Annual Institutional Update (AIU) Indicators and Metrics

The Middle States Commission on Higher Education is required to monitor data annually based on the Accreditation Review Cycle and Monitoring Policy and Procedures. The Commission monitors data using indicators and metrics in four categories, student achievement, annual enrollment, financial health, and federal financial responsibility, through the required Annual Institutional Update (AIU) based on policy and procedures.

Effective beginning in 2023, Commission representatives will use the AIU indicators and metrics as one source of information that informs decision-making. Institutions should also assess their student achievement, annual enrollment, financial health, and federal financial responsibilities against the indicators and metrics.

Download a PDF version of the Annual Institutional Update (AIU) Indicators and Metrics

Indicator 1: Student Achievement Indicator 2: Annual Enrollment - FTE Indicator 3: Financial Health Indicator 4: Federal Financial Responsibility

Student Achievement

Two-Year Institution Metric

The Graduation Rate at 150% of the normal time available through the most recent AIU report is below 23%.

Four-Year Institution Metric

The Graduation Rate at 150% of the normal time available through the most recent AIU report is below 40%.

Student Achievement Notes

The AIU utilizes updated metrics for student achievement, which were first shared during the Presidents, Provosts, and Accreditation Liaison Officers (ALO) meeting in spring 2023.

Institutions that are graduate-only or do not serve first-time, full-time students will be evaluated based on the materials required within the AIU.

Graduation rates are calculated at the institutional level by credential level. For institutions with multiple IPEDS IDs, the adjusted cohort and completer values are summed up by credential level to the institutional level. Then a graduation rate by credential level is calculated. There will be no exclusions due to cohort size.

Annual Enrollment - FTE

Metric

The Annual Enrollment – Full Time Equivalent (FTE) has fluctuated by more than 15% during the past two years; in that when comparing the current with prior year AIU Annual Enrollment – FTE values the change (increase/decrease) is higher than 15%.

Annual Enrollment – FTE Notes

The current AIU reflects the renaming of the indicator Viability and Capacity to Annual Enrollment – FTE.

Financial Health

Metrics

  • Ending Net Assets
  • Composite Financial Index (CFI)
  • Change in Net Assets

Financial Health Notes

When CFI cannot be calculated, the Commission will evaluate appropriate ratios that can be calculated with the data submitted by institutions.

Additional information on the variables used for the 2023 AIU is available in the Annual Institutional Update (AIU) Composite Financial Index (CFI) Formulas | 2023 document.

Federal Financial Responsibility

Federal Metrics

Under 34 CFR 602.16(a)(1)(x), the Commission is required to monitor the institution’s record of compliance with the institution’s program responsibilities under Title IV and the following:

  • Financial Responsibility Composite Score
  • Cohort Default Rate
  • 90/10 Revenue Percentage (for-profits only)
  • Program reviews

Under 34 CFR 602.19(d) and (e), the Commission is required to monitor enrollment and significant enrollment growth defined in Commission policy and procedures:

  • Significant Enrollment Growth

Under 34 CFR 602.24(c)(1)(i-iii), the Commission is required to monitor the following and request a teach-out plan and agreements:

  • Audit opinions expressing doubt about the continued existence of the school as a going concern or the institution has an adverse, qualified, or disclaimed opinion
  • Heightened Cash Monitoring Status
  • Provisional Program Participation Agreement

Under 34 CFR 668.23, the Commission is required to monitor financial and compliance audits:

  • Financial and Compliance Audits