TSTC pioneers the way for performance based funding - KXXV-TV News Channel 25 - Central Texas News and Weather for Waco, Temple, Killeen |

WACO

TSTC pioneers the way for performance based funding

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WACO -

This fall, Texas State Technical College will be the first and only higher education system in the country to be 100% performance based.

The traditional funding method has always been based on enrollment.The more students in class and the longer they're in class, the more money schools make.

The college has been working towards this new method since the 80th Legislative Session. This session lawmakers approved the new funding method.

"The more a student makes, the more TSTC will be funded," says Reeser.

TSTC's Chancellor Michael Reeser says that's the basis of the new model.

Starting this September, TSTC's funding will be based on the jobs graduates get and how much they earn above minimum wage.

The courses offered at all campuses are based on the states economy. The Texas Workforce Commission will track student's earnings for the first 5 years of their career.

TSTC Senior Instructor John Goebel says there's a need for skilled workers.

"This is not something that you could get someone off the streets and say we need you to do this," says Goebel. "Industry realizes this is a great watering hole where they can get a drink of water because they can get this kind of expertise."

The new funding method means the end to some lower paying programs that will be offered.

"It is inevitable that program mix is likely to evolve. Not just in the near future but on an ongoing basis," said Reeser. "The reason is it will have to be aimed at those jobs that are in the highest demand and highest salaries."

While enrollment is down more students are graduating and working in their fields. TSTC sees this as an advantage to focus on employing their students.

"When our students succeed, we succeed," says Reeser.

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