Section Menu

Need Help? Click to Chat!

SP7: Composite Financial Index (CFI)

The Composite Financial Index (CFI) is a measure of the institution’s overall financial health based on the sufficiency and flexibility of resources, the management of debt, the performance of assets, and the results of operations. A score of 3.0 is considered the threshold for financial health.

Benchmark data from the Council of Independent Colleges (CIC):

All national and regional data are presented as medians

Region Total Schools Description
Far West 53 includes institutions from Alaska, California, Hawaii, Nevada, Oregon, and Washington
West 78 includes institutions from Arizona, Colorado, Idaho, Kansas, Montana, Nebraska, New Mexico, North Dakota, Oklahoma, South Dakota, Texas, Utah, and Wyoming
National 702 includes institutions nationwide
750-1500 174 Size of institution based upon 12-month full-time equivalency of undergraduate, graduate and first-professional student enrollment
<750 90 Size of institution based upon 12-month full-time equivalency of undergraduate, graduate and first-professional student enrollment
* Data Source: 2013 CIC and May 2014 Scorecard