Why is information about funding included in the Faculty Assessment Handbook? Like regional accreditation, performance funding provides part of the context in which higher education functions in this state. Although faculty don't necessarily need to worry about the finer details of performance funding, they should at least be aware that it exists.
The Student Achievement Initiative is a point system by which colleges are allocated a portion of their funding. Prior to 2016, the proportion was less than a percent. In July 2016 it rose to five percent, and many think it will continue to increase.
Points are awarded for a variety of student behaviors, including retention and completion, earning a "C" or better in specific courses, successfully completing college level math, etc.