In 1973, the Florida Legislature enacted the Florida Education Finance Program (FEFP) and established the state policy on equalized funding to guarantee to each student in the Florida public education system the availability of programs and services appropriate to his or her educational needs that are substantially …

How is FEFP calculated?

How is the FEFP calculated? FEFP funds are determined by multiplying the number of unweighted FTEs in each of the educational programs by cost factors to obtain weighted FTEs.

What is FTE funding?

The amount of funding provided per full-time equivalent (FTE) student in public universities is an indicator of a state’s investment in the education of its students.