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Regents meeting in Great Falls

By Associated Press
Published On: May 22 2013 03:01:14 PM MDT
board of regents
GREAT FALLS, Mont. -

The state Board of Regents is scheduled to set tuition and fees for state-funded schools for the next two years when it meets in Great Falls on Thursday and Friday.
    
The board also is scheduled to vote a "performance-based" funding system for campuses that bases a portion of their state funding on their graduation and student retention rates.
    
$7.5 million in performance funding was part of the College Affordability Plan negotiated between Gov. Steve Bullock and key legislators. Under CAP, the university system received an additional $28 million in state funding to cover inflation and pay raises in exchange for a tuition freeze.
    
Regents gave initial approval to CAP last month.