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Missouri Department of Higher Education. State updates presented by Leroy Wade. Today’s Agenda. Challenge Grant updates Content on dhe.mo.gov Report on state aid programs for 2008-09 FAMOUS enhancements Reauthorization updates Entrance and exit counseling and materials. Challenge Grant.

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missouri department of higher education

Missouri Department of Higher Education

State updates presented by

Leroy Wade

today s agenda
Today’s Agenda
  • Challenge Grant updates
  • Content on dhe.mo.gov
  • Report on state aid programs for 2008-09
    • FAMOUS enhancements
  • Reauthorization updates
    • Entrance and exit counseling and materials
challenge grant
Challenge Grant
  • Sub-grant RFP and application materials
    • Competitive grant
    • MDHE contacts: Leroy Wade and Tim Hopkins
    • Ready for distribution by end of December
    • MDHE will distribute materials by:
      • Posting on MASFAP-L
      • Article in MDHE Digest
      • MDHE e-distribution message to all subscribers
      • Article in DESE counselor newsletter, Guidance Digest
  • Who can submit a proposal?
    • Non-profit Missouri organizations with proven expertise in activities promoting postsecondary education
challenge grant1
Challenge Grant
  • Proposals will be evaluated by a panel on:
    • Expected impact on target populations
    • Quality of the organization’s existing activities
    • Extent to which statutory guidelines are met
      • The benefits of postsecondary education & financing options
      • “At risk” populations served
      • Assistance with FAFSA completion
    • Note: Draft scoring rubric will be distributed with the RFP and application materials
content updates dhe mo gov
Content Updates dhe.mo.gov
  • Since May 2008:
    • 59 web pages have been updated
    • Updated speakers bureau topic list
      • 22 topics now on the list
      • As always, additional topics available upon request
  • MDHE is continuing to work on updating Web site content; next priorities:
    • Missouri state aid content
    • Recent changes in federal regulations/laws
state aid programs
State Aid Programs
  • Access Missouri
    • $47.8 M distributed to date ($96 M appropriated)
    • 39,655 students served
    • Preferred fall certification deadline 12/5/08
  • Bright Flight
    • $7.96 M distributed to date
    • 7,961 students served
state aid programs1
State Aid Programs
  • Marguerite Ross-Barnett
    • $210,464 distributed
    • 153 students served
    • Payments on Hold
  • Public Service Officer Survivor
    • Growing program
  • Vietnam Veterans Survivor
    • Program winding down
state aid programs2
State Aid Programs
  • Missouri Teaching Fellows Program
    • Letter sent to interested students
    • Application materials in development
  • Kid’s Chance Scholarship
    • Fall 2009 implementation
    • Proposed rule in development
    • HB 2191 - $1 million principal by 2018
  • War Veteran’s Survivors Grant
    • Created by HB 1678 in 2008 legislative session
    • Fall 2009 implementation
    • Proposed rule in development
famous enhancements
FAMOUS Enhancements
  • Conversion to online platform
    • Improved messages
    • Additional certification functionality
      • Ability to certify for Access only, Bright Flight only, or both
      • Confirm Certify screen with export capability
    • Disbursement History to replace Transfer Payment Info screen
    • User info from security system to replace contact info
proposed administrative rule changes
Proposed Administrative Rule Changes
  • General clean up of all state aid administrative rules
  • Generic institutional eligibility rule to cover all programs
  • All rules to reference the institutional eligibility rule
  • Addition of disability language to all rules
  • To CBHE for approval 12/08 to be effective for fall 2009
2009 missouri legislative session
2009 Missouri Legislative Session
  • CBHE and MDHE legislative priorities
    • Bright Flight
    • Access Missouri
publication updates
Publication Updates
  • Materials distributed
    • Just under 200,000 pieces distributed 2007-08
    • YTD 2008-09, distributed 196,100 pieces
  • New state aid electronic publication coming soon
    • In-depth information
    • Will be available via www.dhe.mo.gov
      • Printed copies may be requested
  • Additions to online order form:
    • Common Manual CD added for order by Missouri institutions
    • Choices, October 2008 publication from Missouri Life magazine
publications and heoa
Publications and HEOA
  • Entrance and Exit Counseling Workbooks
    • HEOA changed the requirements regarding what must be covered during entrance and exit counseling
    • MDHE workbooks may still be ordered and used, however additional information may be needed to supplement
mdhe exit workbooks
MDHE Exit Workbooks
  • Exit counseling supplemental materials & information
    • Comparison of each repayment plan option
      • Average monthly payments
      • Differences of total interest
      • Differences in total amount repaid
    • Copy of USDE publication regarding loan forgiveness & discharge
    • Copy of USDE publication describing deferments & forbearances
    • How borrowers can use NSLDS effectively
mdhe entrance workbooks
MDHE Entrance Workbooks
  • Entrance counseling supplemental materials & information
    • Effect of accepting the loan on eligibility for other aid
    • Interest accrual and capitalization
      • Unsubsidized Stafford or Grad PLUS
      • How to pay the interest while in school
    • Definition of half-time enrollment
      • Consequences of falling below half time
      • What to do if the student needs to withdraw or drop below half time
    • How borrowers can use NSLDS effectively
federal title iv reauthorization
Federal Title IV Reauthorization
  • Higher Education Opportunity Act (HEOA)
  • Adverse credit definition change for PLUS loans
  • Some dependent students MAY now qualify for unsubsidized Stafford Loans when the parent(s) refuse to complete the FAFSA
    • Dependent loan limits apply
    • MDHE system can guarantee these loans now
mdhe fdf subsidy
MDHE FDF Subsidy
  • Subsidy available 2008-09 for:
    • All Stafford and PLUS loans
    • Missouri schools
    • Guarantee dates between 7/1/2008 and 6/30/2009
  • MDHE total subsidies year-to-date of $2,749,781
mdhe advisory committees
MDHE Advisory Committees
  • Joint meeting of school FAOs and lenders conducted in October
    • New members continue to be welcome
    • Contact your MDHE client rep or Julie Meyer, if interested
  • High school counselor committee met September 29
    • 24 members
    • Committee mission and goals:
      • Identify critical needs of Missouri’s college-bound students that are not currently being met
      • Provide insight into teen viewpoints and popular culture trends
      • Identify needs of the secondary education community
model direct atom
MODEL Direct & ATOM
  • MODEL Direct updates
    • MODEL Direct logo being replaced by MDHE logo
    • Product name is staying the same
  • ATOM updates
    • ATOM logo being replaced by MDHE logo
questions or comments
Questions or comments?

3515 Amazonas Drive

Jefferson City, MO 651O9

(8OO) 473-6757

(573) 751-3940

Fax (573) 751-6635

[email protected]

www.dhe.mo.gov

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