Florida Board of Governors updates performance-based funding model and strategic plan

Raymond Rodrigues, Chancellor at State University System of Florida
Raymond Rodrigues, Chancellor at State University System of Florida
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The Florida Board of Governors has approved changes to the Performance-Based Funding (PBF) Model and introduced new metrics and goals for SUS 30, the State University System of Florida’s (SUS) strategic plan.

“As the leading State University System in the nation, now is the time to continue raising the bar,” said SUS Chancellor Ray Rodrigues. “In alignment with university presidents, we are setting the stage for strategic growth across our universities to achieve our 2030 objectives and elevate student outcomes. New benchmarks that encourage continuous improvement ensure that Florida remains the premier destination for students to reach their higher education goals.”

Board Chair Brian Lamb added, “To remain #1, we need to continue pushing ourselves to new heights. Many of our universities are already exceeding expectations in several of our existing PBF metrics, meaning we need to reexamine and update our standards to stay competitive on the national stage. I am grateful for the collaboration across our 12 institutions to implement new goals that hold us accountable and drive our momentum to ensure a strong return on investment for students, families, and Floridians.”

The SUS 30 plan sets out the mission, vision, values, and priority areas for Florida’s public universities. The newly approved changes will reset the PBF Model and align it with SUS 30’s objectives, aiming for improved results at state institutions. While these updates take effect in 2026, funding allocations based on the revised model will begin in 2027.

Key updates include a revised list of Programs of Strategic Emphasis that will be included in 2026 Accountability Plans. The new performance-based funding goals set targets of awarding 45% of bachelor’s degrees and 50% of graduate degrees in these emphasized programs.

Each state university will also identify Areas of Expertise where they will focus resources with the aim of leading both statewide and nationally in those fields.

Additionally, an Iconic Companies list was approved to foster relationships between prominent companies and SUS universities. This initiative is intended to address workforce needs by encouraging these companies from various sectors to prioritize hiring graduates from Florida’s public universities.

Further details about SUS 30 can be found at flbog.edu/strategic-plan.



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