FAMU shows slight improvement on the state's PBF metric

The Florida Board of Governors , this week, will release its annual results on how each of Florida’s 12 public universities did on its performance-based funding metrics.  According to FBOG meeting documents, FAMU ‘s final score for 2023 is 78 points, an improvement of 6 points over last year.  This year’s score is yet 4  points below its high of 82 points in 2021 and 5 points below the system average of 83 points.

FBOG implemented its performance-based funding model in 2014, universities are given scores between one and ten on ten different metrics, including job placement, graduation rates, and academic progress. 

FAMU can expect to receive a total of $29,381,478 in performance funding for the 2023-24 school year --- $13.4 million of the university's base budget (which was held in reserve) plus $15,943,438 its share of the state’s $350m "investment".

You can read the full report here.

click to enlarge - 2023 final scores