisiana Tech, Grambling State University, McNeese State University, Northwestern State University and Nicholls State University.

According to a Board of Regents press release:

The system funds are to be distributed to campuses by their management board using the new performance-based funding formula and taking into consideration the specific role, scope and mission of each institution.  Providing this flexibility allows the management boards to allocate funds to their campuses based on mission, enrollment growth and performance. In addition, the management boards can take into account circumstances unique to each institution, for instance, accreditation and other special initiatives.

Walter Pierce
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Comments (8)add
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written by ragin_cajun , June 30, 2010 - 01:17 pm
How many colleges are in the "4 systems" in Louisiana? Well over 10?! that's ubelievable!
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written by Walter Pierce, Managing Editor , June 30, 2010 - 01:30 pm
I counted 40, ragin_cajun: 16 in the technical college system, 11 in the LSU system, eight in the UL system and five in the Southern system.
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written by NORTHSIDIAN SHOTGUN , June 30, 2010 - 02:49 pm
Ya think possibly this year the students will begin getting the BIG CHIEF lined writing tablets and the no. three yellow pencil again ?
Or does this mean a raise for our semi-literate teachers.... to aid them in raising the students grade-point average to a D+?
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written by ragin_cajun , June 30, 2010 - 04:13 pm
40 seems like way too many to me. In a state as small as Louisiana, 40 colleges is excessive. Could we not consolidate that down to 20, or 10?
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written by " NORTHSIDIAN SHOTGUN " , June 30, 2010 - 09:32 pm
Really Dudes, i would think it is much more important, that we be concerned with the problem of the chirin not getting a Big Chief Lined Tablet and a no. three yellow pencil, than to become pre-occupied with whether there are 20 or 40 colleges, throughout the state.
*** Lets see if this makes sense, there are many kids with both of their parents holding down jobs, and having to sacrifice to obtain a higher education for their young, if not for schools within travel distance from home each day, many kids would not obtain an education, and this is due to dorm expense, meals expense, etc.
As in the case of some familys, with many so children.. I'm not talking about Familys on the Government Assistance system, I"M TALKING FAMILYS WITH BOTH PARENTS WORKING, TO FURTHER THEIR CHILD'S EDUCATION....
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written by Morrow , July 01, 2010 - 06:43 am
And those d^^k heads running higher ed in Louisiana have the nerve to raise tuition!!!! Its beginning to look like the education system in Louisiana is nothing but a ponzi scheme to keep jobs and retirements for those who collect employment checks and to H=ll with whether any young people are learning anything! The Louisiana tax payer is at the bottom getting nothing. I remember when collge profs and administrators were respectable. Now its just a matter of money. Did TOPS do that??? Is it that now the university system thinks there are unlimited dollars. I already know middle class kids who work and can't afford college. Two parents working, they work, and have to take a few nightr classes. And the aholes running the system care nothing more than buying a little more time till they're able to retire. Its sickens me to see what the univsrsity where I earned my degree has become. Integrity in any sector in Louisiana is becomming difficult to find.
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written by mpatin , July 01, 2010 - 07:35 pm
Why do you continue to use UL Lafayette. We are UL, Louisiana or Ragin Cajuns. Get it right
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written by ragin_cajun , July 02, 2010 - 10:30 am
mpatin--

Because that is what NCAA requires news outlets to call UL Lafayette. We are not "Louisiana", or "UL", and I well remember there was a big commotion to block UL Lafayette from marketing itself as "UL", or "Louisiana".

LSU is the flagship university of this state, and UL Lafayette will not upstage them with a more prestigious moniker. You need to get it right.

HeeHeeHee.....
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