All South Florida colleges improve. See who reaped most money because of it.

South Florida’s state colleges are set to receive millions of dollars in incentive money for their healthy graduation and job placement rates.

Palm Beach State College will get $3,061,902, while Miami-Dade College will receive $4,339,776 and Broward College, $4,452,896.

The state’s $30 million performance funding pot is divided among the state’s 28 state colleges, formerly known as community colleges. Students can now get two-year associate’s degrees or four-year bachelor’s degrees at these institutions.

The awards are based on 10 categories such as the size of the college, its retention rates, its percentage of first-time students who enroll for two terms and the average wage of graduates a year after they leave school.

Colleges that perform poorly can lose money. However, that won’t happen to any schools this year.

The Orlando Sentinel contributed to this report.

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