higher education budgeting in indiana 102 indiana commission for higher education october 12, 2006

Higher Education Budgeting in Indiana 102

Indiana Commission for

Higher Education

October 12, 2006


NATIONAL CONTEXT

5,825

5,282

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

Wyo

ming

Alaska

Hawaii

Conne

cticu

t

New Je

rsey

Nevad

a

Mas

sach

uset

ts

New M

exico

Georg

ia

New Y

ork

North

Car

olina

Illino

is

Idah

o

Delaw

are

Tenne

ssee

Rhode

Islan

d

Kansa

s

Wisc

onsin

Main

e

Kentu

cky

Arizon

a

Nebra

ska

Miss

ouri

Was

hingt

on

Califo

rnia

Unite

d Sta

tes

Mich

igan

Penns

ylvan

ia

Minn

esot

a

Texas

Utah

India

naIo

wa

Louis

iana

South

Car

olina

Virgini

a

Alabam

a

Oklaho

ma

Florida

Miss

issipp

iOhi

o

Arkan

sas

South

Dak

ota

Mar

yland

North

Dak

ota

Orego

n

Wes

t Virg

inia

Mon

tana

Color

ado

New H

amps

hire

Verm

ont

Higher Education Appropriations per FTE by State, 2005

U.S.Indiana

Source: SHEEO SHEF, State Higher Education Finance FY2005.

4%

112%

32%27%

0%

20%

40%

60%

80%

100%

120%

Wyo

ming

Rhode

Islan

d

Illino

is

Minn

esot

a

Kansa

s

Nebra

ska

Wisc

onsin

Mas

sach

uset

ts

Alabam

a

Mich

igan

North

Dak

ota

Conne

cticu

t

Miss

ouri

New Y

ork

New H

amps

hire

Penns

ylvan

ia

Verm

ontOhi

o

New Je

rsey

Iowa

Wes

t Virg

inia

Miss

issipp

i

Main

e

Alaska

Tenne

ssee

Virgini

a

Delaw

are

Orego

n

Hawaii

Mar

yland

Califo

rnia US

Color

ado

Mon

tana

Mar

yland

New M

exico

India

na

Oklaho

ma

Kentu

cky

Texas

Was

hingt

onId

aho

North

Car

olina

South

Car

olina

Arizon

a

South

Dak

ota

Florida

Louis

iana

Arkan

sasUta

h

Georg

ia

Nevad

a

Full-Time-Equivalent (FTE) Enrollment in Public Higher Education, Percent Change by State, 1990-2005


IndianaU.S.

29.1%

-19.7%-16.0%

-40.8%

-50.0%

-40.0%

-30.0%

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%

Orego

n

Verm

ont

Mon

tana

Colora

do

Mar

yland

Mar

yland

Main

e

Was

hingt

onUta

h

HawaiiIo

wa

Alaska

Oklaho

ma

Virgini

a

FloridaOhio

Minn

esot

a

Mich

igan

India

na

New Y

ork

Penns

ylvan

ia

South

Car

olina

Arkan

sas

US

Wisc

onsin

North

Dak

ota

North

Car

olina

Texas

Rhode

Islan

d

New H

amps

hire

Califo

rnia

South

Dak

otaId

aho

Alabam

a

Conne

cticu

t

Mas

sach

uset

ts

Arizon

a

Delawar

e

Miss

ouri

Tenne

ssee

Georg

ia

Kentu

cky

Illino

is

Kansa

s

Wes

t Virg

inia

Miss

issipp

i

New M

exico

Nebra

ska

Louis

iana

Nevad

a

New Je

rsey

Wyo

ming

Educational Appropriations per FTE,Percent Change by State, 1990-2005

U.S.Indiana


4.9%

-0.5%

42.8%

-20.2%

-30.0%

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

Was

hingt

onUta

h

Hawaii

Florida

Alaska

Oklaho

ma

Color

ado

Louis

iana

Georg

ia

Arkan

sas

Wisc

onsin

Califo

rniaOhi

o

North

Car

olina

Orego

n

New M

exico

North

Dak

ota US

Iowa

New Y

ork

Main

e

Texas

Idah

o

Virgini

a

Verm

ont

Penns

ylvan

ia

Mich

igan

Mar

yland

Mon

tana

India

na

Arizon

a

Minn

esot

a

Illino

is

Miss

ouri

Mar

yland

Nevad

a

South

Dak

ota

South

Car

olina

Kentu

cky

Miss

issipp

i

Alabam

a

New H

amps

hire

Conne

cticu

t

Delaw

are

Rhode

Islan

d

Mas

sach

uset

ts

Kansa

s

Tenne

ssee

Nebra

ska

Wes

t Virg

inia

Wyo

ming

New Je

rsey

Total Educational Revenues per FTE,Percent Change by State, 1990-2005


U.S.

