PERFORMANCE FUNDS

New Performance Funding Allocation Criteria Each university metric is evaluated based on Excellence or Improvement and has five benchmarks ranging from low to high. The lowest benchmark receives one point, while the highest receives five points. The highest points for Excellence or Improvement are counted in the university’s total score. New funding will be allocated based on points earned, with a maximum of 50 points possible.

A university must earn more than 25 points in order to be eligible to receive new funds. A university earning more than 25 points would receive new funds proportional to their existing base funds with the highest scoring universities eligible for additional new funds. A university scoring 25 points or less, or the three lowest scoring universities, would not receive any new funds. New Performance Funding Allocation Criteria

Base Funding Returned Criteria A prorated amount of the base funds at risk are deducted from each university’s base recurring state appropriation. A university earning more than 25 points will have their base funding restored. A university scoring 25 points or less will have to submit an improvement plan to the Board of Governors and show improvement according to that approved plan in order to have their base funding restored.

FSU Performance Funding FSU receives new funding through Performance or Preeminence funding. FSU competes with the other state universities for Performance Funds. By definition, 3 universities will not receive new funds. For , FSU was within one point of not receiving any new dollars.

Metric 1 - % of Bachelor's Graduates Employed and/or Continuing their Education Further 1 Yr after Graduation Excellence Points – 2Improvement Points - 5 Metric 2 - Median Average Wages of Undergraduates Employed in Florida 1 Yr after Graduation Excellence Points – 3Improvement Points - 4 Metric 1 - % of Bachelor's Graduates Employed and/or Continuing their Education Further 1 Yr after Graduation Excellence Points – 2Improvement Points - 5 Metric 2 - Median Average Wages of Undergraduates Employed in Florida 1 Yr after Graduation Excellence Points – 3Improvement Points - 4

Metric 3 - Average Cost per Undergraduate Degree to the Institution Excellence Points – 2Improvement Points – 2 This measure looks at the total direct plus indirect expenditures. The calculation is based on how FACET forms are completed. Indirect costs associated with academic administration, libraries, university support, plant operations and maintenance are all distributed based on academic personyears from the FACET reports. Indirect costs for academic advising and student services is distributed by student credit hours. Indirect distribution by activity 59.98%Undergraduate 16.09%Graduate 1.11% Public Service 21.23%Research 00.54%Radio/TV 1.05%Museums and Galleries

Ask all faculty to review the effort reported in FACET Be sure to reflect the time spent serving on thesis and doctoral committees Accurately reflect time spent for research and service

Metric 4 - Six Year Graduation Rates (Full-time and Part-time FTIC) Excellence Points 5 Improvement Points 2 Metric 5 - Academic Progress Rate (2nd Year Retention with GPA above 2.0) Excellence Points 5Improvement Points 2 Metric 4 - Six Year Graduation Rates (Full-time and Part-time FTIC) Excellence Points 5 Improvement Points 2 Metric 5 - Academic Progress Rate (2nd Year Retention with GPA above 2.0) Excellence Points 5Improvement Points 2

Metric 6 - Bachelor's Degrees Awarded in Areas of Strategic Emphasis (includes STEM) Excellence Points – 2Improvement Points – 2

Metric 6 cont Compare FSU’s degree inventory with the BOG list of programs of strategic emphasis Ensure that your programs are classified correctly Evaluate programs that may be reclassified as appropriate

Metric 7 - University Access Rate (Percent of Undergraduates with a Pell Grant) Excellence Points – 5Improvement Points - 5 Metric 7 - University Access Rate (Percent of Undergraduates with a Pell Grant) Excellence Points – 5Improvement Points - 5

Metric 8a -Graduate Degrees Awarded in Areas of Strategic Emphasis (includes STEM) Excellence Points 0 Improvement Points 1 Same as metric 6. Encourage PhD students in STEM areas to get Masters on the way to finishing the PhD.

Metric 9-Faculty Awards Excellence Points 2 Improvement Points 0 TARU AWARDS ARE THE ONES THAT COUNT!

Make sure faculty are competing for the following awards: American Council of Learned Societies (ACLS) Fellows Beckman Young Investigators Burroughs Wellcome Fund Career Awards Cottrell Scholars Fulbright American Scholars Getty Scholars in Residence Guggenheim Fellows Lasker Medical Research Awards MacArthur Foundation Fellows National Endowment for the Humanities Fellows National Humanities Center Fellows National Institutes of Health Merit National Medal of Science and National Medal of Technology NSF Career awards Newberry Library Long-term Fellows Pew Scholars in Biomedicine Presidential Early Career Awards for Scientists and Engineers Robert Wood Johnson Policy Fellows Searle Scholars Sloan Research Fellows Woodrow Wilson Fellows

Metric 10 - National Rank Higher than Predicted by the Financial Resources Ranking Based on U.S. News and World News Report Excellence Points – 5Improvement Points - 4 Metric 10 - National Rank Higher than Predicted by the Financial Resources Ranking Based on U.S. News and World News Report Excellence Points – 5Improvement Points - 4

An ounce of performance is worth pounds of promises. Mae West An ounce of performance is worth pounds of promises. Mae West