Five universities and five community colleges are projected to receive cuts in the first year of Gov. John Kasich's $63.2 billion, two-year budget.
Funding projections released Friday show overall higher education funding rising about 2 percent, from $1.75 billion to $1.78 billion in the fiscal year beginning July 1.
Inter-University Council of Ohio President Bruce Johnson said graduation rates this spring will be part of a three-year average used in the calculation.
Ohio State University is projected to receive a 3 percent increase under the plan, with three branch campuses experiencing cuts. OSU President E. Gordon Gee helped design the funding deal.