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Oh the Things You Can Think About Missouri State Aid

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).

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Oh the Things You Can Think About Missouri State Aid

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  1. Oh the Things You Can Think About Missouri State Aid

  2. 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)

  3. 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

  4. 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

  5. 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

  6. 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

  7. Access Missouri • FY 2015 • Changes to Statutory Maximums & Minimums

  8. Bright Flight Qualifying scores

  9. 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

  10. 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

  11. 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

  12. 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

  13. 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

  14. 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

  15. 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

  16. 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

  17. 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

  18. 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

  19. Questions State Aid Questions General Questions • Connie Bestgen • Program Specialist • 800-473-6757, option 4 • 573-751-1772 • connie.bestgen@dhe.mo.gov • Amy Haller • Program Specialist • 573-526-7958 • amy.haller@dhe.mo.gov • Kelli Reed • Student Assistance Associate • 573-751-2444 • kelli.reed@dhe.mo.gov P.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

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