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Table 4

Formula Targets vs. Formula Appropriation (FY 2001-2002)

^Institution	SREB Classification	Three-year Average Enrollment¹(FTEs)	Formula Targets		Formula Allocation		Formula Implementation Rate⁵
^Institution	SREB Classification	Three-year Average Enrollment¹(FTEs)	Funding Target^1,2($/FTE)	Total Funding Target³($millions)	Funding Allocation⁴($/FTE)	Total Funding Allocation¹($millions)	Formula Implementation Rate⁵
^{LSU A&M}	^{4-YR - 1}	^29,279	^7,537	^220.7	^4,928	^144.3	^65%
^ULL	^{4-YR - 2}	^14,201	^5,770	^81.9	^4,010	^56.9	^69%
^UNO	^{4-YR - 2}	^12,759	^5,857	^74.7	^3,927	^50.1	^67%
^{LA TECH}	^{4-YR - 3}	^9,698	^5,512	^53.5	^4,054	^39.3	^74%
^{SOUTHERN A&M}	^{4-YR - 3}	^8,919	^5,404	^48.2	^4,420	^39.4	^82%
^ULM	^{4-YR - 3}	^9,106	^5,566	^50.7	^4,327	^39.4	^78%
^{LSU - S}	^{4-YR - 4&5}	^3,159	^5,046	^15.9	^3,769	^11.9	^75%
^GRAMBLING	^{4-YR - 4&5}	^4,601	^5,278	^24.3	^5,027	^23.1	^95%
^MCNEESE	^{4-YR - 4&5}	^6,933	^5,149	^35.7	^3,517	^24.4	^68%
^NICHOLLS	^{4-YR - 4&5}	^6,614	^5,149	^34.1	^3,398	^22.5	^66%
^NORTHWESTERN	^{4-YR - 4&5}	^8,549	^5,330	^45.6	^3,150	^26.9	^59%
^SUNO	^{4-YR - 4&5}	^3,566	^5,329	^19.0	^3,497	^12.5	^66%
^SOUTHEASTERN	^{4-YR - 4&5}	^13,128	^5,277	^69.3	^3,195	^41.9	^61%
^{BATON ROUGE CC}	^{2-YR - 1}	^1,977	^4,162	^8.2	^3,353	^6.6	^81%
^{BOSSIER PARISH CC}	^{2-YR - 1}	^2,645	^4,162	^11.0	^3,542	^9.4	^85%
^{DELGADO CC}	^{2-YR - 1}	^9,037	^4,287	^38.7	^2,901	^26.2	^68%
^{NUNEZ CC}	^{2-YR - 1}	^1,327	^4,162	^5.5	^3,199	^4.2	^77%
^{RIVER PARISHES CC}	^{2-YR - 1}	³⁷⁰	^4,162	^1.5	^4,278	^1.6	^103%
^{SOUTH LOUISIANA CC}	^{2-YR - 1}	⁴⁴⁷	^4,162	^1.9	^3,751	^1.7	^90%
^{LSU - A}	^{2-YR - 1}	^1,629	^4,266	^6.9	^4,070	^6.6	^95%
^{LSU - E}	^{2-YR - 1}	^2,058	^4,162	^8.6	^2,649	^5.5	^64%
^{SOUTHERN - SHREVE}	^{2-YR - 1}	^1,129	^4,412	^5.0	^3,925	^4.4	^89%
^DELTA	^{2-YR - 1}	³⁶¹	^4,162	^1.5	^3,893	^1.4	^94%
^{LA TECHNICAL COLLEGE}	^{2-YR - 2}	^16,622	^4,542	^75.5	^4,708	^78.3	^104%
^TOTAL				⁹³⁸		⁶⁷⁹	^72%

1 Data from Board of Regents.

2 Represents adjusted SREB average for similar institutions.

3 Total state funding requirement according to the funding formula (three-year average enrollment times funding target/FTE); excludes tuition.

4 Calculated (total funding allocation divided by three-year average FTEs).

5 Actual formula allocation divided by formula target.