{"id":22858,"date":"2025-02-24T16:59:42","date_gmt":"2025-02-24T22:59:42","guid":{"rendered":"https:\/\/uwm.edu\/engineering\/?p=22858"},"modified":"2025-02-24T16:59:44","modified_gmt":"2025-02-24T22:59:44","slug":"student-success-and-retention-initiative-summary","status":"publish","type":"post","link":"https:\/\/uwm.edu\/engineering\/student-success-and-retention-initiative-summary\/","title":{"rendered":"Student Success and Retention Initiative Summary"},"content":{"rendered":"\n<p>The Student Success and Retention Initiative was launched in \ufb01scal year 2024 and \ufb01scal year 2025 to help further align \ufb01nancial incentives in retention efforts. One of the key priorities of 51ÁÔÆæ\u2019s 2030 Action Plan is student success, and 51ÁÔÆæ seeks to raise graduation rates from 47.6% to 55.1% by fall 2027, as well as close equity gaps in these graduation rates. <\/p>\n\n\n\n<p>If we were to achieve this improvement in graduation rates and hold new student enrollment steady, undergraduate enrollment would increase by ~1,800 students or 10% above current levels. This would not only positively impact our students in many ways, but it would generate approximately $18-20 million annually. <a href=\"https:\/\/uwm.edu\/academicaffairs\/wp-content\/uploads\/sites\/32\/2025\/02\/SSRI-Program-and-Supplement.pdf\">See the<\/a> <a href=\"https:\/\/uwm.edu\/academicaffairs\/wp-content\/uploads\/sites\/32\/2025\/02\/SSRI-Program-and-Supplement.pdf\">program overview document<\/a>.<\/p>\n\n\n\n<p>OAIR and BFS calculated the impacts of this initiative in its \ufb01rst year, and seven of nin colleges received distributions due to improvements in retention from fall 2023 to fall 2024.<\/p>\n\n\n\n<p>While there was improvement in retention rates, every college still has signi\ufb01cant opportunities to further improve retention rates. <a href=\"https:\/\/uwm.edu\/academicaffairs\/fall-2024-ssri-calculations\/\">See the full spreadsheet of retention<\/a> <a href=\"https:\/\/uwm.edu\/academicaffairs\/fall-2024-ssri-calculations\/\">and awards.<\/a><\/p>\n\n\n\n<p>As many of you may recall, last year, approximately 2,067 students didn\u2019t re-enroll from fall 2023 to spring 2024 despite being eligible to do so, which even conservatively using resident tuition rates amounted to $8 million in foregone revenue to the institution across associate, bachelor, and graduate degree programs. Under the Activity Based Budget Model, in \ufb01scal year 2026, colleges will receive in-year distributions, and so improvements over prior year retention will automatically be rewarded starting in FY26.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Student Success and Retention Initiative was launched in \ufb01scal year 2024 and \ufb01scal year 2025 to help further align \ufb01nancial incentives in retention efforts. One of the key priorities of 51ÁÔÆæ\u2019s 2030 Action Plan is student success, and 51ÁÔÆæ &hellip;<\/p>\n","protected":false},"author":836,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","uwm_wg_additional_authors":[]},"categories":[1],"tags":[],"class_list":["post-22858","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>College of Engineering &amp; Applied Science<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uwm.edu\/engineering\/student-success-and-retention-initiative-summary\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Student Success and Retention Initiative Summary\" \/>\n<meta property=\"og:description\" content=\"The Student Success and Retention Initiative was launched in \ufb01scal year 2024 and \ufb01scal year 2025 to help further align \ufb01nancial incentives in retention efforts. 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