News Release
Contacts: Robert T. Tad Perry, Executive Director
tadp@ris.sdbor.edu
Tracy Mercer, Information Research Analyst
tracym@ris.sdbor.edu

T: 605.773.3455
F: 605.773.5320
www.ris.sdbor.edu

BROOKINGS—Today at its regular business meeting on the South Dakota State University campus, the Board of Regents heard a report on university incentive fund performance. The Board also set performance targets in three areas for the 2001-2002 academic year.

"Overall the Regents are pleased with the efforts made by the universities to meet the targets set by the Board last year," said Regent President Harvey C. Jewett.

There are five incentive funds.

• Incentive fund one supports increased access to education for South Dakota residents. Universities are rewarded for increasing the number of South Dakota full time equivelant (FTE) resident students. Dakota State University, South Dakota School of Mines and Technology, and South Dakota State University exceeded their resident FTE growth targets for the 2000-2001 year.

• Incentive fund two encourages the increasing enrollment in specific academic programs identified as important for the economic growth of South Dakota. Dakota State University, Northern State University, South Dakota School of Mines and Technology, South Dakota State University and the University of South Dakota exceeded their enrollment targets for the 2000-2001 year.

• Incentive fund three supports demonstrated improvement in academic performance of undergraduate students enrolled in the universities. All of the universities will receive over 96% of their contributions to this fund for the 2000-2001 year.

• Incentive fund four encourages the universities to share faculty and facilities and to enroll South Dakota high school students. All of the universities exceeded their target for 2000-2001.

• Incentive fund five encourages the universities to raise external funds. Performance is measured separately for gifts, grants and contracts, scholarships, and capital funds. The Board received a performance report on this fund in October 2000.

Performance targets for the 2002 fiscal year were approved by the Board for funds one, two, and four.

"The Regents consider several factors in determining the performance targets. When setting the target for incentive fund one, Access for South Dakotans, among other considerations we took in to account the number of South Dakota high school graduates in 2001, efforts to increase retention and programs in high demand at the universities," said Regents Executive Director Robert T. Tad Perry. "For incentive fund two the Board considered recent enrollment growth which affects the number of students available for the designated programs. The Board also considered changes to the program lists and the popularity of each university's programs. The considerations in setting targets for incentive fund four were past performance and collaborative enrollment as a percentage of total enrollment."

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