Indiana

Net Tuition as a Percentage of Public Higher EducationTotal Educational Revenues by State, 2005

77%

50%

37%

13%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

Verm

ont

New H

amps

hire

Color

ado

Delaw

are

Mar

yland

Orego

n

Penns

ylvan

ia

Mon

tana

Rhode

Islan

d

Mich

igan

South

Dak

ota

India

naOhi

oIo

wa

Alabam

a

South

Car

olina

Virgini

a

Wes

t Virg

inia

Main

e

Minn

esot

a

North

Dak

ota

New Je

rsey

Tenne

ssee

Mas

sach

uset

ts

Conne

cticu

t

Miss

ouri

Miss

issipp

i

Kansa

s

Arkan

sas

Kentu

cky

Wisc

onsin

Unite

d Sta

tes

Arizon

a

Nebra

skaUta

h

Oklaho

ma

New Y

ork

Texas

Illino

is

Louis

iana

Florida

North

Car

olina

Was

hingt

on

AlaskaId

aho

Nevad

a

Hawaii

Califo

rnia

Georg

ia

Wyo

ming

New M

exico


U.S.

Indiana

Change in State and Family Share of Education Expenditures

FY1995 to FY2005

Source: Indiana Commission for Higher Education.

57.2%

2.2%

40.6%

56.8%

2.5%

40.7%

56.4%

2.7%

40.9%

55.9%

2.7%

41.4%

55.3%

3.0%

41.6%

54.7%

2.9%

42.4%

53.7%

3.0%

43.3%

51.2%

3.4%

45.4%

48.1%

3.7%

48.1%

46.3%

4.1%

49.5%

45.9%

4.0%

50.1%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05

State Operating Appropriations

Tuition & Fees

SSACI Aid


STATE TO STATE COMPARISONS


Selected Peer States

Michigan Illinois

Ohio Wisconsin

Minnesota Virginia

Washington Massachusetts

Enrollment in Public Postsecondary

Institutions in Selected States (Fall 2004)

187,873

241,245

266,884

266,916

293,145

343,391

454,377

500,873

563,593

Massachusetts

Minnesota

Wisconsin

Indiana

Washington

Virginia

Ohio

Michigan

Illinois

Source: Chronicle of Higher Education Almanac

Enrollment in Public Postsecondary Institutions per capita for Selected States

20

21

21

21

22

23

23

25

34

Michigan

Wisconsin

Minnesota

Washington

Virginia

Illinois

Indiana

Ohio

Massachusetts


Enrollment in Public and Independent Postsecondary Institutions in Selected

States (Fall 2004)

15

15

16

16

17

18

18

18

19

Massachusetts

Minnesota

Illinois

Michigan

Wisconsin

Indiana

Virginia

Washington

Ohio


State Appropriationsfor Higher Education FY 2006 ($000)

