ivy tech community college accelerating greatness commission for higher education october 9, 2010
DESCRIPTION
Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010. Adults 18 – 34 Enrolled in College. 3. Lumina’s Big Goal 6,454+ Graduates / Per Year. If Ivy Tech produces: 75 percent = 4,840+ 50 percent = 3,227+ 25 percent = 1,613+. 5. - PowerPoint PPT PresentationTRANSCRIPT
![Page 1: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/1.jpg)
Ivy Tech Community CollegeAccelerating Greatness
Commission for Higher EducationOctober 9, 2010
![Page 2: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/2.jpg)
Adults 18 – 34 Enrolled in College
3
Korea US0%
10%
20%
30%
40%
50%
60%
1st
7th
![Page 3: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/3.jpg)
Lumina’s Big Goal6,454+ Graduates / Per Year
If Ivy Tech produces:
- 75 percent = 4,840+- 50 percent = 3,227+
- 25 percent = 1,613+
5
![Page 4: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/4.jpg)
Complete to Compete (NGA)- Reclaim the nation’s rank as first in the world
in college attainment
- Need to produce an additional 8.2 million college graduates
- Cannot be met with recent high school graduates alone
- Need to focus on improving educational attainment among adults.
7
![Page 5: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/5.jpg)
American Graduation Initiative
To lead the world with the highest proportion of college graduates by 2020
5 million more community college graduates
8
![Page 6: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/6.jpg)
60%receive
financial aid
13
![Page 7: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/7.jpg)
Avg. age – 27.3
10
![Page 8: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/8.jpg)
Approximately 25% are
single moms
11
![Page 9: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/9.jpg)
13,000 African-
American students
12
![Page 10: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/10.jpg)
Nearly 10,000
students on food stamps
16
![Page 11: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/11.jpg)
Measuring Success
R #7 Wabash Valley
R #13 South Central
R #14 Bloomington
R #1 Northwest
R #4 Lafayette
R #9 Richmond
R #11 Southeast
ITCCI
R# 6 East Central
R #8 Central Indiana
R #3 Northeast
R #10 Columbus
R #12 Southwest
R #5 Kokomo
R #2 North Central
0.0% 10.0% 20.0% 30.0% 40.0% 50.0%
20.1%
15.3%
14.9%
15.2%
19.0%
21.5%
17.6%
15.4%
17.1%
10.9%
15.4%
16.8%
13.2%
15.8%
14.4%
4.2%
3.0%
3.0%
3.4%
2.7%
2.5%
5.0%
3.2%
2.9%
2.3%
4.2%
3.2%
3.9%
4.3%
2.8%
15.1%
21.7%
16.7%
19.1%
16.3%
11.6%
12.6%
15.8%
13.6%
19.4%
14.1%
12.1%
14.8%
11.2%
13.0%
6.5%
3.7%
8.7%
5.3%
4.7%
5.7%
5.9%
6.0%
6.6%
6.4%
5.2%
6.1%
5.6%
6.0%
6.5%
ITCCI Grads Grad & Transfer Transfers Still Enrolled
2003 Cohort - First-Time, Degree-Seeking Students both Full and Part-time
(Followed Six Years Through Academic Year 2008-09)
45.9%
43.7%
43.3%
43.0%
42.6%
41.4%
41.2%
40.5%
40.2%
39.1%
38.9%
38.2%
37.6%
37.3%
36.6%
19
![Page 12: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/12.jpg)
Graduate: 15.4%
Grad/Transfer: 3.2%
Transfer: 15.8%
Still Enrolled: 6.0%
Total: 40.5%
Measuring Success
20
![Page 13: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/13.jpg)
Left Ivy Tech because:• Credential• Job• Money • Time• Family • Aptitude
Success Unknown = 60%
20
![Page 14: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/14.jpg)
Accelerating GreatnessEnsure that students achieve their educational goals
Ensure that Indiana's citizens, workforce, and businesses are globally competitive
Ensure optimal quality and efficiencies statewide
Ensure an adequate and sustainable resource base
22
![Page 15: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/15.jpg)
New Initiatives – Fall 2010
Mandatory Orientation
Mandatory Advising Prior to Remediation
Financial Aid Priority Processing Dates
Decreased Textbook Variance
24
![Page 16: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/16.jpg)
More New Initiatives
Accelerated Associate Degree Program
Adult Degree Completion Program
Manufacturing Institute Partnership
Tennessee Completion Model
25
![Page 17: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/17.jpg)
Support for our Students
$10,110
$9,068 $8,725
$6,928
$5,351
$4,592 $4,570 $4,446 $4,312 $4,305
$2,321
$-
$2,000
$4,000
$6,000
$8,000
$10,000
$12,000
PUWL ISU IUB BSU VU IU Reg. USI IUPUI IPFW PU Reg. Ivy Tech
