South Dakota Administrative Rules
Title 24 - EDUCATION
Article 24:59 - Postsecondary Technical Institutes
Chapter 24:59:05 - Postsecondary technical institute instructor salary support
Section 24:59:05:04 - Allocation of funds
Current through Register Vol. 51, page 43, September 23, 2024
The postsecondary technical colleges shall receive state funding from the amount appropriated by the Legislature. The distribution formula is as follows:
(1) The executive director shall follow the same full-time equivalent student calculations, program weight factor classifications, and weighted per student values as set forth in § 24:59:02:03;
(2) Twenty-five percent of the total allocation must be distributed equally among the four colleges as a baseline for technical college instructor salaries and benefits; and
(3) Seventy-five percent of the total allocation must be distributed within three program categories: high cost-low density programs, high cost programs, and standard cost programs. The executive director shall distribute funds by determining each program's full-time equivalent students, multiplied by the weighted program factor, multiplied by the weighted per student value.
General Authority: SDCL 13-39A-14, SDCL 13-39A-18.
Law Implemented: SDCL 13-39A-14, SDCL 13-39A-18, SDCL 13-39A-21.
