53H-8-305. Five-year performance goals.
(1) As used in this section: "High-yield award" means the same as that term is defined in board policy under Subsection. 53H-8-304(3) "System" means the Utah System of Higher Education.
(2) The goals the board establishes in accordance with Subsectionfor the Utah System of Higher Education for the five-year performance period beginning on July 1, 2022, and ending on June 30, 2027, are: 53H-8-304(1)(a)(ii) for the access metric described in Subsection, to increase the percent of Utah high school graduates participating in the system by 3.0%; 53H-8-304(2)(a)(i) for the timely completion metric described in Subsection, to increase the system percentage of a cohort that completes an award in up to and including 1.5 times the time in which a student typically completes an award program by 3.0%; and 53H-8-304(2)(a)(ii) for the high-yield awards metric described in Subsection, to increase the system percentage of high-yield awards by 3.0%. 53H-8-304(2)(a)(iii) The board shall ensure that the goals the board establishes in accordance with Subsectionfor the five-year performance period beginning on July 1, 2027, and ending on June 30, 2032, are: 53H-8-304(1)(a)(ii)(D) for the workforce responsiveness metric described in Subsection, to: 53H-8-304(2)(b)(i)(A) increase the number of degrees and certificates an institution awards that map to high-demand jobs in the state by at least 1.0% each year; or maintain the number described in Subsectionat or above 80%; (2)(b)(i)(A) for the institutional efficiency metric described in Subsection, to increase the five-year rolling average number of degrees and certificates an institution awards per full-time equivalent student by at least 1.0% each year; 53H-8-304(2)(b)(i)(B) for the timely completion metric for degree-granting institutions described in Subsection, to: 53H-8-304(2)(b)(ii)(B) increase the percentage of timely completion at the institution by at least 1.0% each year; or maintain the percentage described in Subsectionat or above 75%; (2)(b)(iii)(A) for the regional university and community college first-year student metric described in Subsection, to increase the number of students achieving the student's first 30 credit hours by at least 1.0% each year; 53H-8-304(2)(b)(iii)(B) for the research university research expenditure metric described in Subsection, to increase the total number of research dollars the university expended by at least 1.0% more than the year-over change in the Consumer Price Index that the United States Bureau of Labor Statistics reports; and 53H-8-304(2)(b)(iv)(B) for the technical college placement metric described in Subsection, to increase the placement rate of graduates in jobs or degree-granting programs by at least 1.0% each year. 53H-8-304(2)(b)(v)(B)
(3) In order to meet the system goals described in Subsection (2)(a), the goals for each institution for the five-year performance period are: for the access metric, to increase the institution's share of Utah high school graduates participating in the system by a percentage that the board determines; for the timely completion metric, to increase the percent of a cohort enrolled at the institution that completes an award in up to and including 1.5 times the standard completion time or sooner by a percentage that the board determines; and for the high-yield awards metric, to increase the percent of high-yield awards the institution grants by a percentage that the board determines.