$918,127

$1,131,515

$1,365,500

$1,430,424

$1,532,281

$1,594,605

$2,017,632

$2,111,733

$2,615,389

Massachusetts

Wisconsin

Minnesota

Indiana

Washington

Virginia

Michigan

Ohio

Illinois


Higher Education Appropriations per capita FY 06

$143

$184

$199

$204

$205

$211

$228

$244

$266

Massachusetts

Ohio

Michigan

Wisconsin

Illinois

Virginia

Indiana

Washington

Minnesota


Higher Education Appropriations per FTE FY 06

$4,028

$4,240

$4,641

$4,644

$4,648

$4,887

$5,227

$5,359

$5,660

Michigan

Wisconsin

Illinois

Virginia

Ohio

Massachusetts

Washington

Indiana

Minnesota


Increases in State Appropriations for Higher Education FY95-FY 06

17%

19%

20%

27%

28%

31%

46%

54%

63%

Wisconsin

Massachusetts

Michigan

Ohio

Minnesota

Illinois

Indiana

Washington

Virginia


Fall headcount enrollment in Indiana postsecondary institutions

0

50,000

100,000

150,000

200,000

250,000

300,000

350,000

400,000

1979-80

1980-81

1981-82

1982-83

1983-84

1984-85

1985-86

1986-87

1987-88

1988-89

1989-90

1990-91

1991-92

1992-93

1993-94

1994-95

1995-96

1996-97

1997-98

1998-99

1999-00

2000-01

2001-02

2002-03

2003-04

2004-05

2005-06

Total346,378

Public266,790

Private79,588

Source: Annual Editions of Report of Enrollment in Indiana Colleges and Universities, prepared for the Indiana Association of Collegiate Registrars and Admissions Officers. Independent Colleges of Indiana. Commission for Higher Education Student Information System.

State Higher Education Operating Appropriations per Hoosier FTE 1992 –

2004 (nominal)

$4,000

$4,500

$5,000

$5,500

$6,000

$6,500

$7,000

1992-93

1993-94

1994-95

1995-96

1996-97

1997-98

1998-99

1999-00

2000-01

2001-02

2002-03

2003-04

2004-05

Source: Indiana Commission for Higher Education

Inflation Adjusted State Higher Education Operating Appropriations per Hoosier FTE

1992 – 2004 (2004 $)

$5,000

$5,500

$6,000

$6,500

$7,000

$7,500

$8,000

1992-93

1993-94

1994-95

1995-96

1996-97

1997-98

1998-99

1999-00

2000-01

2001-02

2002-03

2003-04

2004-05

Source: Indiana Commission for Higher Education

Total State Student Aid Appropriations FY 05 ($000)

$89,899

$104,296

$173,103

$200,970

$240,000

$250,873

$279,179

$295,428

$377,455

Wisconsin

Massachusetts

Washington

Virginia

Ohio

Michigan

Minnesota

Indiana

Illinois


Student Aid Appropriations per capita FY 05

$16

$16

$21

$25

$27

$28

$30

$47

$54

Wisconsin

Massachusetts

Ohio

Michigan

Virginia

Washington

Illinois

Indiana

Minnesota


Student Aid Appropriations per Resident FTE FY 05

$337

$501

$528

$555

$585

$591

$670

$1,107

$1,157

Wisconsin

Michigan

Ohio

Massachusetts

Virginia

Washington

Illinois

Indiana

Minnesota


Student Aid Appropriations per All FTE FY 05

$237

$271

$391

$404

$471

$473

$504

$800

$828

Massachusetts

Wisconsin

Ohio

Michigan

Illinois

Virginia

Washington

Minnesota

Indiana


Total Higher Education and Student Aid Appropriations per capita FY 06

$160

$205

$221

$224

$234

$237

$271

$275

$320

Massachusetts

Ohio

Wisconsin

Michigan

Illinois

Virginia

Washington

Indiana

Minnesota


Total Higher Education and Student Aid Appropriations per FTE (FY 05)

$4,529

$4,577

$5,176

$5,229

$5,310

$5,442

$5,818

$6,466

$6,817

Michigan

Wisconsin

Ohio

Virginia

Illinois

Massachusetts

Washington

Indiana

Minnesota


Average Tuition 4yr. Public Institutions

Fall 04 (U.S. DOE)

$4,926

$5,290

$5,556

$5,666

$6,189

$6,478

$6,497

$7,010

$8,041

Washington

Wisconsin

Virginia

Indiana

Michigan

Minnesota

Illinois

Massachusetts

Ohio


Average Tuition 2yr. Public Institutions

Fall 04 (U.S. DOE)

$1,929

$1,936

$1,952

$2,390

$2,599

$2,796

$2,844

$2,999

$3,839

Virginia

Michigan

Illinois

Washington

Indiana

Wisconsin

Massachusetts

Ohio

Minnesota


Average Tuition 4yr. Independent

Institutions Fall 04 (U.S. DOE)

$13,253

$17,010

$18,380

$18,941

$18,996

$19,031

$19,510

$20,112

$25,935

Michigan

Virginia

Wisconsin

Ohio

Illinois

Washington

Minnesota

Indiana

Massachusetts


Federally Funded Expenditures on Research & Development (NSF FY 04, $000)

Source: NCHEMS using NSF data, 2004.

