Another day, another UCF achievement.
Once again, UCF has ranked among the top state universities, based on performance measures that include graduation rates, as well as employment and wages after graduation.
Earning 39 out of 50 points, UCF made it into the top three among all state universities during the three years that the performance-based funding has been granted, according to a news release.
"Our new faculty members will help UCF strengthen academic programs in STEM fields and other strategic areas, and they will help students across our university thrive in the classroom and in research labs," UCF President John C. Hitt said in a release.
Last year, UCF earned $21.8 million in performance funding and the Florida Board of Governors plans to discuss university funding achievements today at a scheduled meeting.
From student retention rates to the cost-per degree granted, the performance funding model rewards universities based on their performance on 10 metrics critical to students, families and taxpayers.
If the Legislature approves to fund the Board of Governors' request for performance funding this year, UCF plans to use that share to potentially hire more faculty members.
"We hope this year's allotment of performance funding will enable us to create a significant number of new faculty positions," Hitt said.
Marina Guerges is a Digital Producer for the Central Florida Future. Follow her on Twitter at @marinaguerges or email her at MarinaG@CentralFloridaFuture.com.