This section establishes the schedule upon which the Coordinating
Board will create updated lists of high-demand fields, essential occupations,
and emerging occupations, and the amount of time that a field identified
as high-demand will remain on a high-demand fields list.
(1) Standard Regional High-Demand Fields.
(A) The Board shall adopt the Regional High-Demand
Fields lists for each biennium not later than its July board meeting
of each odd-numbered year.
(B) The new Regional High-Demand Fields lists shall
be effective for each biennium beginning September 1 of each odd-numbered
year.
(C) Applying first to the High-Demand Fields list adopted
under §(2)(B) of this section in FY 2024, a field that the Board
removes from a Regional High-Demand Fields list shall continue to
be funded as a high-demand field for the following biennium.
(2) Standard Regional High-Demand Fields Conferred
in FY 2023 - 2025. For calculating FY 2025 funding amounts based on
the greater of FY 2025 credentials awarded or the three-year average
of FY 2023 - 2025, the Coordinating Board shall apply High-Demand
Fields lists as follows:
(A) For credentials awarded in FY 2023, notwithstanding §13.594
(relating to High-Demand Fields Methodology), the Coordinating Board
shall use the list of High-Demand Fields for FY 2023 adopted by the
Board at its July 2024 board meeting, which it shall also publish
publicly.
(B) For credentials awarded in FY 2024 and FY 2025
the Coordinating Board shall identify credentials conferred in High-Demand
Fields based on the list developed in accordance with §13.594
and adopted by the Board at its July 2024 board meeting, which it
shall also publish publicly.
(3) Emerging and Essential Occupations.
(A) Academic fields linked to Essential Occupations
designated pursuant to §13.595(c) (relating to Essential Occupations)
shall be effective for the following biennium beginning September
1 of each odd-numbered year but may be renewed subject to approval
of a new petition under §13.595(b) and (c).
(B) Academic fields linked to Emerging Occupations
designated pursuant to §13.595(d) shall be effective for two
(2) fiscal years but may be renewed pursuant to §13.595(d).
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