195,032

306,237

313,517

365,336

526,823

562,845

705,963

820,716

847,844

1,066,129

1,580,959

Kentucky

Iowa

Minnesota

Indiana

Virginia

Wisconsin

Washington

Michigan

Ohio

Illinois

Massachusetts

Federally Funded Expenditures on Research & Development per Capita (NSF FY 04)

47.1

58.7

61.5

70.4

74

81.2

83.9

102.3

103.7

113.7

246.7

Kentucky

Indiana

Minnesota

Virginia

Ohio

Michigan

Illinois

Wisconsin

Iowa

Washington

Massachusetts


Total Expenditures on Research & Development (NSF FY 04, $000)


424,013

524,260

531,770

840,957

848,556

896,913

955,802

1,318,420

1,397,011

1,707,597

2,000,120

Kentucky

Minnesota

Iowa

Indiana

Virginia

Washington

Wisconsin

Ohio

Michigan

Illinois

Massachusetts

Total Expenditures on Research & Development per Capita (NSF FY 04)

102.4

102.9

113.4

115.1

134.3

135.1

138.3

144.5

173.7

180.1

312.2

Kentucky

Minnesota

Virginia

Ohio

Illinois

Indiana

Michigan

Washington

Wisconsin

Iowa

Massachusetts



CAMPUS PEER COMPARISONS

Revenues per FTE Student—Indiana Institutions as a Percentage of Peer Group Medians

Unrestricted: State, Local, Tuition, Fees, Private Gifts Per FTE

Restricted: Government Grants and Contracts

Per FTE

Total E&G Revenue Per FTE Student

102.196.8

114.399.3

125.6

86.981.9

109.0106.487.886.4

119.2126.5

113.483.791.574.380.991.670.895.777.577.475.5

118.095.695.3

119.4

44.568.2

113.984.061.9

38.563.934.455.841.275.251.3

195.8

43.280.0

174.880.484.7

102.055.6

101.5101.382.998.3

126.0203.097.3

139.8

81.083.3

110.9120.0112.1

79.771.087.197.079.085.597.3

136.6

99.477.490.674.276.491.362.790.979.873.276.0

117.1114.193.3

126.0

INDIANA UNIVERSITY-BLOOMINGTON PURDUE UNIVERSITY-MAIN CAMPUS

BALL STATE UNIVERSITY INDIANA UNIVERSITY-PURDUE UNIVERSITY-INDIANAPOLIS INDIANA STATE UNIVERSITY

INDIANA UNIVERSITY-PURDUE UNIVERSITY-FORT WAYNE UNIVERSITY OF SOUTHERN INDIANA INDIANA UNIVERSITY-SOUTH BEND INDIANA UNIVERSITY-NORTHWEST INDIANA UNIVERSITY-SOUTHEAST PURDUE UNIVERSITY-CALUMET CAMPUS INDIANA UNIVERSITY-KOKOMO INDIANA UNIVERSITY-EAST

PURDUE UNIVERSITY-NORTH CENTRAL CAMPUS IVY TECH STATE COLLEGE-NORTHCENTRAL IVY TECH STATE COLLEGE-CENTRAL INDIANA IVY TECH STATE COLLEGE-COLUMBUS IVY TECH STATE COLLEGE-EAST CENTRAL IVY TECH STATE COLLEGE-KOKOMO IVY TECH STATE COLLEGE-LAFAYETTE IVY TECH STATE COLLEGE-NORTHEAST IVY TECH STATE COLLEGE-SOUTH CENTRAL IVY TECH STATE COLLEGE-SOUTHWEST IVY TECH STATE COLLEGE-WABASH VALLEY IVY TECH STATE COLLEGE-WHITEWATER IVY TECH STATE COLLEGE-NORTHWEST IVY TECH STATE COLLEGE-SOUTHEAST VINCENNES UNIVERSITY IVY TECH STATE COLLEGE-BLOOMINGTON

Institution

Revenues

Below 90% of Peer Group Median 90 to 110% of Peer Group Median Above 110% of Peer Group Median

Source: NCHEMS,Indiana Taskforce on Affordability

Expenditures per FTE Student—Indiana Institutions as a Percentage of Peer Group Medians

Below 90% of Peer Group Median 90 to 110% of Peer Group Median Above 110% of Peer Group Median

