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Evolution of State Performance Funding Metrics for Higher Education in Indiana (FY 2013-15)

This document outlines the evolution of performance funding metrics utilized by the Indiana Commission for Higher Education (ICHE) from FY 2013-15. Key metrics include overall degree completion, at-risk student degree completion, high-impact degrees (STEM), student persistence rates, and on-time graduation rates. The funding allocation is based on these metrics, with particular percentages assigned to each category, reflecting the state’s commitment to enhancing degree attainment and institutional productivity in higher education.

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Evolution of State Performance Funding Metrics for Higher Education in Indiana (FY 2013-15)

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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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