New state funding policy could hurt Ball State University

MUNCIE -- Ball State University may not fare well under the state's new performance-based funding policy for higher education.

One area of concern is the state's decision to base funding to public universities in part on the number of science, technology, engineering and mathematics (STEM) degrees awarded by the schools.

"We're competing with IU and Purdue,"Ball State Treasurer Randy Howard told the University Senate this week. "Our growth rate is not as high as the others."