The funding for the University of Nevada, Las Vegas (UNLV) and the University of Nevada, Reno (UNR) is set to decrease under a new formula presented to Nevada lawmakers. The new funding model, proposed by the Nevada System of Higher Education (NSHE), would redistribute funds among the state’s public colleges and universities.
According to the formula, UNLV and UNR would see a decrease in funding based on student enrollment, course completion rates, and other metrics. This has raised concerns among administrators at both universities, who argue that the new formula could have a negative impact on their ability to serve students and maintain academic programs.
The proposed changes come as Nevada faces budget challenges due to the economic impact of the COVID-19 pandemic. Lawmakers will need to weigh the potential consequences of implementing the new funding formula against the need to address budget shortfalls in higher education.
The NSHE has stated that the new formula is designed to promote efficiency and incentivize universities to improve student outcomes. However, critics argue that the shift in funding could disproportionately affect larger institutions like UNLV and UNR. The debate over the new funding model is expected to continue as lawmakers consider its implications for Nevada’s public universities.
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