Strategic Plan/Accountability Plan



Metric Definitions

This metric is based on the percentage of first-time-in-college (FTIC) students who started in the Fall (or summer continuing to Fall) term and had graduated from the same institution within six years. Students of degree programs longer than four years (e.g, PharmD) are included in the cohorts. Students who are active duty military are not included in the data.
A count of baccalaureate degrees awarded during the academic year (Summer, Fall and Spring Semesters)
A count of graduate degrees awarded during the academic year (Summer, Fall and Spring Semesters). Includes master’s, professional, and doctorate degrees.
The number of degree-seeking students who are enrolled in credit courses, regardless of course load (full- and part-time).

*Note: This table reports the number of students enrolled at the university by student type categories. The student type for undergraduates is based on the Type of Student at Time of Most Recent Admission. The student type for graduates is based on the degree that is sought and the student CIP code. Unclassified refers to a student who has not yet been formally admitted into a degree program but is enrolled. (1) ‘Other Unclassified’ students include Post-Baccalaureates who are not seeking a degree.

Source: Accountability Plan
The percentage of a full-time, first-time-in-college (FTIC) undergraduate cohort (entering in fall term or summer continuing to fall) that is still enrolled or has graduated from the same institution in the following fall term.
The number of years between the start date (using date of most recent admission) and the end date (using the last month in the term degree was granted) for a graduating class of first-time, single-major baccalaureates in 120 credit hour programs within a (Summer, Fall, Spring) year.
Percent of students enrolled in courses in which at least eighty (80) percent of the direct instruction of the course is delivered using some form of technology and the student and instructor are separated by time or space, or both at the undergraduate level (lower and upper).

Full-time Equivalent (FTE) student is a measure of instructional activity that is based on the Percent of Undergraduate number of credit hours that students enroll. FTE is based on the US definition, which divides FTE Enrolled in Online Courses undergraduate credit hours by 30.
Number of students enrolled in the FAMU online programs. FAMU offers three online degree programs at the graduate level. The programs are Master of Business Administration, Master of Public Heath and Master of Science in Nursing.
The number of doctoral degrees awarded is a measure of the level of production of the universities’ advanced graduate instructional programs.
Total patents awarded by the United States Patent and Trademark Office (USPTO).
Endowment Value - The value at the end of the fiscal year, as reported in the annual National Association of College and University Business Officers (NACUBO) and Commonfund Institute’s annual report of Market Value of Endowment Assets. The endowment value consists of just the permanently endowed funds.

Investment Value - The total pooled investment portfolio, which consists of permanently endowed funds, temporarily restricted funds, and unrestricted funds.

*The reduction in the Endowment value is due to an adjustment made of $14.7M on the FY17-18 Audited Financial Statements to remove the unspent appropriated earnings from prior years, as these are operating funds. The unspent operating funds, endowment earnings appropriated for expenditure, in prior years was reported as part of the Endowment value.
A metric used to quantify the degree to which a customer is happy with a product, service, or experience.

Status Update
An audit finding identifies significant deficiencies and material weakness in the operation and internal control of a process, control deficiencies that are not significant deficiencies or material weaknesses, and recommended improvements in efficiency.

An audit is designed to identify, for those programs, activities, or functions included within the scope of the audit, weaknesses in management’s internal controls; instances of noncompliance with applicable laws, rules, regulations, contracts, grant agreements, and other guidelines; and instances of inefficient or ineffective operational policies, procedures, or practices. The focus of an audit is to identify problems so that they may be corrected in such a way as to improve government accountability and efficiency and the stewardship of management.