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Ivy Tech Community College

Accelerating Greatness

State Budget Committee

November 17, 2010

Adults 18 – 34 Enrolled in College

3

0%

10%

20%

30%

40%

50%

60%

Korea US

1st

7th

Lumina’s Big Goal

6,454+ Graduates / Per Year

If Ivy Tech produces:

- 75 percent = 4,840+

- 50 percent = 3,227+

- 25 percent = 1,613+

5

Complete to Compete (NGA)

- Reclaim the nation’s rank as first in the world

in college attainment

- Need to produce an additional 8.2 million

college graduates

- Cannot be met with recent high school

graduates alone

- Need to focus on improving educational

attainment among adults.

7

American Graduation Initiative

To lead the world with the

highest proportion of college

graduates by 2020

5 million more community

college graduates

8

60%

receive

financial aid

13

Avg. age –

27.3

10

Approximately

25% are

single moms

11

13,000

African-

American

students

12

Nearly

10,000

students

on food

stamps

16

IPEDS Grad (Indy) 5%

IPEDS Transfer (Indy) 18%

6 year Cohort 40%

Measuring Success

20

Measuring Success

20.1%

15.3%

14.9%

15.2%

19.0%

21.5%

17.6%

15.4%

17.1%

10.9%

15.4%

16.8%

13.2%

15.8%

14.4%

4.2%

3.0%

3.0%

3.4%

2.7%

2.5%

5.0%

3.2%

2.9%

2.3%

4.2%

3.2%

3.9%

4.3%

2.8%

15.1%

21.7%

16.7%

19.1%

16.3%

11.6%

12.6%

15.8%

13.6%

19.4%

14.1%

12.1%

14.8%

11.2%

13.0%

6.5%

3.7%

8.7%

5.3%

4.7%

5.7%

5.9%

6.0%

6.6%

6.4%

5.2%

6.1%

5.6%

6.0%

6.5%

0.0% 10.0% 20.0% 30.0% 40.0% 50.0%

R #7 Wabash Valley

R #13 South Central

R #14 Bloomington

R #1 Northwest

R #4 Lafayette

R #9 Richmond

R #11 Southeast

ITCCI

R# 6 East Central

R #8 Central Indiana

R #3 Northeast

R #10 Columbus

R #12 Southwest

R #5 Kokomo

R #2 North Central

ITCCI Grads Grad & Transfer Transfers Still Enrolled

2003 Cohort - First-Time, Degree-Seeking Students both Full and Part-time (Followed Six Years Through Academic Year 2008-09)

45.9%

43.7%

43.3%

43.0%

42.6%

41.4%

41.2%

40.5%

40.2%

39.1%

38.9%

38.2%

37.6%

37.3%

36.6%

19

Graduate: 15.4%

Grad/Transfer: 3.2%

Transfer: 15.8%

Still Enrolled: 6.0%

Total: 40.5%

Measuring Success

20

Left Ivy Tech because:

• Credential

• Job

• Money

• Time

• Family

• Aptitude

Success Unknown = 60%

20

Accelerating GreatnessEnsure that students achieve their

educational goals

Ensure that Indiana's citizens,

workforce, and businesses are globally

competitive

Ensure optimal quality and efficiencies

statewide

Ensure an adequate and sustainable

resource base

22

New Initiatives – Fall 2010

Mandatory Orientation

Mandatory Advising Prior to Remediation

Financial Aid Priority Processing Dates

Decreased Textbook Variance

24

More New Initiatives

Accelerated Associate Degree Program

Adult Degree Completion Program

Manufacturing Institute Partnership

Tennessee Completion Model

25

Support for our Students

$10,110

$9,068 $8,725

$6,928

$5,351

$4,592 $4,570 $4,446 $4,312 $4,305

$2,321

$-

$2,000

$4,000

$6,000

$8,000

$10,000

$12,000

PUWL ISU IUB BSU VU IU Reg. USI IUPUI IPFW PU Reg. Ivy Tech

Appropriation Per FTE Student

26

Support for our Students

Appropriation Per Ivy Tech FTE Student

$3,248 $3,169 $3,106 $2,971

$2,553 $2,321

$-

$500

$1,000

$1,500

$2,000

$2,500

$3,000

$3,500

2005-06 2006-07 2007-08 2008-09 2009-10 Est. 2010-11 Est.

