{"id":1799,"date":"2017-07-09T21:00:06","date_gmt":"2017-07-09T21:00:06","guid":{"rendered":"http:\/\/news.tstc.edu\/?p=1799"},"modified":"2017-07-10T01:25:28","modified_gmt":"2017-07-10T01:25:28","slug":"tstc-honored-for-transformational-funding-formula","status":"publish","type":"post","link":"https:\/\/news.tstc.edu\/?p=1799","title":{"rendered":"TSTC Honored for Transformational Funding Formula"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">(WACO) \u2013 Texas State Technical College was recently nationally recognized for shifting to an outcomes-based funding formula tied to graduates\u2019 employment in their associate degree fields.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">TSTC received an Innovation Award from Eduventures, a research and advisory firm analyzing trends in higher education that is part of the National Research Center for College and University Admissions. Michigan State University, Purdue University and Wellesley College also received the award.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The award recognizes achievements in higher education student enrollment management, outcomes and success. The award was given in June at the Eduventures Summit 2017 in Boston.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThe recognition by Eduventures is greatly appreciated, but it\u2019s really only part of the story,\u201d TSTC Provost Adam Hutchison said.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">TSTC undertook the challenge issued in 2007 by the Texas legislature to adopt outcomes-based performance measures. Various state agencies worked to develop the technical college\u2019s initiative, including the Texas Workforce Commission and the Legislative Budget Board.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe have been freed from just focusing on the amount of time students spend in the classroom or lab,\u201d Hutchison said. \u201cInstead, we are able to focus our instruction and our support structures on the skills and competencies that graduates need in the industry.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">TSTC\u2019s 10 campuses have access to Career Services and Talent Management staff who work with students on the full range of job hunting, from writing eye-catching resumes to improving interview skills. Students put their skills to good use at campus employer spotlight events and Industry Career Day activities by networking with prospective companies. Many students have job offers by the time they graduate.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Students also have access to hireTSTC, a resource for linking to job openings in degree-serving industries statewide.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe go out and make on-site visits all the time and build partnerships and relationships with employers,\u201d said Julia Humphrey, director of Career Services and Talent Management for TSTC\u2019s West Texas campuses. \u201cThey can call us and say they want the employees.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">TSTC\u2019s combined graduate earnings of annual cohorts increased 70 percent from 2009 to 2015, according to the award application. In the same period, the average graduate adjusted starting wages increased 13 percent and the number of graduates working after college rose 48 percent.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For more information on Texas State Technical College, go to tstc.edu. <\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(WACO) \u2013 Texas State Technical College was recently nationally recognized for shifting to an outcomes-based funding formula tied to graduates\u2019 employment in their associate degree fields. TSTC received an Innovation Award from Eduventures, a research and advisory firm analyzing trends in higher education that is part of the National Research Center for College and University [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1799","post","type-post","status-publish","format-standard","hentry","category-alltstc"],"_links":{"self":[{"href":"https:\/\/news.tstc.edu\/index.php?rest_route=\/wp\/v2\/posts\/1799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.tstc.edu\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.tstc.edu\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.tstc.edu\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/news.tstc.edu\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1799"}],"version-history":[{"count":1,"href":"https:\/\/news.tstc.edu\/index.php?rest_route=\/wp\/v2\/posts\/1799\/revisions"}],"predecessor-version":[{"id":1800,"href":"https:\/\/news.tstc.edu\/index.php?rest_route=\/wp\/v2\/posts\/1799\/revisions\/1800"}],"wp:attachment":[{"href":"https:\/\/news.tstc.edu\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.tstc.edu\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.tstc.edu\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}