Post on 25-Feb-2016
description
transcript
Oh the Things You Can Think About Missouri State Aid
Agenda
• BIG P, little p, What Begins with P? – Primary Program Profiles, P…P…P…
• Oh Say Can You Say – Your Fill of No Frill Possible Changeable Aid by Wade
• Would You Rather be a Bullfrog? (And Other Pressing Questions & Answers)
Marguerite Ross Barnett• FY 2014
– 238 students/$353,952 to date for fall 2013• 274 students/$549,825 in FY 2013 (2012-2013 AY)
– 10 students and $15,970 pending funding to date– Unspent funds from smaller programs co-mingled to
boost Ross funding• $442,389 Ross funds available• $327,491 est. available from smaller programs’ unspent funds
– Funding re-evaluated in December after fall payments to smaller programs complete
Marguerite Ross Barnett
• FY 2015– Same appropriation structure of co-mingled
funds• Level Ross funding available• Amount available from smaller programs unknown
– Growth in Public Safety Officer and Wartime Veteran’s Survivors programs
– Little change in Minority Teaching and Vietnam Veteran’s Survivor programs
A+
• FY 2014– Projected 13,230 students
• Approx 10% increase from FY 2013
– Projected $32.1 million• Approx $3.6 million increase from FY 2013
• FY 2015– Estimating between 14,000 & 15,000 students & $36
million in expenditures– Additional funding requested
Access Missouri• FY 2014
– Projecting 54,000 students• Approx 5% decrease from FY 13
– Projecting $60.6 million• Approx $2.4 million decrease from FY 13
– Awards set at 51% of statutory maximums• Public 2 –Year: $300 - $510• Public 4 –Year & LSTC: $1,000 - $1,100• Private: $2,000 – $2,350
– Awards re-evaluated in December
Access Missouri
• FY 2015 – Changes to Statutory Maximums & Minimums
Fiscal Year Public 2-Year Public 4-Year & LSTC
Private
Min Max Min Max Min Max
2013-2014 $300 $1,000 $1,000 $2,150 $2,000 $4,600
2014-2015 $300 $1,300 $1,500 $2,850 $1,500 $2,850
Bright Flight
Qualifying scoresACT SAT
Top 3 %Top 4th & 5th percentiles Top 3% Top 4th & 5th percentiles
Critical Reading
Math Critical Reading
Math
FY 2014 31& above
30 790 & above
780 & above
770-789 760-779
FY 2015 31& above
30 TBA TBA TBA TBA
Bright Flight
• FY 2014– Projected 6,100 students
• Approx same as FY 2013– Projected $15.2 million
• Approx $3.4 million increase from FY 2013– Award Amounts
Top 3 Percent Top 4th & 5th Percentiles
Statutory Max $3,000 $1,000
FY 14 Actual $2,500 $0
FY 13 Actual $2,000 $0
Bright Flight
• FY 2015– Current projections similar to FY 2014– Projections may change as meaning of
Governor’s commitment to increased funding and program refinements becomes more clear
• Unspecified enhancements to Bright Flight specifically mentioned in news articles
Emerging Issues
• Status of Alternate Eligibility Process for A+– Cut scores for ACT/COMPASS math exams– Reviewed available information including
MDHE developmental ed. study– Requesting input from A+ community– Proposal to CBHE in December
Emerging Issues
• Deferred Action for Childhood Admission– Federal policy to halt deportation of children
brought to US by undocumented parents– Not the “Dream Act”
• Does not change legal status of child
– Not eligible for federal student aid• Can complete the FAFSA
Emerging Issues
• DACA (cont.)– Primary state financial aid impact is A+
• Access and BF require citizenship or permanent residency
– Missouri law prohibits “public benefit” to individuals who are “unlawfully present”
– Currently under study• Final decision will be distributed to all participating
institutions
Located in Missouri
• Approved Private Institution• Statutory requirement (Section 173.1102)
– Non-profit– Dedicated to educational purposes– Located in Missouri– Multiple additional requirements
• Not defined in state aid regulations
Located in Missouri
• Executive Order 13-04– Declares WGU-Missouri as a non-profit
institution located in Missouri– Directs the MDHE to
• Eliminate barriers to WGU-Missouri’s operation• Ensure WGU-Missouri students are eligible to
receive financial aid on same basis as MO public institutions
Located in Missouri
• Assumptions– Address the requirements of the EO– Incorporate definition of “located in Missouri”
into program regulations– Establish a clear definition applicable to any
“like situated” institution
• Potential action at December CBHE meeting
Legislative Issues
• Academic preparation– End of course exam requirements– Alternatives for eligibility
• Timely completion– Complete minimum number of hours per year– Focus on completion not enrollment
Legislative Issues
• Better targeting of programs– Loan forgiveness and related program
structures– Accountability for persistence and outcomes
• Financial competition– Stated focus on education funding– Competition for limited funds, internal and
external
Questions State Aid Questions
Connie BestgenProgram Specialist800-473-6757, option 4573-751-1772connie.bestgen@dhe.mo.gov
Amy HallerProgram Specialist573-526-7958amy.haller@dhe.mo.gov
Kelli ReedStudent Assistance Associate573-751-2444kelli.reed@dhe.mo.gov
General QuestionsP.O. Box 1469
Jefferson City, MO 65102-1469
Phone: 573-751-2361
Fax: 573-751-6635
Info Center: 800-473-6757
info@dhe.mo.gov
www.dhe.mo.gov