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Table 2

State and Local Postsecondary

Spending in the South, 2001-2002^1,2

State	Spending Per Capita³		Spending Per FTE⁴
State	($)	Rank	($)	Rank
^Alabama	¹⁹²	⁹	^5,085	¹³
^Arkansas	¹⁹¹	¹⁰	^6,055	⁸
^Florida	¹⁴⁵	¹⁵	^5,130	¹²
^Georgia	²⁰⁰	⁸	^6,174	⁶
^Kentucky	²¹⁴	⁴	^6,813	²
Louisiana	186	11	4,792	15
^Maryland	²³⁸	²	^8,908	¹
^Mississippi	²¹⁹	³	^5,834	⁹
^{North Carolina}	²⁴⁶	¹	^6,186	⁵
^Oklahoma	²⁰⁷	⁶	^6,132	⁷
^{South Carolina}	¹⁸⁴	¹²	^5,814	¹⁰
^Tennessee	¹⁵⁰	¹⁴	^5,641	¹¹
^Texas	²⁰⁹	⁵	^6,314	⁴
^Virginia	²⁰³	⁷	^6,470	³
^{West Virginia}	¹⁷¹	¹³	^4,937	¹⁴
*Weighted Average*	195		6,014
Louisiana as a Percent of the Average	95%		80%
Total Louisiana Spending to Match Southern Average	870,970,000		1,042,435,000
Current Actual Spending	830,631,000		830,631,000
Implied Surplus/(Deficit)	(40,339,000)		(211,804,000)

1 Spending data includes: state and local funding for general-purpose operating appropriations for instruction, research and public service including law schools and educational special-purpose funds for research experiment stations and institutes, agricultural centers and other non-health professions education functions. Funding for health professions education is excluded. Net tuition and fee revenues are excluded from funding totals. SOURCE: Southern Regional Education Board (SREB) - www.sreb.org.

2 Data from Delaware, the 16th SREB-member state, is unavailable.

3 2001 population data from the U.S. Census Bureau.

4 Full-time equivalent student (FTE) data is from the SREB. FTE data for health professions education is unavailable.

NOTE: Health professions education is excluded from the spending data in order to compare the per-FTE spending data across states. An analysis of spending per capita when health professions education is included shows that Louisiana spends about $4 million above the southern average.