Higher education, College and Higher Education Excellence and Results (CHEER) Act established, bonus funding for eligible institutions authorized based on achievement of performance goals and objectives

Summary

The bill would establish a College and Higher Education Excellence and Results (CHEER) Fund and a coordinating committee to award extra money to public universities, community colleges and technical colleges that achieve defined student‑success and institutional performance targets. It sets out which schools qualify, what outcomes are measured (such as graduation, retention and post‑graduation employment), and how the bonus amount is calculated.

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