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Oh the Things You Can Think About Missouri State Aid

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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). - PowerPoint PPT Presentation

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Page 1: Oh the Things You Can Think About Missouri State Aid
Page 2: Oh the Things You Can Think About Missouri State Aid

Oh the Things You Can Think About Missouri State Aid

Page 3: 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)

Page 4: Oh the Things You Can Think About Missouri State Aid

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

Page 5: Oh the Things You Can Think About Missouri State Aid

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

Page 6: Oh the Things You Can Think About Missouri State Aid

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

Page 7: Oh the Things You Can Think About Missouri State Aid

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

Page 8: Oh the Things You Can Think About Missouri State Aid

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

Page 9: Oh the Things You Can Think About Missouri State Aid

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

Page 10: Oh the Things You Can Think About Missouri State Aid

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

Page 11: Oh the Things You Can Think About Missouri State Aid

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

Page 12: Oh the Things You Can Think About Missouri State Aid

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

Page 13: Oh the Things You Can Think About Missouri State Aid

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

Page 14: Oh the Things You Can Think About Missouri State Aid

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

Page 15: Oh the Things You Can Think About Missouri State Aid

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

Page 16: Oh the Things You Can Think About Missouri State Aid

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

Page 17: Oh the Things You Can Think About Missouri State Aid

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

Page 18: Oh the Things You Can Think About Missouri State Aid

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

Page 19: Oh the Things You Can Think About Missouri State Aid

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

Page 20: Oh the Things You Can Think About Missouri State Aid

Questions State Aid Questions

Connie BestgenProgram Specialist800-473-6757, option [email protected]

Amy HallerProgram [email protected]

Kelli ReedStudent Assistance [email protected]

General QuestionsP.O. Box 1469

Jefferson City, MO 65102-1469

Phone: 573-751-2361

Fax: 573-751-6635

Info Center: 800-473-6757

[email protected]

www.dhe.mo.gov