Massachusetts to provide more funding to community colleges

March 4, 2014
A new funding formula implemented by the state of Massachusetts will funnel more money to community colleges.

A new funding formula implemented by the state of Massachusetts will funnel more money to community colleges, the Herald News reported. The formula was introduced this fiscal year and splits $20 million in funding among the state’s 15 community colleges. Funds are allocated based on enrollment and performance.  In addition to funding, each school receives a $4.5 million operations subsidy. 

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