The commission for higher education shall establish a set of policies for Indiana University-Purdue University Fort Wayne that recognizes its unique role in the Indiana system of public higher education, including policies that:

1. (1) establish performance funding metrics that are appropriate for the characteristics of the student body enrolled full time and part time at Indiana University-Purdue University Fort Wayne;
2. (2) permit a higher percentage of on-campus residential housing than is permitted by the commission for higher education for regional campuses;

3. (3) facilitate the delivery of a broad array of master's degree and terminal professional doctoral degrees:

   1. (A) that are offered in disciplines needed in the metropolitan area; and
   2. (B) as approved by the board of trustees of the respective degree granting state educational institution and the commission for higher education; and
4. (4) facilitate both basic and applied research primarily but not limited exclusively to research having the potential to advance the quality of life in the region in which Indiana University-Purdue University Fort Wayne is located and the competitiveness and recognition of the region's individuals, businesses, and other entities in global commerce and affairs.

As added by P.L.213-2015, SEC.239.