Higher ed board functions from their site. Colt was the obvious choice given his extensive background in higher ed. Five Key Functions1. Provide Statewide Perspective for Resource EfficiencyEfficient and effective utilization of higher education resources is essential. This involves eliminating unnecessary duplication across the state to optimize resource allocation. 2. Develop and Evaluate Long-Range Master PlansThe creation and evaluation of a comprehensive long-range master plan for higher education are crucial steps in ensuring progress and alignment with future goals. 3. Collect and Disseminate Higher Education DataCentralizing and making accessible data on higher education facilitates informed decision-making and supports policy recommendations for the benefit of all stakeholders. 4. Improve Transition EfficiencyEnhancing the efficiency of transitions, whether from high school to postsecondary education, between different institutions for transfer purposes, or from postsecondary education to the workforce, is vital. Recommendations aimed at streamlining these transitions benefit students and the broader community. 5. Administer Financial Aid ProgramsManaging programs and trusteed funds for financial aid and grants plays a pivotal role in achieving the state’s long-term objectives, in accordance with directives from the Texas Legislature.