University of Maine System Peer Identification November 2017
Overview Why are we selecting peers? How could institutions envision using peers? Custom Hanover Research Model 2017 Campus Peers 2
Why are we selecting peers? Benchmark Performance Enable data-driven policy and decision making *Specifically, UMS will use peer groups to inform resource allocations in a new Mission Resource Requirement (MRR) funding process. For more about this new UMS funding model, view a fifteen minute presentation at https://thinkmissionexcellence.maine.edu/unified-finance/ 3
UMS Allocation Model - Timeline 2017 Meet with campus Presidents and leadership teams to develop a draft set of peers. 10/13: Draft peers by campus due to UMS 10/16: Draft peers posted for each campus. Survey tool available July Aug Sept Oct Nov Dec 9/11 Campus access to Hanover model 11/10 Comment period closes 11/13-17 Respond to campus feedback 11/19-20 Peers for each campus finalized 4
UMS Allocation Model - Timeline 2018 Dec-Feb Populate model with peer data BOT final approval Jan Feb Mar Apr May Jun Campus review of model and provide feedback Make any adjustments necessary to allocation model based on campus feedback 5
Why are we selecting peers? How could institutions envision using peers? Custom Hanover Research Model 2017 Campus Peers 6
Institutional-research officers acknowledge that their institutions' comparison groups often include desired peers that are not true peers. Colleges want to receive data reports on enrollments, graduation rates, student costs, faculty, and budgets for institutions they aspire to be more like. The 107 most intensive research universities, as classified by the Carnegie Foundation for the Advancement of Teaching, also tended to choose one another as peers. Among them they selected only 65 institutions outside their number as peers, while 234 other colleges chose one of those intensive-research institutions. 7
Using a custom research model, UMS institutions will be able to benchmark their performance and establish priorities and goals based on statistically similar and/or aspirational peers. 8
Why are we selecting peers? How could institutions envision using peers? Custom Hanover Research Model 2017 Campus Peers 9
Hanover research created a custom research tool for selecting institutional peers. 10
All Higher Ed Institutions IPEDS Nat l Student Loan Data System American Community Survey (Household Income) COPLAC Full list of continuous variables on slide 22 Full list of continuous variables on slide 22 Median household income % of total enrollment First-time degree seeking enrollment Student faculty ratios Student staff ratios % of non-tenure track faculty # of degrees conferred Carnegie Classification: Basic Carnegie Sort CUMU % of distance edu programs offered Breakdown of types of degrees received Endowment assets Discounts applied Revenue & Expenditure Student background data Tuition pricing 11
For illustration purposes, USM will be used for a high level look at the custom research tool. 12
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Filters set to Hanover defaults 14
Filters and weights can be adjusted to reflect the selection criteria most relevant to each institution. 15
Campus leadership teams used the modeling tool to review and recommend adjustments to initially proposed peer groups. 16
Why are we selecting peers? How could institutions envision using peers? Custom Hanover Research Model 2017 Campus Peers 17
Draft Peers: Similarity Scores A peer list is generated by computing a singular measure of similarity between the UMS Institution and each prospective peer institution, which then creates a Similarity Score Similarity Score The Similarity Score is based on the distance between the UMS institution and each peer institution along each of the input variables. 18
Draft Peers 1. University of Idaho.06091 2. University of Wyoming.08048 3. University of Rhode Island.08083 4. South Dakota State University.08166 5. University of New Hampshire.09643 6. North Dakota State University.10651 7. University of Vermont.12484 Similarity Score 1 23 4 5 6 7.0.1.2 19
Draft Peers 1. Rogers State University 0.11246 2. Bluefield State College 0.11716 3. Lewis-Clark State College 0.12292 4. Montana State University-Northern 0.12947 5. Indiana University Kokomo 0.14850 6. Dickinson State University 0.17640 7. University of Hawaii-West Oahu 0.18418 Similarity Score 1 2 3 4 5 6 7.0.1.2 20
Draft Peers 1. SUNY College at Potsdam 0.0666 2. Western State Colorado University 0.0720 3. SUNY College at Fredonia 0.0749 4. Western Oregon University 0.0770 5. Massachusetts College of Liberal Arts 0.0805 6. Eastern Connecticut State University 0.0938 7. Keene State University (COPLAC School) 0.0960 Similarity Score 1 2 3 4 5 6 7 8 9.0.1.2 21
Draft Peers 1. Black Hills State University 0.0873 2. Eastern Oregon State University 0.0939 3. Dickinson State University 0.0989 4. Oklahoma Panhandle State University 0.1029 5. Lewis-Clark State College 0.1114 6. Montana State University-Northern 0.1214 7. Northwestern Oklahoma State University 0.1239 8. The University of Virginia s College at Wise 0.1278 9. Rogers State University 0.1285 10. Massachusetts College of Liberal Arts 0.1299 Similarity Score 2 5 1 3 4 6 7 89 10.0.1.2 22
Draft Peers 1. The University of Virginia at Wise 0.0667 2. Oklahoma Panhandle State University 0.1156 3. Kentucky State University 0.1259 4. Dickinson State University 0.1277 5. Montana State University-Northern 0.1414 6. The University of Montana-Western 0.1457 Similarity Score 1 2 3 4 6 5.0.1.2 23
Draft Peers 1. Oklahoma Panhandle State University 0.0645 2. The University of Virginia at Wise 0.0647 3. Glenville State College 0.0719 4. University of Maine at Fort Kent 0.0721 5. Dickinson State University 0.0915 6. Massachusetts College of Liberal Arts 0.1063 7. Montana State University-Northern 0.1065 8. Rogers State University 0.1103 9. West Liberty University 0.1109 2 1 3 4 Similarity Score 5 9 7 6 8.0.1.2 24
Draft Peers 1. University of Arkansas at Little Rock 0.0745 2. Salem State University 0.0838 3. Murray State 0.0864 4. University of Michigan-Flint 0.1001 5. Texas Women s University 0.1252 6. North Carolina Central University 0.1415 7. California State University-Dominguez Hills 0.1487 8. Fayetteville State University 0.1529 Similarity Score 1 3 2 4 5 7 6 8.0.1.2 25
Thank you! 26