Funding Information for Institutions
The Complete College Tennessee Act of 2010 includes a provision for an outcomes-based funding formula model. THEC, in conjunction with systems, campuses, and state government representatives, developed the model.
The Tennessee Higher Education Commission's Quality Assurance Funding (formerly named Performance Funding) program has been in operation for over thirty years. It is nationally recognized as a successful statewide supplemental funding incentive to encourage continuous improvement of programs and services.