Dashboards GOAL 1 - EDUCATE Drive Student Educational Success and LearningDeliver a high-quality university education. Freshman Retention Freshman Retention A strong freshman retention rate is necessary to attain the 6-year graduation rate. Students who return for their sophomore year have a higher probability of graduating. To improve retention, enhanced student services support students during key transition points throughout the freshman year and assist students who may be at financial or academic risk. Undergrad Enrollment Undergrad Enrollment Arizona currently lags the national average of the percentage of adults with bachelor's degrees. With a growing population, increasing undergraduate enrollment in the university system directly supports our goal of awarding more bachelor's degrees. Graduate Enrollment Graduate Enrollment Producing more degree holders at all levels means that we will have the educated workforce to meet in-demand jobs now and in the future, which will promote economic vitality in the state. According to the Bureau of Labor Statistics, nearly 2.4 million jobs requiring graduate degrees will be added between 2012 and 2022.(Source: Annual ABOR Fall Enrollment Report) Total Enrollment Total Enrollment Increasing total enrollment in the university system supports our desire to increase educational attainment at all levels – undergraduate (bachelor's), graduate (master's) and first professional (PhD, law and medical). 6-Year Graduation Rate 6-Year Graduation Rate Arizona's public universities are charged with allocating limited resources effectively while still maintaining and increasing productivity as measured through retention and graduation rates. The 6-year graduation rate is a federally required metric and is one of several measures to monitor improved productivity through degrees awarded. Ensuring undergraduate students graduate in a reasonable timeframe means critical resources are being used efficiently and educated individuals are entering the workforce to support the economy. GOAL 2 - ACHIEVE Advance Educational Achievement Within ArizonaLead the effort to increase the number of Arizonans with a college degree or certificate. Bachelor's Degrees Bachelor's Degrees Increasing the number of bachelor's degrees awarded by Arizona's public universities means that our state will have the educated workforce needed to fill shortages and stimulate demand for higher paying jobs. Twenty-two of the top 25 in-demand jobs in Arizona require a bachelor's degree or higher. In 2011, workers in Arizona with a bachelor's degree had median earnings of $46,485, 85 percent ($21,490) more than workers with only a high school diploma. Graduate Degrees Graduate Degrees Increasing the number of graduate degrees awarded in Arizona means that we will have the educated workforce to meet in-demand jobs now and in the future, such as in specialized areas as health services, management, technology and physical therapy. Individuals with master's degrees have the potential for greater earnings. In 2011, workers in Arizona with a master's degree had median earnings of $57,249. Increasing the number of doctoral degrees awarded promotes growth in the level of research and discovery at the universities and results in more highly specialized individuals in different fields. Ed & Related Expenses Ed & Related Expenses Maintaining reasonable expenses related to providing an education is part of the regents' plan to ensure the system is operating as efficiently as possible. It also directly corresponds to the affordability of a university degree. Ensuring Arizona residents have affordable access to the state's public universities promotes higher education attainment and therefore strengthens the economic vitality of the state. AZ CC Bachelor's Degrees AZ CC Bachelor's Degrees Total number of Arizona community college students who transfer to a university and are awarded a bachelor’s degree within 6 years. Academic year equals fiscal year. GOAL 3 - DISCOVER Discover New KnowledgeCreate new knowledge, collaborations, inventions and technology to solve critical problems and enhance lives. R & D Activity R & D Activity Increasing the amount of research and development expenditures—university and non-university funds—spent on research activity provides major returns to the state. Dollars spent on research and development activity are used to purchase local goods and services, helps create new companies and jobs, supports the learning of next-generation scientist and innovators and attracts top research talent to university faculties. Research and development expenditures also support the state's competitive advantage in science, technology and medicine. Licenses & Options Licenses & Options Universities license technology to a broad spectrum of organizations and individuals with the intent of eventual commercialization and subsequent payoff. Often the licensee companies are most effective at transferring the technology for the public good. Invention Disclosures Invention Disclosures Invention disclosures transacted refers to the number of inventions that are being researched for potential patent. Increasing the number of invention disclosures transacted in the university system promotes the number of patents issued which in many cases leads to new products brought to market, companies started and jobs created, all of which drive economic vitality and stability for the state and improve our quality of life. GOAL 4 - IMPACT Impact ArizonaEngage and serve our communities through initiatives and partnerships focused on supporting, improving and enhancing Arizona's economy and competitiveness. Public Service Activity Public Service Activity Our communities benefit not only through the infusion of well-trained graduates into our economy and technology transfer, but also through community service and outreach programs such as forest health, environmental sustainability efforts, mentoring and professional development of teachers, community planning or development efforts, cooperative extension programs, telemedicine, museums and a host of other offerings. Increasing these activities will continue to support quality of life and economic prosperity in Arizona. High-Demand Degrees High-Demand Degrees Increasing the number of high-demand degrees, such as science, technology, engineering and math (STEM), is critical to fulfilling Arizona’s workforce needs now and in the future.