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Evolution of State Performance Funding

Evolution of State Performance Funding. ICHE FY 2013-15 PFF Metrics. Degree Completion Metrics: Overall Degree Completion: increases in total number of degrees produced At-Risk Student Degree Completion: increases in degrees awarded to Pell grant eligible students

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Evolution of State Performance Funding

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  1. Evolution of State Performance Funding Indiana Commission for Higher Education

  2. ICHE FY 2013-15 PFF Metrics Degree Completion Metrics: • Overall Degree Completion: increases in total number of degrees produced • At-Risk Student Degree Completion: increases in degrees awarded to Pell grant eligible students • High Impact Degree Completion: increases in degrees awarded to STEM related degrees – only applicable to research intensive campuses GR Seminar

  3. ICHE FY 2013-15 PFF Metrics Progression Towards Degree Metric: • Student persistence – for 4-year institutions, increases in number of students completing 30 and 60 credit hours • Metric not applicable to research intensive campuses GR Seminar

  4. ICHE FY 2013-15 PFF Metrics Productivity Metrics: • On-Time Graduation Rates – increases in number of students graduating in 2 or 4 years. • Institution Defined Productivity Metric – designed by each institution with goal of reducing student cost of attendance GR Seminar

  5. ICHE FY 2014 PFF Allocations MetricAllocation Funding* Overall Degree Completion 30% $7,795 At-Risk Degrees 15% $5,503 High Impact Degrees 10% $19,491 Student Persistence (30/60 credits) 15% $765 & $1,530 On-Time Graduation 25% $22,921 Institution Productivity 5% varies * Amounts listed are for Bachelor degrees

  6. Performance Funding Results – FY 2014

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