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CIC has devoted substantial resources and energy
over the past five years to its Data Initiatives, a direct outcome
of the strategic planning process conducted in 2001. CIC is collecting
and disseminating information to achieve several objectives: 1)
provide data to enhance decision-making; 2) develop programs for
using data in decision-making; and 3) make the case for the effectiveness
of independent higher education.
Tools to Enhance Decision-Making
CIC directs resources and creates opportunities for its members
to enhance their use of national comparative data in institutional
decision-making.
Key
Indicators Tool (KIT)—The Key Indicators Tool, introduced
in June 2004, was updated in summer 2005 with the latest data available
from the U.S. Department of Education’s Integrated Postsecondary
Education Data System (IPEDS). This important benchmarking tool,
free to CIC members, provides a customized, confidential report
to the president on 16 indicators of institutional performance.
The KIT tracks data on enrollment size and graduation rates, faculty,
tuition and financial aid, financial resources, and expenditures
over a five-year period. Each indicator provides comparisons nationally
and by region, enrollment, and financial resources. The national
comparison group includes 750 non-doctoral independent colleges
and universities in the U.S., representing 94 percent of CIC’s
membership. A new update will be sent in late summer 2006 following
the next release of IPEDS data.
View full-size version
of sample KIT chart.
Comparison Group KIT—CIC has recently experimented
with customized comparison group reports for the KIT. The first
pilot was a comparative report for the 28 historically black colleges
and universities (HBCUs) that are CIC members. The HBCU KIT provides
separate comparisons on each of the 16 key indicators, using data
from 41 small and mid-sized private HBCUs.
Online KIT Consultations—CIC has asked The Austen
Group (the KIT project contractor) to test live, online consultation
at a modest price to CIC member institutions that have questions
about their KIT reports or want help in making effective use of
KIT data. A pilot consultation was recently conducted with one institution.
Financial Indicators Tool (FIT)—In 2005, CIC and
The Austen Group piloted a Financial Indicators Tool (FIT) for a
sample of 65 representative CIC institutions. Based on KPMG’s
Composite Financial Index, the FIT provides an easily comprehensible
assessment of an institution’s financial performance that
can be tracked over time and benchmarked against similar institutions.
Four financial ratios—measuring resource sufficiency, operating
results, financial assets, and debt management—are presented
individually and combined into a single index score indicating the
financial health of the institution, tracked over a six-year period.
CIC’s FIT is distinctive in two ways. First, it utilizes publicly
available data from IPEDS as well as IRS Form 990s obtained from
GuideStar instead of requiring each CIC member institution to send
in six years of annual financial statements. Second, the FIT provides
nationally normed comparisons similar to those in the KIT. CIC’s
FIT is the first financial benchmarking tool to provide such nationally
representative comparisons for any group of American colleges and
universities.
Distributed in December 2005, CIC’s FIT pilot report sought
to answer two important questions. First, is it feasible to collect
the necessary data from public sources, and would those sources
be comparable to institutional audited financial statements? The
answer to both aspects of this question was “yes.” Second,
would the FIT be a useful diagnostic and decision-making tool for
member presidents? The response from a survey of participating presidents
was also “yes.” On a scale of 1 to 5, with 5 being “most
useful,” the FIT received an average score of 4. Presidents
also provided helpful comments on the ways they used the FIT to
assess institutional financial condition and the extent of their
sharing this information with other campus decision-makers. Given
the success of the FIT pilot, CIC may produce a similar financial
benchmarking report for all members.
Both the KIT annual reports to CIC presidents and the FIT pilot
are funded by grants from the William Randolph Hearst Foundations
in support of CIC’s Data Initiatives.
Using Data in Decision-Making
CIC continues to partner with other organizations to strengthen
institutional capacity to use data for improved institutional effectiveness
and decision-making.
Collegiate
Learning Assessment Consortium—In cooperation with
the Council for Aid to Education (CAE), CIC is working over a three-year
period with a consortium of 33 institutions using the Collegiate
Learning Assessment (CLA), a new instrument to evaluate student
learning. The CLA provides one of the first “value added”
measures that can reliably measure institutional contributions to
student learning.
The first annual meeting of the CIC/CLA Consortium was held in July
2005. Participants discussed the design, administration, and use
of the CLA with CAE staff. The next consortium meeting will be held
on July 24–25, 2006. Campus teams attending the summer 2006
meeting will work together to interpret and understand their CLA
institutional score reports, and develop campus goals and strategies
in light of the reports.
The CIC/CLA Consortium is supported by grants from the Teagle Foundation
and the Carnegie Corporation of New York.
Data
and Decisions Workshops—CIC is a cosponsor with the
Association for Institutional Research (AIR), of workshops on the
use of comparative data in institutional decision-making. The fifth
workshop—and largest to date—was held April 20–22,
2006 (see story). A sixth workshop
in this series will be held October 5-7, 2006 in St. Louis. Since
fall 2001, more than 125 CIC member institutions have taken advantage
of this special training opportunity. The Data and Decisions Workshops
are funded by a grant from the U.S. Department of Education’s
National Center for Education Statistics.
Institutional Advancement Study—In cooperation with
the Council for Advancement and Support of Education (CASE), CIC
cosponsored a study of institutional advancement practices in small
and mid-sized private colleges and universities. More than 270 CIC
members completed a comprehensive survey earlier this year. Once
the project leaders have analyzed the data, they will prepare a
report providing valuable benchmarking data on the fundraising and
public relations activities of small and mid-sized independent institutions
of higher education. Since 1976, CIC and CASE have participated
in similar joint projects approximately every seven years.
Making the Case
The centerpiece of CIC’s effort to demonstrate the quality
and effectiveness of independent higher education is the Making
the Case website. This website gathers in one place much of
the most compelling and relevant data on the independent sector
of higher education, providing useful comparisons between small
and mid-sized private colleges and universities and other types
of institutions. The website’s charts, graphs, and narratives—all
from carefully documented sources—are organized around six
key messages. Independent colleges 1) are affordable for students
and families, 2) provide access and success for diverse students,
3) provide personal attention to students, 4) enable student success,
5) engender alumni satisfaction, and 6) involve students and alumni
contributing to the public good. The website is based on a variety
of sources including datasets available from the U.S. Department
of Education. In addition, CIC commissioned special studies using
data from the National Survey of Student Engagement (NSSE), as well
as an alumni study by the research firm Hardwick-Day.
The website is designed as a resource for campus leaders. Its key
messages and data can be easily used in speeches and publications,
buttressed by relevant local information and illustrations. Launched
in June 2005, the site has already received more than 8,000 visits,
currently at a rate of 750 per month. A periodic electronic letter
informs presidents, CAOs, and directors of public relations and
institutional research of selected information on the website. (See
Making the Case—Community Service and Graduation Rates.)
CIC is updating the Making the Case website regularly as more data
become available and are analyzed. For example, CIC has commissioned
a new analysis of the National Survey of Student Engagement (NSSE)
that will describe the performance of nondoctoral private colleges
in comparison with other types of four-year institutions, as well
as look at institutional performance by religious affiliation.
CIC’s Making the Case effort is funded by grants from the
William Randolph Hearst Foundations in support of CIC’s Data
Initiatives. For additional information about any of CIC’s
Data Initiatives, contact CIC Director of Research Hal Hartley at
(202) 466-7230 or hhartley@cic.nche.edu.
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