What is the SSI formula?
The State Share of Instruction (SSI) formula is a formula used to distribute General Revenue Fund dollars appropriated to the SSI line item (235-501) in the Board of Regents’ operating budget. The purpose of the SSI is to pay for a portion of instructional costs incurred by campuses. At approximately $1.5 billion, the SSI represents 74% of the Regents’ total operating budget. SSI dollars are distributed directly to Ohio’s public colleges and universities through a formula primarily driven by enrollments that are classified into models based on levels of instruction and the statewide average costs of each model. For example, it costs more for a campus to offer an advanced engineering course than it costs to offer an introductory history course. Therefore, enrollments in introductory courses are funded at a lower rate than enrollments in more advanced courses. Additional information on the SSI formula is available on the Regents’ website at http://regents.ohio.gov/legislative/TheIssue/Pa