The higher education coordinating board recently approved the rules for administrating House Bill eight. Funding will be based on awarding degrees, certificates, and for what the coordinating board calls “other credentials of value”.
After HB 8 was signed in June, Blinn executive vice chancellor Leighton Schubert said it was a struggle determining the budget because the coordinating board did not determine the funding formula until September 1st.
Blinn College administrators have said they will release how that will change state funding at their campuses after presenting that information to the board of trustees.
Community colleges will get half of the 684 million dollars in state money on October 15th, a fourth next February, and the remaining 25 percent next June.