Instruction Per FTEAcademic Support Per

FTEStudent Service Per

FTEInstitutional Support

Per FTEPlant Operation and

Maintenance Per FTE

INDIANA UNIVERSITY-BLOOMINGTON 103.7 68.2 89.5 148.6 79.3PURDUE UNIVERSITY-MAIN CAMPUS 93.9 66.5 69.3 91.1 107.4

BALL STATE UNIVERSITY 117.8 112.4 90.7 98.6 166.1INDIANA UNIVERSITY-PURDUE UNIVERSITY-INDIANAPOLIS 125.5 187.3 57.2 57.9 120.6INDIANA STATE UNIVERSITY 113.9 105.2 76.8 107.8 135.3

INDIANA UNIVERSITY-PURDUE UNIVERSITY-FORT WAYNE 96.8 40.6 53.0 77.4 94.3UNIVERSITY OF SOUTHERN INDIANA 70.0 63.9 59.0 93.3 72.9INDIANA UNIVERSITY-SOUTH BEND 112.3 99.9 38.4 91.6 88.0INDIANA UNIVERSITY-NORTHWEST 103.7 80.2 68.8 76.3 96.8INDIANA UNIVERSITY-SOUTHEAST 82.1 78.2 59.0 90.9 52.4PURDUE UNIVERSITY-CALUMET CAMPUS 111.1 40.2 68.8 78.1 116.4INDIANA UNIVERSITY-KOKOMO 87.4 124.0 64.2 101.5 96.5INDIANA UNIVERSITY-EAST 116.4 97.9 116.8 140.7 74.2

PURDUE UNIVERSITY-NORTH CENTRAL CAMPUS 117.7 19.4 63.0 126.7 121.6IVY TECH STATE COLLEGE-NORTHCENTRAL 71.2 96.6 48.9 58.7 83.8IVY TECH STATE COLLEGE-CENTRAL INDIANA 91.9 73.1 60.5 109.2 97.2IVY TECH STATE COLLEGE-COLUMBUS 68.6 57.2 57.8 91.6 73.0IVY TECH STATE COLLEGE-EAST CENTRAL 69.0 78.6 64.3 74.4 72.7IVY TECH STATE COLLEGE-KOKOMO 86.8 89.3 67.8 106.2 99.5IVY TECH STATE COLLEGE-LAFAYETTE 48.1 57.0 43.9 75.0 63.2IVY TECH STATE COLLEGE-NORTHEAST 77.2 112.9 58.1 72.9 72.4IVY TECH STATE COLLEGE-SOUTH CENTRAL 76.2 87.2 53.5 75.9 59.6IVY TECH STATE COLLEGE-SOUTHWEST 67.5 95.2 44.0 55.5 65.4IVY TECH STATE COLLEGE-WABASH VALLEY 81.7 37.6 49.3 57.0 59.5IVY TECH STATE COLLEGE-WHITEWATER 115.1 111.5 100.6 179.3 105.5IVY TECH STATE COLLEGE-NORTHWEST 93.3 53.5 72.7 105.2 78.3IVY TECH STATE COLLEGE-SOUTHEAST 70.3 51.5 65.1 172.3 149.4VINCENNES UNIVERSITY 126.9 86.2 69.8 71.1 95.0IVY TECH STATE COLLEGE-BLOOMINGTON

Institution

Expenditures

Source: NCHEMS,Indiana Taskforce on Affordability


INDIANA’S FISCAL POSITION

Change in Official Combined Reserve Balance including debt owed to Postsecondary Institutions,

Schools and Local Units of Government$2,264.9 $2,209.9

$1,841.3

$909.6

$160.5$13.6

-$190.0-$90.8

$41.9

$265.0

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

FY 07 estimated. Source: State Budget Agency

State General Fund and PTRC Revenue Growth FY00 – FY 07

2.9%

-3.0%-3.8%

13.4%

7.5% 7.5%

5.5% 5.4%

FY 00

FY 01

FY 02

FY 03

FY 04

FY 05

FY 06

FY 07

Note: FY 00-06 actual, FY 07 estimated. Source State Budget Agency

Compare State Revenue Growth with Higher Education Appropriations FY00 – FY 07

2.9%

-3.0%-3.8%

13.4%

7.5% 7.5%

5.5% 5.4%

8.8%

4.5%

-0.2%

0.0%0.7%

3.6%

2.0%2.8%

FY 00

FY 01

FY 02

FY 03

FY 04

FY 05

FY 06

FY 07

revenue growth higher education approps

State revenue forecast for FY 08 and FY 09 will be December 2006


DEBT SERVICE

Change in State Appropriations FY01 – FY 07

11.4%

-6.6%

23.1%

-17.7%

-67.0%

Operating Line Items Fee replacement Other Op cash capital (R&R)

