Uses and Best Practices
The Delaware Cost Study offers a unique discipline-level analysis that allows you to examine the variation in cost at your institution in more detail.
Cost Study participants have access to our benchmarking tool, which provides discipline-level National Benchmarks by Carnegie Classification, highest degree offered, and percent undergrad. Portal users can access these benchmarks under the “Norms” tab. Additional comparisons can also be made for SUG and AAU schools.
All Cost Participants can use the Portal to access a complete institutional report and ratio tables. Portal users can find these reports under the “Reports” tab on the Portal home page.
Custom Peer Analyses
Cost Study participants have access to unlimited Peer Analysis requests. Participants can customize their peer analyses with self-selected peers through our online portal. Click here for more information on how to use the Peer Analysis Tool. The Cost Study team can also provide data-informed peer groups by request. Data-informed peer groups are selected using Latent Class Analysis, a subset of Structural Equation Modeling.
Data Envelopment Analysis (DEA)
In addition to data-informed peer groups, we are now also offering personalize DEA analyses to all participants. DEA modelling allows you to evaluate your programs’ efficiency and make adjustments to your inputs (number of FTE instructional faculty and total direct expenditures for instruction) and outputs (total SCHs taught at different levels). Visit our Resources Page to view Webinar #4 about using DEA to facilitate operational excellence.
Academic Program Review
The Delaware Cost Study national norms and institutional reports can assist with academic program reviews by providing internal benchmarking at the department, college, and institution level. For example, you can benchmark department-level productivity and cost against college and institution averages.
Additionally, you can benchmark instructional activity per faculty (within a given academic unit/discipline) against the national norms. Here you can see that undergraduate SCHs are different than graduate SCHs and tenure/tenure-track faculty have different teaching loads that other faculty. These metrics can be computed at the department, college, and institution levels.
Data Envelopment Analysis
More information coming soon.