Performance Based Funding Model
The Performance Based Funding Model includes 10 metrics that evaluate Florida institutions on a range of issues. These metrics were chosen after reviewing over 40 metrics identified in the University Work Plans.
The model has four guiding principles: 1) use metrics that align with SUS Strategic Plan goals, 2) reward Excellence or Improvement, 3) have a few clear, simple metrics, and 4) acknowledge the unique mission of the different institutions.
Individual University Impact
The allocation below is dependent on approval of the Legislative Budget Request for 2014-15. The metrics and benchmarks are presented for each institution in the PowerPoint slides prepared for the January 2014 Board meeting. Answers to frequently asked questions and definitions are also included below.
- Allocation to institutions approved at Board of Governors June Board Meeting June 19, 2014
- University Improvement Plans Approved at Board of Governors June Board Meeting June 19, 2014
Data and Methodology
The final data used in the Performance Based Funding Model is provided below as well as documents providing details about the data processes and methodology used to produce the data.
- 2014 Performance Based Funding Model Final Data
- Methodology Documents
- Post-Graduation (#1 & #2)
- Cost per Degree (#3)
- Graduation and Retention Rates (#4 & #5)
- Degrees in Programs of Strategic Emphasis (#6 & #8)
- University Access Rate (#7)
- Excess Hours (#9)
BOARD OF GOVERNORS Meeting Materials Related to Performance Funding
University presidents, provosts and boards of trustees have been involved in the development of the performance funding model since the fall of 2012. At each Board meeting there were discussions and updates provided on the status of developing the model. Discussions were also held with university staff through phone calls and face-to-face meetings. The Florida Board of Governors approved the 10-Metric Performance Based Funding Model during their January 2014 meeting at Florida Gulf Coast University in Fort Myers, FL.
Performance Based Funding-State Comparison
There is a national trend towards performance-based funding with Tennessee being the pioneer state. To view information on other states that have adopted performance funding measures, please see the links below.
- National Map of Performance-Based Funding Initiatives
- PDF comparisons of FL to Arkansas, Arizona, Illinois, Indiana, Iowa, Kansas, Missouri, Ohio, Pennsylvania, Tennessee and Texas models.
Performance Based Funding News Clips
Select news clips on performance based funding in Florida:
- Introduction to Performance Based Funding (January 14, 2014)
- University Concerns about Performance Based Funding (January 16, 2014)
- Chancellor Criser's Letter to the Editor (February 14, 2014)
- Chancellor Criser Explains Performance Based Funding (March 1, 2014)
- Universites Commit to Performance Based Funding (March 21, 2014)
- Board of Governors' Performance Funding Model Receives Recognition at National Conference (May 29, 2014)
- Governor Scott Signs State University System Budget (June 2, 2014)
- USF St. Pete Makes Push to Retain Students (June 9, 2014)
- Florida Universities Get $200 Million in Performance Funding (June 17, 2014)
- University receives $8.1 million in performance-based funding in time for its 18th year (August 20, 2014)
For more news clips on performance based funding or the State University System of Florida, please visit the news archive