thecb legislative agenda: aligning funding with student success proposed outcomes-based funding...
TRANSCRIPT
THECB Legislative Agenda: Aligning Funding with Student Success
Proposed Outcomes-Based Funding Model for
Public Universities
Thursday, March 10, 201110:30 P.M.
THECB Legislative Agenda: Aligning Funding with Student Success
Model Mechanics – point calculations
The THECB recommendation for outcomes-based funding includes the same basic methodology already employed in the existing Performance Incentive funding model.
Points are based on degrees (Undergraduate)
Funding is split between the two point
calculations
Biennial Increase/Decrease
Total Three-Year Average
THECB Legislative Agenda: Aligning Funding with Student Success
10% of Formula = Student Success Metrics
(Outcomes)
½ allocated based on 2-year over 2-year
Increases
½ allocated based on 3-year averages
Equation:
Average of 2009 & 2010 Degrees
MINUS
Average of 2007 & 2008 Degrees
Equation:
SUM
2010, 2009, 2008 Degrees
DIVIDED by
3
THECB Legislative Agenda: Aligning Funding with Student Success
Example of Outcomes Calculation
Biennial Increase/Decrease
YearDegree
s YearDegree
s
2010 400 2008 200
2009 200 2007 1002-Year
Average 300 150
Increase = 300 – 150 = 150
Metric: Undergraduate Degrees
Total 3-Year Average
Year Degrees
2010 400
2009 200
2008 200
3-Year Average = (400 + 200 + 200)/3 = 267
Total Points = 150 + 267 = 417
Each metric is calculated under the same methodology Points are totaled to determine allocation of 10% of total
funding Outcomes funding accounts for 4-years of institutional
data
THECB Legislative Agenda: Aligning Funding with Student Success
Points are calculated on 4 Factors
• 4-Year Institutions • Upper-Level Institutions
Above/Below Predicted Degrees
At-Risk Degrees
Undergraduate Critical Field Degrees
Total Undergraduate Degrees
• SAT or ACT below average• Pell Grant recipient • Part-time student • Initially enrolled at 20 or
older•High school equivalency certificate recipient in the last 6 years.
• STEM• Nursing• Allied Health
• Math and Science Teacher Certifications
• Baccalaureate•Associates of Applied Science
(AAS)
THECB Legislative Agenda: Aligning Funding with Student Success
Above/Below Predicted Degrees
Actual Grad Rate
minus
Predicted Grad Rate
equals
Difference
times
Cohort
equals
Above/Below Predicted
90%
minus
80%
equals
10%
times
2,000 Students
equals
200 Degrees Above
formula example
THECB Legislative Agenda: Aligning Funding with Student Success
Predicted Graduation RateMultiple regression model
Dependent Variable = 6-year Graduation Rate
Independent Variables - 4-Year InstitutionsPell Recipients Top 10 Percent high school graduates
Independent Variables - Upper-Level Institutions
Pell Recipients Credits Attempted in the last two years
THECB Legislative Agenda: Aligning Funding with Student Success
Predicted Graduation RateMultiple regression model
40% 45% 50% 55% 60% 65% 70% 75% 80% 85% 90%0%
10%
20%
30%
40%
50%
60%
70%
f(x) = − 0.991212653778556 x + 0.969771528998241
6-Year Graduation Rate
Perc
ent P
ell R
ecip
ient
s