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<p class="MsoNormal"><span style="font-size:12.0pt">Ladies and Gentlemen:<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">Beginning in the early summer of 2024 the State Regents began exploring options to expand and improve their access and understanding of institutional measurements and budget data, with the objective of gaining
greater context and clarity on which to make important decisions. As discussion continued, one of the key tools suggested for development was a one page profile for each institution, providing Regents, institution officials and others with an at-a-glance reference
to enrollment, outcome, and financial/budget information over a ten year timeline. Nearly all of the data fields in the profile are provided in other documents, except the elements comprising the Composite Financial Index (CFI). The profile offers greater
convenience and serves to compliment, not replace, the other materials provided to our Regents. Your presidents were briefed in this process at the last Council of Presidents meeting and will continue to be updated going forward.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">The Regents will be participating in a retreat on March 26, 2025, where the institution profiles will be discussed as to progress and to explore steps forward leading up to the critical May and June allocation,
budget, tuition and fee decisions, as provided by statute. A few of you have kindly served as testers of my ability to complete the profile, particularly the CFI elements. I have concluded that my lack of hands-on experience and limited source documents, in
some instances, will not provide an acceptable assurance of accuracy for every institution. My intention to populate the CFI elements remains, but I will need your assistance to provide the base values for the CFI ratios and, ultimately, the CFI. I am using
the HLC online worksheet, which has been very helpful, as it calculates much of the intermediate and final values automatically.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">I would like to provide the Regents with preliminary (“DRAFT”) profiles for each institution at the retreat for discussion purposes only, subject to final adjustment from you and your teams. I am attaching
a profile form with this message for your review. While I realize spring break is next week, if you have an opportunity to complete any of the CFI portion prior to March 26<sup>th</sup>, that will be most appreciated. The discussion at the retreat will be
more about format and the use of the profile going forward, not on the specific data, but soon thereafter we will begin to incorporate the completed documents into their process along with other inputs, much of which is quite familiar to you.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">My singular goal is to assemble accurate, meaningful information. I believe the State Regents are committed to trying new ways to approach budget-related issues with the objective of improving the process
and, by extension, the system. Thank you for assisting our team in that effort.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">I am attaching a blank HLC CFI worksheet and a blank draft institution profile template for your review. Again, any assistance with the CFI inputs is greatly appreciated. Please provide any CFI by the end
of business on March 24<sup>th</sup>, if possible.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">Thanks,<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">Mark<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Palatino Linotype",serif;color:#2F5496">Mark Tygret<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Palatino Linotype",serif">Vice Chancellor for Budget and Finance<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Palatino Linotype",serif">Oklahoma State Regents for Higher Education<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Palatino Linotype",serif">655 Research Parkway, Suite 200<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Palatino Linotype",serif">Oklahoma City, OK 73104<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Palatino Linotype",serif">(405) 225-9126 office<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:9.0pt;font-family:"Palatino Linotype",serif">(405) 613-4363 cell<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Palatino Linotype",serif"><a href="mailto:mtygret@osrhe.edu">mtygret@osrhe.edu</a><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Palatino Linotype",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><img border="0" width="103" height="52" style="width:1.0729in;height:.5416in" id="Picture_x0020_1" src="cid:image003.jpg@01DB93FD.BAE99200" alt="Oklahoma State Regents for Higher Education logo"><span style="font-size:10.0pt;font-family:"Palatino Linotype",serif"><o:p></o:p></span></p>
<p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:10.0pt;font-family:"Palatino Linotype",serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
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