SI Programs & Retention: - PowerPoint Presentation

SI Programs & Retention:
SI Programs & Retention:

SI Programs & Retention: - Description


A Return on Investment Kirk Skoglund Northwest Missouri State University Northwest Talent Development Center kskognwmissouriedu Outline Overview of Northwest and SI Program Goal Background Research ID: 526686 Download Presentation

Tags

northwest investment amp retention investment northwest retention amp return supplemental instruction 1997 costs journal state tuition research program impact student assumes education

Embed / Share - SI Programs & Retention:


Presentation on theme: "SI Programs & Retention:"— Presentation transcript


Slide1

SI Programs & Retention:

A Return on Investment

Kirk Skoglund

Northwest Missouri State

University (Northwest)

Talent Development Center

kskog@nwmissouri.eduSlide2

Outline

Overview of Northwest and SI Program

Goal

Background Research

Return on Investment

Process with an Example

Gain from Investment

Cost of Investment

QuestionsSlide3

About Northwest

Four year public university

6,800 students

SI Program

Approximately 30 years old

23 SI leaders

3 SI Mentors

1 Graduate Assistant

Need for ExpansionSlide4

Goal

Walk through a method of calculating a return on investment for an SI program, particularly expanding an SI program

Why is this important?

Increasing Accountability in Higher Education

Performance Funding from the State

Competition for Funding within the university Slide5

Research

SI positively influences retention (Ramirez, 1997; Blanc, DeBuhr,

& Martin,1983

; Kochenour et al., 1997; Etter, Burmeister, & Elder, 2001; Bowles, McCoy, & Bates, 2008)

Congos (2001) shows a model of generating revenue with SI by looking at the recruitment

costs

v. retaining students.

Academic Success Coaching Program at Northwest

Northwest Research

Fall to Fall

retention

of Freshmen

that used SI

Freshmen with less than a 3.5 High School Grade Point Average retained at approximately 20% higher if they attended SI sessions versus their non-attending peersSlide6

Return on Investment

“Return on investment is a management tool that systematically measures both past performance and future investment decisions” (Rachlin, 1997

).

I

nvestopediaSlide7

Gain from Investment

Tuition (or Fees)

Items to Consider

Retention

impact

Average enrolled hours

Duplication of students

In-state v. out-of-state tuition

Scholarships and discountingSlide8

Retention Impact

Example at NorthwestSlide9

Assumptions for Tuition

Example at Northwest

75% in-state, 25% out-of-state figures are rounded down

90% Sophomore-Junior retention and 97% Junior-Senior retention. All figures are rounded down.

Assumes discount rate of 17% in tuition

costs through scholarships, etc.

Assumes SI

impact for only fall term, but costs are associated with both terms

Retention research found approximately 50% of FR in an SI course had less than 3.5 HS GPA

Assumes no impact on

Freshmen

with HS GPA of 3.5 or greater

Assumes

a normal load is 27

credit hours per year

Assumes

no increase in tuition

and

fees;

Slide10

Tuition Calculation

Example at NorthwestSlide11

Cost of the Investment

Items

to consider

Costs of SI leaders

Costs of staff or additional staff

Office expenses (copies, supplies, training costs, professional development, technology, etc.)Slide12

Cost of Investment

Example at NorthwestSlide13

Calculating the Return on InvestmentSlide14

Return on Investment

Example at NorthwestSlide15

Questions?Slide16

For access to templates and other documents please email requests to:

kskog@nwmissouri.edu

Slide17

References

Blanc, R.A, DeBuhr, L.E., & Martin, D. C. (1983). Breaking the attrition cycle: The effects of Supplemental Instruction on undergraduate performance and attrition. The Journal of Higher Education, 54(1), 80-90.

Bowles, T. J., McCoy, A. C., & Bates, S. (2008). The effect of Supplemental Instruction on timely graduation.

College Student Journal, 42

(3), 853-859.

Congos, D. (2001). How supplemental instruction (SI) generates revenue for colleges and universities. 

Journal of College Student Retention: Research, Theory & Practice

3

(3), 301-309.

Etter, E. R., Burmeister, S. L., & Elder, R. J. (2001). Improving student performance and retention via supplemental instruction. 

Journal of Accounting Education, 18

(4), 355-368.

Kochenour, E.O., Jolley, D.S., Kaup, J.G., Patrick, D.L., Roach, K. D., & Wenzler, L. A. (1997). Supplemental Instruction: An effective component of student affairs programming.

Journal of College Student Development, 38

(6), 577-586.

Rachlin, R. (1997). 

Return on investment manual: Tools and applications for managing financial results

. ME Sharpe.

Ramirez, G. M. (1997). Supplemental Instruction: The long-term impact.

Journal of Developmental Education, 21

(1), 2-10.

Shom More....
By: alida-meadow
Views: 41
Type: Public

Download Section

Please download the presentation from below link :


Download Presentation - The PPT/PDF document "SI Programs & Retention:" is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.

Try DocSlides online tool for compressing your PDF Files Try Now