In 2016, the RI General Assembly passed the “Performance Incentive Funding Act” (RIGL §16-106), which was designed to promote alignment between the state’s priorities for higher education and institutional policy and practice. As approved in June 2018, the Performance Funding Policies and Procedures established the processes for the Commissioner of Postsecondary Education to evaluate institutional performance in consultation with the institution’s president and the Council on Postsecondary Education.
The Performance Funding Policies and Procedures include the following principles to guide implementation:
During the FY 2018 budget cycle, the Council on Postsecondary Education approved the initial performance funding metrics for CCRI, RIC and URI in the categories of graduation/completion, workforce development, and mission-specific initiatives. The responsibility for URI’s performance funding was later amended by the RI General Assembly. Annually, the Commissioner of Postsecondary Education conducted an evaluation of institutional performance funding reports and made a determination of whether performance has been achieved for each category and metric. The policies and procedures for this activity are under review, and this page will be updated once the process is finalized.