1. Retention Outcomes Measuring the Impact and Cost ofRetention Programs at Seattle University

2. ,1 86$ 23 3. Average Debt of Bachelor Degree Graduatesin Washington, Private Non-Profit Institutionshttp://college-insight.org/ 4. Benefits of Higher Education (not a comprehensive list)Student Reap benefitsan advanced degreebringsInstitution - Fulfillmentof educational missionNation - Informed andcompetitive citizenry 5. Attrition Consequences(not a comprehensive list)Student Loss of resourcesinvested and potential futureearning gainsInstitution - Loss of resourcesinvested in scholarships andgrantsNation - In 2007, loss of $1.37billion in student aid money(Schneider, 2010) 6. Retention Programs 7. Impact?Cost? 8. Important Questions! How does the programimpact retention rates? How efficiently does theprogram use institutionaldollars in retaining students? 9. Investing in Student Success Cost Return CalculatorJobs for the Future and the Delta Project on PostSecondary Cost, Productivity andAffordability (2009) 10. Definitions Retention: Did student come back for Year 2? Year 1 = Year participated in retention program Year 2 = The following academic year Control Group: Students who were notenrolled in a retention program and hadsimilar high school GPAs 11. Category20062007 200820094 Year AvgNumber of FTE students 8431 36 39 48One Year Retention Rate for program95% 90%89%97%93%participantsNumber of participating students retained 80 2832 3845One-year retention rate for comparison 89% 88%89%88%89%group of students not participating inprogramNumber of participating students retained 75 27 32.0 34.3 42when using the retention rate of comparisongroupAdditional number of students retained that 5.20.7 0.03.7 2.4may be associated with participation in theprogramNet tuition and state/local appropriations$ 14,673.00 $ 15,851.00 $ 16,480.00 $ 17,574.00 $16,144.50revenue per FTE studentTotal net tuition and state/local $ 76,886.52 $$ (659.20) $ 64,672.32 $38,078.09appropriations revenue from additionalstudents retained11,412.72Total program expenses per FTE student$ 1,481.03 $ 1,536.38$ 1,761.62$ 1,465.54 $ 1,561.14(including estimated indirect costs)Total Program expenses$ 124,406.52 $ 47,627.78 $ 63,418.32 $ 57,156.06 $ 73,152.17Net earnings from additional students $ (47,520.00) $(36,215.06) $ (64,077.52) $ 7,516.26 $ (35,074.08)retainedPercentage of program expenses recouped62% 24%-1% 113%49%by retaining participating students