As such, MAESD requires certain student outcomes to be reported as Key Performance Indicators (KPIs). The three KPIs being reported are: Graduation Rate; Employment Rate; and Student Loan Default Rate. For Graduate Employment rate, graduates are contacted six (6) months after student graduation through telephone surveys conducted by Forum Research.
Below are the most recent KPIs. This represents data from 2013. As posted by the MAESD, “These reports are a summary of results from the ministry’s pilot year for calculating and publishing PCC KPIs. The ministry is using lessons learned from this first KPI collection cycle to strengthen the KPI reporting methodology. KPI data will help the Superintendent of Private Career Colleges establish measurable benchmarks for vocational programs provided in the PCC sector.”
Definition of the KPI’s reported (From MAESD)
Graduation Rate
The Graduation Rate is the percentage of an institution’s enrolled students who successfully graduated from their programs of study, or as otherwise defined in the Superintendent’s Policy Directive Number 11 (Private Career Colleges Key Performance Indicators and Performance Objectives)
Students have 200% of a program’s duration to graduate in order to be considered a graduate in the “Graduation rate” For example, for a 26 week program, students would need to graduate within 52 weeks of enrollment to be considered a graduate for this rate.