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SFA Update Mary Jane Michalak Associate Commissioner April 16, 2013
SFA UpdateMary Jane Michalak
Associate CommissionerApril 16, 2013
Today’s Agenda• Legislation – 1348– 1312– 1001
• Next Steps• 2013-2014 Awards Information• National Guard / CVO• Questions
HB 1348Frank O’Bannon / 21st Century Scholars Reform• Completion Requirements– 30/60/90– 24/48/72
• GPA Requirements– “Satisfactory Academic Progress”
• Annual Awards• Grid Awards schedule• Incentives• EFC for all students (independent and dependent)
Current Model
Base Award = Prior-Year Tuition up to a Max * 80%
- Federally-Determined Expected Contribution
Student Performance Incentive forAcademic Honors / Associate Degree =
Prior-Year Tuition up to a Max * 20%
New Model
Base Award Simple grid based on EFC and school type
Student Performance Incentive Flat-dollar increases for getting good grades,
accelerating completion, and earning credentials along the way
Example Base AwardsExpected Family Contribution
Institution $0 $1 to $500
$501 to $1,000
$1,001 to $1,500
PublicOn-Time $3,100 $2,600 $2,100 $1,600
Full-Time $2,500 $2,100 $1,700 $1,300
Ivy Tech or Proprietary
On-Time $2,600 $2,100 $1,600 $1,100
Full-Time $2,100 $1,700 $1,300 $900
Student Performance Incentive: Paying for what we value
PreparednessEarn a H.S. honors diploma (freshman only)
Good grades Keep GPA of 3.0 or higher last year
CredentialsHold an associate degree
AccelerationComplete 39+ credit hours last year
Implementation Schedule: 2013-2014• Maximum base awards through formula, as with
current system; PC and EFC used• Academic Honors/Technical Honors– 20% of max award (same as 2012-2013)– Incoming Freshmen will receive AH/TH award for one
year only.)• GPA – Satisfactory Academic Progress (Freshmen
and Sophomores)• Completion requirements (Freshmen)
Implementation Schedule: 2014-2015• Maximum base awards through grid (all students)*– EFC for all students
• GPA – SAP (Freshmen, Sophomores, Juniors)• Completion requirements (Freshmen, Sophomores)• Grandfathered Academic Honors / Technical Honors
bonus (Juniors, Seniors)• New Incentives (Freshmen, Sophomores)• Degree maps (Freshmen)
* Students who enter college under the formula will be grandfathered in under the “on-time award”
Implementation Schedule: 2015-2016• Maximum base awards through grid (all students)*– EFC for all students
• GPA – SAP (all students)• Completion requirements (Freshmen, Sophomores,
Juniors)• Grandfathered Academic Honors / Technical Honors
bonus (Seniors)• New Incentives (Freshmen, Sophomores, Juniors)• Degree maps (Freshmen, Sophomores)
* Students who enter college under the formula will be grandfathered in under the “on-time award”
Implementation Schedule: 2016-2017Frank O’Bannon / 21st Century reform fully implemented
•Maximum base awards through grid (all students)*– EFC for all students
•GPA – SAP (all students)•Completion requirements (all students)•New Incentives (all students)•Degree maps (Freshmen, Sophomores, Juniors)
Implementation Schedule: 2017-2018HB 1348 fully implemented
•Maximum base awards through grid (all students)*– EFC for all students
•GPA – SAP (all students)•Completion requirements (all students)•New Incentives (all students)•Degree maps (all students)
HB 1348 - Part-Time Grant
• Require recipients to complete 18 credit hours per year
• Extend full-time performance requirements (e.g., GPA) to part-time students
• Prohibit the use by students receiving outside tuition reimbursement
• Set application deadline to August and administer grant centrally, rather than current block-style starting in 2014
HB 1312 - EARN Indiana Program• Enhance eligibility– allow for-profit companies to participate– allow all employers to participate year-round– extend student eligibility to all students with financial
need• Promote the program through employer
networks• Ensure that EARN positions are experiential and
résumé-building• Better match students to relevant positions
HB 1001 – Budget Bill• Anything possible until April 29 • Teacher Stipends (in House Budget only)– Up to $5,000 for education majors during the student-
teaching semester if the student is: • A minority OR• Focused on special education or other high-need fields identified
by the Commission• Meet certain GPA requirements
– Stipend not limited to tuition & fees, paid directly to student by school corporation
– $450k per year for each program
HB 1001 – Budget Bill
• Maintains commitment to Financial Aid– Increases financial aid by $72.1 million over
biennium– Higher Education Award• $125M (2014) and $106M (2015)
– Freedom of Choice• $47M (2014) and $40M (2015)
– 21st Century Scholars • $109M (2014) and $120M (2015)
HB 1001 – Budget Bill
• EARN (work study) and Part-Time awards flat• Senate version– No funding for Minority Teacher Scholarship– No funding for Nursing program– No language or funding for Stipends– Creates loan forgiveness for physicians in rural
areas (administered by the Department of Health)
Next Steps
• 1348 Implementation meeting – May 8, 2013– Student-based model– Redesign of xGRADS
• Stipends outreach – if passed– Contacts with Schools of Education– K-12 School Business Officials
2013-2014 Awards
• May 9 – next “edit notification” e-mail• Tuition survey– Will be sending out week of April 29 – Needs to be returned by May 31
• Commission meeting set for June 13, 2013• SFA Award calculations begin June 14, 2013• Student notification begins July 1, 2013
National Guard / CVO
• Funding increases for both in HB 1001– NG - $3.6M (2014) and $3.7M (2015)– CVO - $27.2M (2014) and $28.7M (2015)
• Awaiting federal guidance on CVO
