Because of shrinking budgets, increasing demand, and calls for more graduates, community college leaders are forced to make difficult resource allocation decisions. In many states, sizable percentages of the state funds available to community colleges are conditional on performance measures, including graduations; the number of states with funding systems like this is growing. Some community college leaders, in an effort to do more with less, have opted to cut funding for student services. Numerous researchers found student services to be effective in helping students learn, grow, and succeed in college. Several studies have explored the relationship between student services funding and graduation rates in four-year colleges and universities, and some have done similar work for community colleges using ordinary least squares (OLS) and probit regression techniques and data from 1998 and later from the 2001-2003 academic years. This study sought to discover if a relationship existed between the average student services funding per student, average Pell Grant funding per student, and a community college's graduation rate using quantile regression on Integrated Postsecondary Education Data System (IPEDS) data from 2007 to 2009. The study tested four null hypotheses; alpha for the tests was set at .01. Related to three of the null hypotheses, the study data demonstrated statistically significant relationships between the average amounts of Pell grant funding disbursed per student per year, average amount expended on student services per year, and annual institutional. rates of completion of a certificate, associate's degree or other credentials in community colleges but the effect size was insubstantial. Related to the fourth null hypothesis, the data produced in this study demonstrated a statistically significant but weak correlation between average Pell grant funding per student per year and student services expenditures per student per year at public community colleges. The conclusion was to reject the fourth null hypothesis. This finding indicated a positive relationship between a student's socio-economic status (SES) and institutional spending on student services. Implications of this finding for practice and for policy and a recommendation for further study were included. [The dissertation citations contained here are published with the permission of ProQuest LLC. Further reproduction is prohibited without permission. Copies of dissertations may be obtained by Telephone (800) 1-800-521-0600. Web page: http://www.proquest.com/en-US/products/dissertations/individuals.shtml.]