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All program proposals will be evaluated and the results of the evaluations will be shared with Executive Staff. The Academic Visionary Committee will rank and prioritize proposals using the following criteria:
By 2018, 60 percent of all jobs in Missouri will require a professional certificate or a two-year, four-year or advanced degree. The state has set a goal for 60 percent of adults to have a certificate or degree by 2025. In 2013, about 49 percent of adults in Missouri met this educational requirement. To meet this goal, Missouri must increase its annual production of degrees and certificates by about 2,600 a year, over and above the previous year for the next 10 years. Source: Missouri Department of Higher Education
The University receives a portion of its funding through appropriations received from the State of Missouri. Increases in state appropriations are dependent, in part, on university performance. In 2016, a 6th performance measure will be included in the formula: Institutional performance measures shall include but need not be limited to measuring student retention, graduation rates, student job placement in a field or position associated with the student’s degree level, and pursuit of a graduate degree. (As legislated by Missouri SB492).
The committee will favorably support proposals where there is evidence that a member of the faculty is knowledgeable about the program and is willing to be highly involved in the program’s development. If the proposal is submitted by staff, students or community members, the committee will explore this.
Southeast aspires to grow in headcount and full-time equivalent (FTE) enrollment by 1.5% annually. New programs with the potential to attract students who may not otherwise enroll will be given priority. Data will be used to assess demand for the program and enrollment levels in competitor programs will be reviewed to assess enrollment potential.
Southeast has established a goal to retain 75 percent of first-time, full-time, degree-seeking (FTFTDS) students, to graduate 50 percent of the FTFTDS cohort within six years from Southeast, and to graduate 60 percent of the FTFTDS cohort within six years from any Missouri public institution. Retention and graduate rates affect the portion of state appropriations allocated through performance funding. See #2 for information about performance funding.
The committee and the university’s leadership understand that there is a cost associated with program development. However, certain programs (i.e. opening a med school) would be considered cost-prohibitive, and would consequently be too expensive to support.