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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
