The Maryland Higher Education Commission shall:
(1) Advise the Governor and General Assembly on statewide higher education policy;
(2) Conduct statewide planning for higher education;
(3) Coordinate and arbitrate among different segments of higher education in the State;
(4) Review, negotiate as necessary, and grant final approval of mission statements for each public institution of higher education and each regional higher education center that requests or receives State funding;
(5) Assess the adequacy of operating and capital funding for public higher education and establish operating funding guidelines based on comparison with peer institutions and on other relevant criteria;
(6) Establish and maintain a higher education information system for planning, coordination, and evaluation purposes;
(7) Coordinate the State’s program of performance accountability reporting for public institutions of higher education; and
(8) Administer statewide programs of student financial assistance for higher education.
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