The ܽƵapp is once again among the leaders in the State ܽƵapp System’s performance-based funding scores for 2021, according to data released today during a meeting of the Florida Board of Governors (BOG).
USF placed second out of 12 state universities in the model that measures each institution’s performance in a series of 11 ܽƵapp success-based metrics, earning 94 out of a possible 100 points. Since the state implemented the performance-based funding model in 2014, USF is the only university to finish in the top four every year. USF’s position includes the performance of the Tampa, St. Petersburg and Sarasota-Manatee campuses.
USF earned perfect scores for excellence in the following categories, according to the BOG’s formula:
* Four-year graduation rate
* Median wages of graduates who earned a bachelor’s degree
* Bachelor's degrees awarded in areas of strategic emphasis
* Graduate degrees awarded in areas of strategic emphasis
* Net tuition and fees per 120 credit hours
“The ܽƵapp is proud to be recognized for sustaining top scores in our state’s critical performance metrics, especially given the unprecedented challenges our university community successfully navigated throughout the global pandemic,” USF President Steven C. Currall said. “USF’s performance reflects our commitment – year after year – to position our ܽƵapps for lifelong success, beginning with graduating on time, with little debt, and skilled for high-wage, high-demand jobs in our state."
The state’s metrics are designed to focus on key performance indicators, such as affordable access, graduating ܽƵapps at a high rate, minimizing ܽƵapp debt and preparing ܽƵapps for high-skilled, high-paying jobs in high-demand fields. USF also performed particularly well in the newest metric, the two-year graduation rate for transfer ܽƵapps from the Florida College System, which reaffirms the university’s commitment to ܽƵapp access for success.
More information on the BOG’s performance-based funding model is available