Debt Service as a Percentage of Operating and Debt Service Appropriations 1975-2005

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

New Appropriations FY 06$28.6 million

R&R

SSACI

Univ line items

fee replacement

operating only

other line items

New Appropriations FY 07$44.8 million

operating only

Univ line items

other line items

R&R

SSACI

fee replacement

Debt Service Requests 07-09($ millions)

FY 08 FY 09

$25.9 $50.7*

*FY 09 would be the appropriation if all capital projects requested are authorized by the General Assembly

Plant Expansion

Continuation of method implemented in 2003-05– Nonresearch facilities receive the lesser of the

statewide average personal services and general S&E per GSF + campus utilities per GSF or the actual request

– Research facilities calculated in same manner, but using statewide research facility average for personal services and general S&E + campus research facility utility costs per GSF

– New leases requested in plant expansion

Plant Expansion Requests 07-09($ millions)

FY 08 FY 09

$10.0 $14.3


DEGREE COMPLETION INCENTIVE

Degree Production Incentive

• While it is very important to fund growth, the State should consider outputs as well as inputs in its funding decisions

• Increasing graduation rates and decreasing time to degree is good for students, parents, institutions, and the State

• The State should consider a base adjustment that rewards institutions for graduating more students faster

Six-Year Degree-Completion Rates in Indiana Postsecondary Education by Race

and Degree

33%

26%30%

47%

35%

56%

0%

10%

20%

30%

40%

50%

60%

All Students African American Hispanic

Associate Degree Baccalaureate Degree

Source: National Center for Education Statistics, 2003 IPEDS Graduation Rate Survey

Six-Year Graduation Rates Relative to Peer Groups

Indiana University-Bloomington

Purdue University-Main Campus

Ball State University

Indiana University-Purdue University-Indianapolis

Indiana State University

Indiana University-Purdue University-Fort Wayne

University of Southern Indiana

Indiana University-South Bend

Indiana University-Northwest

Indiana University-Southeast

Purdue University-Calumet Campus

Purdue University-North Central Campus

Indiana University-Kokomo

Indiana University-East

INDIANA UNIVERSITY-BLOOMINGTON

PURDUE UNIVERSITY-MAIN CAMPUS

BALL STATE UNIVERSITY

INDIANA UNIVERSITY-PURDUE UNIVERSITY-INDIANAPOLIS

INDIANA STATE UNIVERSITY

INDIANA UNIVERSITY-PURDUE UNIVERSITY-FORT WAYNE

UNIVERSITY OF SOUTHERN INDIANA

INDIANA UNIVERSITY-SOUTH BEND

INDIANA UNIVERSITY-NORTHWEST

INDIANA UNIVERSITY-SOUTHEAST

PURDUE UNIVERSITY-CALUMET CAMPUS

PURDUE UNIVERSITY-NORTH CENTRAL CAMPUS

INDIANA UNIVERSITY-KOKOMO

INDIANA UNIVERSITY-EAST

Range of Peer Groups

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Source: National Center for Higher Education Management Systems (IPEDS Graduation Rate Survey, 2003)

Degree Production Incentive as proposed 05-07

• Funding for 4-yr institutions based on improvement in baccalaureate degrees awarded per Hoosier FTE

• Funding for 2-year institutions based on improvement in associate’s degrees awarded per Hoosier FTE

• Incentive pays $3,500 per FTE, same as enrollment change subsidy rate

• Using baccalaureate degrees per Hoosier FTE provides for the inclusion of part-time and transfer students


SPECIAL APPROPRIATION REQUESTS

Economic Development Related Higher Education Special Appropriation Requests

FY 08 FY09

Life Sciences (IU) 30,000,000 50,000,000

Purdue Indiana's New Manufacturing Economy $5,000,000 $5,000,000

International Ctr for Motorsports Studies (ISU) $500,000 $1,050,000

Ctr for Research, Enterprise & Econ Develop (ISU) $400,000 $850,000

Econ Devel Outreach In SW Indiana (USI) $950,000 $1,800,000

Strategic Skills Initiative (VU) $3,500,000 $6,000,000

higher education budgeting in indiana 102 indiana commission for higher education october 12, 2006

Documents