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Is there a standard formula for calculating FTE?

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Is there a standard formula for calculating FTE?

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Full-Time Equivalent (FTE) is a formula used to record the total credit hours taken by students or hours worked by employees. This metric provides a standard way of measuring an institution’s student body, faculty, and staff. Institutions determine how to calculate FTE for themselves, often based on guidance from their state and parameters within their internal recordkeeping systems. Campus Compact expects that the FTE numbers reported in the annual survey are consistent with practice at a responding institution.

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