The purpose of this research paper is to evaluate different elements of the State University System of Florida. Specifically, this paper will analyze how universities will respond when appropriated 20 million dollars of performance based funding and will also evaluate how efficient the 2009 changes in Florida's [statute] 464 were. This paper will use comparative statics and a duopoly model in order to explain behavior of universities when they are appropriated performance based funding. Moreover, this paper will use measures of central tendencies and hypothesis testing in order to statistically analyze data of Florida's Licensed practical nursing programs provided in the 2013 OPPAGA Nursing education report. When all is said and done the findings in this paper could suggest statutory reform of Florida's [statute] 464.