Providence, RI—On Wednesday, November 9, 2016, the Council on Postsecondary Education voted to approve proposed performance metrics for the University of Rhode Island, Rhode Island College, and the Community College of Rhode Island, along with the system-wide budget for FY18. Approved by the Board of Education on November 16, the budget proposal now heads to the Governor's desk.
“Performance measures are designed to ensure that our institutions are serving the needs of our students and the state,” said Bill Foulkes, Chair of the Council on Postsecondary Education. “The Council is pleased that URI, RIC, and CCRI have proposed ambitious metrics that promote student success and career readiness.”
Performance metrics for the colleges and university have been developed in three categories: 1) graduation rates, 2) production of graduates in high-demand and high-wage fields, and 3) measures related to each institution's role, scope, and mission.
Performance-based funding legislation was passed in the 2016 legislative session and signed into law in August. Beginning in FY 2019, URI, RIC, and CCRI will be expected to show improvement on their performance measures. If an institution does not meet its goals, a portion of state funding will be redirected toward improving performance. Under this model, institutions will not lose any funding.
The proposed budget for FY18 includes an increase of $11.1 million in state appropriations, as well as tuition/fee increases for each of the institutions. In approving these increases, the Council considered that the institutions need additional revenue to fund employee salary and healthcare obligations and undertake new initiatives for improving student success, including expanding professional advising, streamlining the admissions process, and growing world-class faculty.