SUNY Cobleskill Receives SUNY Investment and Performance Fund Awards

State University of New York Chancellor Nancy L. Zimpher today announced $18 million awarded to SUNY campuses throughout New York as a result of the university system’s Investment and Performance Fund, established with a first-of-its-kind investment by New York in the 2015-16 State Budget. Campus awards will support SUNY’s Completion Agenda, which aims to boost the number of degrees awarded annually to 150,000 by bringing evidence-based programs to scale.

SUNY Cobleskill will receive $110,000 to train faculty and purchase supplies in order to expand the College in High School/Home School program.

SUNY Cobleskill will receive $70,000 to support the development of a Farm and Food Entrepreneurship certificate program and Farm to Plate Camp, a summer program for k-12 students. The SUNY College of Agriculture and Life Sciences at Cornell University will partner.

SUNY Cobleskill will partner with SUNY Oneonta with a $350,000 award for “Making Cents”, a financial literacy program that help students develop a strong understanding of personal financial management concepts.

“SUNY Cobleskill is honored to be a recipient of these awards. The Investment and Performance Fund exemplifies SUNY’s commitment to a comprehensive state-wide plan that aligns campuses’ work in fulfilling the system’s strategic initiatives, demonstrating the true Power of SUNY” said SUNY Cobleskill President Dr. Marion A. Terenzio. “This funding will support an on-campus science-based supplemental instruction program for high school aged students who are studying in school or at home, and a retail center that will be managed by students, featuring campus-made products. We will also be partnering with SUNY Oneonta, combining efforts to create a financial literacy toolbox. All three programs will be evaluated for effectiveness in achieving the desired outcomes outlined in our strategic plan.”

“The enhanced performance fund, while directly targeting student achievement, has two other positive consequences. SUNY campuses are working more closely to find joint solutions to serve students better and thus, we are extending the model of shared-services to include ‘shared-work.’ The campuses have created long term performance improvement plans that will provide benchmark data on our progress to achieving our desires outcomes and how these outcomes fulfill SUNY’s promise to our students” said Dr. Terenzio.

“These awards are a remarkable sample of what SUNY campuses are prepared to do in order to help more students complete their degree,” said Chancellor Zimpher. “Whether it’s working with area high schools to get students ready for college, supporting students at risk of falling behind, or providing an applied learning opportunity to ensure career success, SUNY is committed to improving student outcomes at every stage.”

SUNY received 211 proposals from campuses totaling more than $460 million. Campus proposals were evaluated by a distinguished panel of external reviewers, including leaders in higher education, finance, policy, and research, to ensure that proposals were consistent with or exceeded national best practices, and that they would support SUNY’s completion agenda as well as the goals of its performance management system, SUNY Excels.

In all, 32 proposals directly involving 22 state-operated SUNY campuses and collaborations with nine community colleges will receive funding as a result of the state’s $18 million investment.