Scorecard
| Key Performance Indicators | ||||||||
| Type | # | Description | 2021-22 | 2022-23 | 1-Year* Change | 1-Year* % Change | 2027 Goal | Next Update |
| KPI | 1 | Academic Progress Rate (2nd year retention with GPA above 2.0) | 82.8% | 81.8% |  |
-1.2% | 90% | July 2024 |
| KPI | 2 | FTIC four-year graduation rate | 28.4% | 35.0% |  |
23.2% | 55% | July 2024 |
| KPI | 3 | FTIC PELL recipient six-year graduation rate | 57.4% | 49.8% | |
-13.2% | 67% | July 2024 |
| KPI | 4 | Percent of Bachelor’s graduates enrolled or employed full-time (earning salary of $40,000+) | 66.9% | 67.1% | |
0.3% | 80% | July 2024 |
| KPI | 5 | Median wages of bachelor’s graduates full-time | $39,500 | $43,700 | |
0.0% | $39,400 | July 2024 |
| KPI | 6 | Average cost to student | -$17,750 | $1,190 | |
106.7% | $7,540 | July 2024 |
| KPI | 7 | Bachelor degrees awarded within programs of strategic emphasis | 51.8% | 54.3% | |
10.8% | 55% | July 2024 |
| KPI | 8 | Graduate degrees awarded within programs in strategic emphasis | 50.0% | 51.7% | |
3.4% | 60% | July 2024 |
| KPI | 9 | Number of bachelor degrees awarded to transfers with AA Degrees from FCS | 340 | 293 | |
-13.8% | 400 | July 2024 |
| KPI | 10 | Professional licensure exam scores relative to benchmarks | 1 | 1 |  |
0.0% | 4 | July 2024 |
| KPI | 11 | Number of research doctorates awarded | 28 | 35 | |
25.0% | 30 | July 2024 |
| KPI | 12 | Fall headcount enrollment | 8,926 | 8,955 | |
0.3% | 10,000 | July 2024 |
| KPI | 13 | Total R&D expenditures | $59.0M | $66.0M | |
11.9% | $49.0M | July 2024 |
| KPI | 14 | Annual giving | $24.6M | $25.7M | |
4.5% | $20.0M | July 2024 |
| KPI | 15 | Endowment value | $110.6M | $113.3M | |
2.4% | $150.0M | July 2024 |
| Strategic Priority One - Student Success | ||||||||
| Type | # | Description | 2021-22 | 2022-23 | 1-Year* Change | 1-Year* % Change | 2027 Goal | Next Update |
| SP1 | 1.1 | FTIC 4-Year Graduation Rate |
28.4% |
35.0% |
|
23.2% | 55% | July 2024 |
| SP1 | 1.2 | Academic Progress Rate (2nd year retention with GPA above 2.0) | 82.8% | 81.8% | |
-1.2% | 90% | July 2024 |
| SP1 | 1.3 | FCS AA Transfer Three-Year Graduation Rate | 61.6% | 60.5% | |
-1.8% | 67% | July 2024 |
| SP1 | 1.4 | FTIC Pell Recipients Six-Year Graduation Rate | 57.4% | 49.8% | |
-13.2% | 67% | July 2024 |
| SP1 | 1.5 | University Access Rate (Undergraduate with PELL) | 56.8% | 57.4% | |
1.1% | 60% | July 2024 |
| SP1 | 1.6 | Average Cost to Student | -$17,7500 | $1,900 | |
106.7% | $7,540 | July 2024 |
| SP1 | 1.7 | Percent of Bachelor’s graduates enrolled or employed full-time (earning salary of $40,000+) | 66.9% | 67.1% | |
0.3% | 80% | July 2024 |
| SP1 | 1.8 | Median Wages of Bachelor’s Graduates Employed Full-Time | $43,700 | $43,700 | -- | -- | $39,400 | July 2024 |
| Strategic Priority Two - Academic Excellence | ||||||||
| Type | # | Description | 2021-22 | 2022-23 | 1-Year* Change | 1-Year* % Change | 2027 Goal | Next Update |
| SP2 | 2.1 | Research Doctorates Awarded | 28 | 35 | |
25.0% | 30 | July 2024 |
| SP2 | 2.2 | Bachelor Degrees Awarded within Programs of Strategic Emphasis | 53.9% | 57.4% | |
6.5% | 55% | July 2024 |
| SP2 | 2.3 | Bachelor Degrees Awarded to Transfers with AA Degrees from FCS | 340 | 293 | |
-13.8% | 400 | July 2024 |
| SP2 | 2.4 | Graduate Degrees Awarded within Programs of Strategic Emphasis | 47.3% | 51.7% | |
9.3% | 60% | July 2024 |
| Strategic Priority Three - Leverage The Brand | ||||||||
| Type | # | Description | 2021-22 | 2022-23 | 1-Year* Change | 1-Year* % Change | 2027 Goal | Next Update |
| SP3 | 3.1 | Peer Perception Ratings (U.S. News & World Report Annual Survey) | 2.6 | -- | -- | -- | 3.0 | Sep 2024 |
| SP3 | 3.2 | Stakeholder Customer Service Surveys | TBD | TBD | TBD | TBD | TBD | TBD |
| Strategic Priority Four - Long Term Fiscal Health And Sustainability | ||||||||
| Type | # | Description | 2021-22 | 2022-23 | 1-Year* Change | 1-Year* % Change | 2027 Goal | Next Update |
| SP4 | 4.1 | Composite Financial Index | TBD | TBD | TBD | TBD | TBD | TBD |
| SP4 | 4.2 | R&D Expenditures | $59.0M | $66.0M | |
11.9% | $49.0M | July 2024 |
| SP4 | 4.3 | Annual Research Awards | 1 | -- | -- | -- | 3 | July 2024 |
| SP4 | 4.4 | Alumni Giving Rate | 6.1% | 5.1% | |
-1.0% | 10% | July 2024 |
| SP4 | 4.5 | Fundraising Total | $24.6M | $25.7M | |
4.5% | $20.0M | July 2024 |
| SP4 | 4.6 | Endowment Value | $111.8M | $113.3M | |
1.3% | $150.0M | July 2024 |
| SP4 | 4.7 | Investment Value | $150.9M | $156.8M | |
3.9% | $175.0M | July 2024 |
| Strategic Priority Five - Organizational Effectiveness And Transformation | ||||||||
| Type | # | Description | 2021-22 | 2022-23 | 1-Year* Change | 1-Year* % Change | 2027 Goal | Next Update |
| SP5 | 5.1 | Employee Retention Rate | TBD | TBD | TBD | TBD | TBD | TBD |
| SP5 | 5.2 | Employee Satisfaction | TBD | TBD | TBD | TBD | TBD | TBD |
| SP5 | 5.3 | Employee Awareness of Belonging and Engagement Initiatives | TBD | TBD | TBD | TBD | TBD | TBD |
| SP5 | 5.4 | Major/Substantive Audit Findings | 4 | -- | -- | -- | 0 | July 2024 |
| Source: 2024 Accountability Plan approved by FAMU BOT April 17, 2024 | ||||||||
| Note: Bold metrics have been updated. The other metrics will be updated in accordance to the last column "Next Update" | ||||||||
| *1-Year refers to the two most current years regarding calculations. | ||||||||
| Updated: July 10, 2024 | ||||||||
Key Performance Indicators
| Cohort | Outcome |
| 2022 - 2023 | 82.8% |
| 2023 - 2024 | - |
| Projected Outcome | 90% |
| Cohort | Outcome |
| 2022 - 2023 | 28.4% |
| 2023 - 2024 | - |
| Projected Outcome | 55% |
