(2022) Carnegie Classification of Institutions of Higher Education (2024)Student enrollment and graduation rates at the undergraduate level are critical in determining thedollar amounts provided when considering external funding, including state-based funding,federal funding, and private-sector investing. While the number of undergraduate studentsdoesn’t directly impact the index calculation, an institution's ability to recruit and retain studentswho can conduct year-round undergraduate research for faculty, for example, has broaderimplications for faculty members' ability to complete their research goals, apply for grants, off-set teaching requirements (typically higher at R2 and R3 teaching-centered institutions) and