![Plan Emerges To Divide $40M College Incentive Fund](http://townsquare.media/site/36/files/2012/12/UL-Martin-Hall-630x472.jpg?w=980&q=75)
Plan Emerges To Divide $40M College Incentive Fund
BATON ROUGE, La. (AP) — An agreement has been struck to split a $40 million higher education incentive fund designed to steer money to programs that help fill high-demand jobs.
A council of Louisiana college, economic development and labor officials on Monday approved a plan to divvy up the money among the four college systems.
LSU will get the largest share, $14.4 million, from the Workforce and Innovation for a Stronger Economy Fund, or WISE Fund.
The community and technical college system will get nearly $12 million, while the University of Louisiana System will receive $11.4 million. The Southern University System will get $2 million, the lowest level a university system could receive.
The distribution formula is based on forecasts of which degree areas are in most demand and which skills are considered most valuable.
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