Florida Board of Governors approves updates to funding model and strategic plan

Raymond Rodrigues, Chancellor at State University System of Florida
Raymond Rodrigues, Chancellor at State University System of Florida - 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 strategic plan.

SUS Chancellor Ray Rodrigues stated, “As the leading State University System in the nation, now is the time to continue raising the bar. 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.”

SUS 30 defines the mission, vision, values, and priorities for Florida’s public universities. The approved updates realign the PBF Model with SUS 30 objectives in order to further improve outcomes at these institutions. The changes will take effect in 2026; however, performance-based funding allocations will not be influenced by this updated model until 2027.

Key aspects of these changes include a revised list of Programs of Strategic Emphasis set to appear in 2026 Accountability Plans. The new targets require that at least 45% of bachelor’s degrees and 50% of graduate degrees awarded align with these programs. Additionally, each state university will identify Areas of Expertise where they will focus resources to lead both statewide and nationally.

The Board also approved an Iconic Companies list designed to foster relationships between major employers and SUS universities. This initiative aims to address workforce needs by encouraging companies from different sectors to prioritize hiring graduates from Florida’s public universities.

Further information about SUS 30 is available at flbog.edu/strategic-plan.



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