Current through 2023 Legislative Sessions
Section 15-18.2-03 - Credit completion factor - Determination1. Except as provided in subsections 2 and 3 of this section, for each institution under its control, the state board of higher education shall multiply the product determined under section 15-18.2-02 by a factor of: a. 1.00 if the number of credit-hours is at least 240,000;b. 1.05 if the number of credit-hours is at least 180,000 but less than 240,000;c. 1.10 if the number of credit-hours is at least 135,000 but less than 180,000;d. 1.15 if the number of credit-hours is at least 130,000 but less than 135,000;e. 1.20 if the number of credit-hours is at least 120,000 but less than 130,000;f. 1.30 if the number of credit-hours is at least 70,000 but less than 120,000;g. 1.40 if the number of credit-hours is at least 60,000 but less than 70,000;h. 1.50 if the number of credit-hours is at least 50,000 but less than 60,000;i. 1.60 if the number of credit-hours is at least 40,000 but less than 50,000;j. 1.70 if the number of credit-hours is at least 30,000 but less than 40,000; andk. 1.80 if the number of credit-hours is less than 30,000.2. If the number of credit-hours completed by an institution would cause a decrease in the credit completion factor for that institution compared to the credit completion factor the institution was entitled to receive during the 2017-19 biennium, the state board of higher education shall multiply the product determined under section 15-18.2-02 by a credit growth factor of 1.0 for credits in excess of the factor the institution was entitled to receive during the 2017-19 biennium. Any weighted credit-hours multiplied by a credit growth factor under this section must have a weight of 1.0 under section 15-18.2-02. The state board of higher education shall multiply the remaining weighted credits by the credit completion factor the institution was entitled to receive during the 2017-19 biennium.3. For purposes of this section, the number of credit-hours must be those determined by the state board of higher education in accordance with section 15-18.2-01.Amended by S.L. 2021, ch. 31 (SB 2003),§ 12, eff. 7/1/2021.Amended by S.L. 2015, ch. 3 (HB 1003),§ 14, eff. 7/1/2015.Added by S.L. 2013, ch. 138 (SB 2200),§ 1, eff. 7/1/2013.