State Council Of Higher Education For Virginia Resources And Planning Committee Minutes
The committee discussed recommendations from the Institutional Performance and Full Cost Workgroup, including proposed legislative budget language changes. A presentation was provided on the newly developed Key Performance Indicators (KPIs), which focus on actual metrics like enrollment, retention, and workforce alignment rather than projected ones. Furthermore, the committee reviewed the 2026 biennial assessment of institutional performance standards, noting improvement across institutions compared to previous assessments, despite challenges in areas like transfer success and degrees for underrepresented students. Finally, the committee reviewed the 2026-2028 biennial budget for higher education, which includes increased funding for financial aid and enrollment, and discussed over twenty new responsibilities assigned to the Council by the General Assembly.