Instructional Improvement ROI Tool

​Institutional leaders are under pressure to improve instructional quality and student outcomes while maintaining or reducing marginal costs. As part of its​ collaboration with Strada Education Network, ACE worked with Ithaka S + R to develop a tool and a corresponding paper that allows academic leaders to estimate the return on investment (ROI) for different instructional improvement efforts.

The ROI tool builds on the framework developed in a 2017 ACE white paper by Jessie Brown and Martin Kurzweil, which describes how instructional improvement initiatives can generate institutional revenue through improvements in student outcomes.

The paper and the accompanying step-by-step guide below, describe how to use the tool and provide some background information on its development.

The beta version of the ROI tool, and an example of the tool in use, are available below the two publications. Please note: The tool is a downloadable Microsoft Excel file and must be operated on Microsoft Windows. ​

 Guides for Using the ROI Tool

Estimating the Return on Investment (ROI) for Instructional Improvement Efforts: An Overview of the ROI Tool (beta version)
January 1, 2019
Estimating the Return on Investment (ROI) for Instructional Improvement Efforts: An Overview of the ROI Tool (beta version)
The first of two papers for use with the ROI Tool, this overview explores how the tool was developed, its purpose, and how the tool's calculations were derived.
Estimating the Return on Investment (ROI) for Instructional Improvement Efforts: Step-By-Step Tool Walk-Through​
January 1, 2019
Estimating the Return on Investment (ROI) for Instructional Improvement Efforts: Step-By-Step Tool Walk-Through​
The second of two reports about the ROI Tool, this resource provides a step-by-step guide for using the tool, and should be used in tandem with Estimating the ROI for Instructional Improvement Efforts: An Overview of the ROI Tool.

​ROI Tool and Sample

Utilizing the ROI Tool to determine the return on investment for instructional improvement plans may necessitate deep and thoughtful conversations with colleagues at your institution. The tool provides five different tabs to complete the process: instructions, inputs, estimated returns, formulas, and additional details.

Below are two versions of the ROI tool. The first is blank, which we recommend you download for your own use. The second is the example of the tool detailed in the accompanying paper above​.

Again, the tool is available only as a Microsoft Excel download and must be operated on Microsoft Windows using a PC; the tool will not function properly on a Mac.​

Please note: When opening the tools below, you must "allow" or "enable" macros or content if prompted.