Appropriation Per FTE Student
26
![Page 18: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/18.jpg)
Support for our Students
Appropriation Per Ivy Tech FTE Student
2005-06 2006-07 2007-08 2008-09 2009-10 Est. 2010-11 Est. $-
$500
$1,000
$1,500
$2,000
$2,500
$3,000
$3,500 $3,248 $3,169 $3,106 $2,971
$2,553 $2,321
27
![Page 19: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/19.jpg)
Reinvesting Savings into our StudentsInitiative
One Time Impact FY2008 Impact FY2009 Impact FY2010 Impact FY2011 Impact
Bookstore Outsourcing & Privatization $ 7,650,000 $ 3,800,000 $ 3,682,000
Single Source Advertising Agency $ 300,000
Health Insurance- Self-Insurance-Claims Mgt-Plan Changes $ 3,400,000 $ 1,600,000PC Buy Consolidation with Dell & Price Reductions $ 325,000 $ 1,035,610 $ 95,150Bond Rating Increase from A+ to AA- (Present Value) $ 2,638,000 Build America Bond Savings – PV (Elk/War/Sel/Ind) (Present Value) $ 2,700,000Property and Casualty Insurance Modification & Re-negotiated Contract $ 200,000 $ 500,452Central Indiana Food Service $ 96,180 Waste Disposal Contract Negotiations $ 10,900 $ 10,900 Distance Ed Headsets and Cameras $ 9,700 $ 9,700 Energy (Gas) Audit $ 9,699 $ 4,148 HP PC Negotiation $ 14,763 Stateside Copier Consolidation - IKON $ 100,000 $ 100,000 $ 400,000 RCI Telecommunications Audit $ 17,769 $ 4,500 $ 48,090 Oracle License Negotiation - Sunguard $ 770,720 Print Marketing Consolidation $ 75,000 $ 75,000Phase 1 Financial Aid Commonization $ 50,000Autodesk CAD Software License Negotiation $ 1,357 $ 6,786 VOIP - Ft. Wayne BAFO Negotiation & 3-G Interactive Intelligence $ 270,085Marketing Postage Savings through Jackson Group $ 29,071 $ 115,256 $ 120,000One Time Salary Freeze $ 7,000,000
Architecture A & E Standards $ 240,096 $ 330,390
Network Equipment Consolidation – RCP- Brocade & Cisco $ 550,000Furniture Standards and Buy Consolidation $ 1,000,000Guaranteed Energy Savings Contract – Indianapolis $ 7,300,000Total Savings from Executed Initiatives $ 21,510,651 $ 363,771 $ 9,083,047 $ 14,738,853 $ 1,000,000
28
![Page 20: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/20.jpg)
Savings (Millions)
Annual = $25.2
One Time = $21.5
29
![Page 21: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/21.jpg)
Unfunded Formula Based Submission2009-2011 biennium performance formula funding should have resulted in $47,000,000 more for Ivy Tech Community College.
Serving over 165,000 students yet we are operating with a funding model of just 120,000 students.
Depending on funding for 2011-2013 Ivy Tech may be short $150,000,000 in performance funding over the last two biennia.
30
![Page 22: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/22.jpg)
Submission Based on CHE FormulaFormula Basis 2011-12 2012-13Successfully Completed Credit Hours $55,417,450 --Dual Credit Completed Credit Hours $5,484,944 --Change in Degrees $4,368,000 --Low Income Degrees $832,000 --
Capital RequestMuncie New Construction $35,000,000Lafayette New Construction $25,000,000South Bend New Construction $25,000,000Ft. Wayne New Construction $25,000,000Columbus New Construction $30,000,000
31
![Page 23: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/23.jpg)
Debt Service
Costs Per Estimated FTE Student
32
$1,236 $1,234
$1,058
$854
$647$549
$377
![Page 24: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/24.jpg)
73% of our students are
working adults
14
![Page 25: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/25.jpg)
Average Income$25,073
Median Income$19,103
15
![Page 26: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/26.jpg)
![Page 27: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/27.jpg)
![Page 28: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/28.jpg)
![Page 29: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/29.jpg)
![Page 30: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/30.jpg)
![Page 31: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/31.jpg)
![Page 32: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/32.jpg)
![Page 33: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/33.jpg)
![Page 34: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/34.jpg)
![Page 35: Ivy Tech Community College Accelerating Greatness Commission for Higher Education October 9, 2010](https://reader036.vdocuments.us/reader036/viewer/2022062422/56812e87550346895d942add/html5/thumbnails/35.jpg)