Institutional Update Opens February 27
The Institutional Update is an annual survey of HLC member institutions on their enrollment, academic offerings, operations and finances. Collecting this information allows HLC to stay aware of its members’ organizational health and ensures that our records about each institution are correct and up to date.
The 2023 Institutional Update will take place February 27–April 7 in Canopy. Institutions can start preparing now using the 2023 Institutional Update Guide.
New This Year
We are planning a number of improvements for the 2023 Update, many in response to feedback from our members.
Extended Reporting Period
We aligned the due date of this year’s Institutional Update with the IPEDS spring collection deadline. This new timeline gives institutions an additional two weeks to complete the Update.
Separate Form for Composite Financial Index (CFI) Information
The Institutional Update will be split into two forms:
- Institutional Update Form, which includes questions regarding basic institutional information, academic offerings, head counts, locations and branch campuses, and other topics.
- Composite Financial Index (CFI) Form, which asks for data used to calculate institutional CFI ratios.
The new CFI form accommodates institutions that do not have financial data available until later in the spring due to the structure of their fiscal year calendar. These institutions will now be able to submit the rest of their information within the normal reporting period.
Contact Update
In previous years, institutions were asked to submit changes to their primary contacts in the Institutional Update. This year, contact changes should be submitted through the separate Contact Update, which was published in Canopy in September. The Contact Update Survey will remain available year-round, so institutions can report changes as soon as they occur.
Superordinate Entity
A new field has been added to the Institutional Update Form for institutions to provide the name of their superordinate entity, if applicable. A superordinate entity is an entity that occupies the level immediately above the institution’s governing board in the organizational structure. This field replaces the previous “ownership of the institution” field.
Questions?
We are here to help our members get ready for the Update. Reach out to This email address is being protected from spambots. You need JavaScript enabled to view it. with questions about the survey itself, or submit a help request for assistance with Canopy.
