2008 Woodie Awards
State funds cut slightly
By Amy Kelly
Rocket News Editor
Issue date: 10/26/07 Section: News
The 14 Pennsylvania State System of Higher Education universities received a combined $38.7 million in funding for the 2007-08 school year, but Slippery Rock University dropped $375,063 from last year's funding.
Between Bloomsburg, California, Cheyney, Clarion, East Stroudsburg, Edinboro, Indiana, Kutztown, Lock Haven, Mansfield, Millersville, Shippensburg and West Chester universities, SRU received $3,966,281, slightly less than the $4,341,344 allocated last year.
The four universities that outscored SRU in funding were West Chester receiving the most ($5,371,246), California ($4,275,500) and Indiana ($4,031,281).
"There are eight performance indicators that the board of governors use to choose how much money each university is awarded," said Kenn Marshall, PASSHE's media relations manager.
The performance indicators include: the number of degrees awarded, second-year persistence rate, four and six-year graduation rates, faculty productivity, employee diversity, personnel ratio, instructional cost and terminal degrees.
"With the first indicator, degrees awarded, PASSHE is looking for how the university has progressed in the past year compared to the other 13 universities," Marshall said. "PASSHE has system-wide goals to improve enrollment and the value of the state-school degree."
SRU earned more money under this standard than last, year jumping from $96,185 to $404,226.
The second-year persistence rate is based on freshmen returning to the university as sophomores.
"In the country, the average is that only 40 percent of freshman return as sophomores," Marshall said. "PASSHE universities are above the national average, with about a 75 percent return rate."
Even though the return percentage is higher among PASSHE schools, SRU received less money compared to last year in this category, from $359,430 to $252,351
Another classification that SRU lost money in is four- and six-year graduation rates, where the university's allocations dropped from $565,887 to $342,106.
Between Bloomsburg, California, Cheyney, Clarion, East Stroudsburg, Edinboro, Indiana, Kutztown, Lock Haven, Mansfield, Millersville, Shippensburg and West Chester universities, SRU received $3,966,281, slightly less than the $4,341,344 allocated last year.
The four universities that outscored SRU in funding were West Chester receiving the most ($5,371,246), California ($4,275,500) and Indiana ($4,031,281).
"There are eight performance indicators that the board of governors use to choose how much money each university is awarded," said Kenn Marshall, PASSHE's media relations manager.
The performance indicators include: the number of degrees awarded, second-year persistence rate, four and six-year graduation rates, faculty productivity, employee diversity, personnel ratio, instructional cost and terminal degrees.
"With the first indicator, degrees awarded, PASSHE is looking for how the university has progressed in the past year compared to the other 13 universities," Marshall said. "PASSHE has system-wide goals to improve enrollment and the value of the state-school degree."
SRU earned more money under this standard than last, year jumping from $96,185 to $404,226.
The second-year persistence rate is based on freshmen returning to the university as sophomores.
"In the country, the average is that only 40 percent of freshman return as sophomores," Marshall said. "PASSHE universities are above the national average, with about a 75 percent return rate."
Even though the return percentage is higher among PASSHE schools, SRU received less money compared to last year in this category, from $359,430 to $252,351
Another classification that SRU lost money in is four- and six-year graduation rates, where the university's allocations dropped from $565,887 to $342,106.
Be the first to comment on this story