27

Reinvesting Savings into our StudentsInitiative

One Time Impact FY2008 Impact FY2009 Impact FY2010 Impact FY2011 Impact

Bookstore Outsourcing & Privatization $ 7,650,000 $ 3,800,000 $ 3,682,000

Single Source Advertising Agency $ 300,000

Health Insurance- Self-Insurance-Claims Mgt-Plan Changes $ 3,400,000 $ 1,600,000

PC Buy Consolidation with Dell & Price Reductions $ 325,000 $ 1,035,610 $ 95,150

Bond Rating Increase from A+ to AA- (Present Value) $ 2,638,000

Build America Bond Savings – PV (Elk/War/Sel/Ind) (Present Value) $ 2,700,000

Property and Casualty Insurance Modification & Re-negotiated Contract $ 200,000 $ 500,452

Central Indiana Food Service $ 96,180

Waste Disposal Contract Negotiations $ 10,900 $ 10,900

Distance Ed Headsets and Cameras $ 9,700 $ 9,700

Energy (Gas) Audit $ 9,699 $ 4,148

HP PC Negotiation $ 14,763

Stateside Copier Consolidation - IKON $ 100,000 $ 100,000 $ 400,000

RCI Telecommunications Audit $ 17,769 $ 4,500 $ 48,090

Oracle License Negotiation - Sunguard $ 770,720

Print Marketing Consolidation $ 75,000 $ 75,000

Phase 1 Financial Aid Commonization $ 50,000

Autodesk CAD Software License Negotiation $ 1,357 $ 6,786

VOIP - Ft. Wayne BAFO Negotiation & 3-G Interactive Intelligence $ 270,085

Marketing Postage Savings through Jackson Group $ 29,071 $ 115,256 $ 120,000

One Time Salary Freeze $ 7,000,000

Architecture A & E Standards $ 240,096 $ 330,390

Network Equipment Consolidation – RCP- Brocade & Cisco $ 550,000

Furniture Standards and Buy Consolidation $ 1,000,000

Guaranteed Energy Savings Contract – Indianapolis $ 7,300,000

Total Savings from Executed Initiatives $ 21,510,651 $ 363,771 $ 9,083,047 $ 14,738,853 $ 1,000,000

28

Savings (Millions)

Annual = $25.2

One Time = $21.5

29

Unfunded Formula Based Submission2009-2011 biennium performance formula funding

should have resulted in $47,000,000 more for Ivy Tech

Community College.

Serving over 165,000 students yet we are operating with

a funding model of just 120,000 students.

Depending on funding for 2011-2013 Ivy Tech may be

short $150,000,000 in performance funding over the last

two biennia.

30

Submission Based on CHE FormulaFormula Basis 2011-12 2012-13

Successfully Completed Credit Hours $55,417,450 --

Dual Credit Completed Credit Hours $5,484,944 --

Change in Degrees $4,368,000 --

Low Income Degrees $832,000 --

Capital RequestMuncie New Construction $35,000,000

Lafayette New Construction $25,000,000

South Bend New Construction $25,000,000

Ft. Wayne New Construction $25,000,000

Columbus New Construction $30,000,000

31

Debt Service

$-

$200

$400

$600

$800

$1,000

$1,200

$1,400

USI ISU IU PU BSU VU ITCC

Costs Per Estimated FTE Student

32

$1,236 $1,234

$1,058

$854

$647$549

$377

73% of our

students are

working adults

14

Average Income

$25,073

Median Income

$19,103

15