SECTION 13.152. Performance Incentive Fund (PIF)

(a) Purpose. The purpose of this program is to provide funds to eligible institutions based on the degrees awarded as the increase in degrees awarded, as appropriated by the Legislature, as compared to previous outcomes.

(b) Distribution.

(1) 50 percent to be distributed among eligible institutions in proportion to the increase, if any, in the average number of degrees awarded annually by each institution in the two most recent fiscal years from the average number of degrees awarded annually by that institution in the two fiscal years immediately preceding those fiscal years, using the weights assigned to each degree.

(2) 50 percent to be distributed among eligible institutions in proportion to the average number of degrees awarded annually by each institution in the three most recent fiscal years, using the weights assigned to each degree.

(c) Calculation of awards. A number of points is assigned for each degree awarded by an eligible institution according to the following:

(1) Noncritical field--not at-risk student: 1 point

(2) Noncritical field--at-risk student: 2 points

(3) Critical field--not at-risk student: 2 points

(4) Critical field--at-risk student: 3 points

Source Note: The provisions of this §13.152 adopted to be effective November 30, 2009, 34 TexReg 8521