1 / 49

State Aid Update

State Aid Update. Leroy Wade October 4, 2019. Agenda. Budget Update Department Update Fast Track Workforce Incentive Grant State Aid Program Update Delayed Algebra I EOC Scores Follow Up Administrative Rule Revisions Dual Credit/Dual Enrollment Addition State Aid Student Portal.

scharles
Download Presentation

State Aid Update

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. State Aid Update Leroy Wade October 4, 2019

  2. Agenda • Budget Update • Department Update • Fast Track Workforce Incentive Grant • State Aid Program Update • Delayed Algebra I EOC Scores Follow Up • Administrative Rule Revisions • Dual Credit/Dual Enrollment Addition • State Aid Student Portal

  3. Budget Update

  4. FY 2019 Recap - Expenditures Big 4 Expenditures - $128,554,737 All Programs - $128,966,566

  5. FY 2019 Recap – Students Served Big 4 Recipients – 64,923 All Programs – 65,004

  6. Estimated Expenditures, by FY

  7. FY 2021 Requested Increases • Fast Track - $14.6 M • Full fund estimated cost of program • Access Missouri - $7.0 M • 1st part of 3 year initiative to fully fund • A+ - $4.8 M • Cost to continue • Bright Flight - $500,000 • Cost to continue

  8. Department Update

  9. Meet the New Department Missouri Department of Higher Education & Workforce Development • Executive Order 19-15 signed August 28, 2019 • Moves DWD (Division of Workforce Development) from Economic Development to Higher Ed. • Moves MERIC (Missouri Economic Research and Information Center) to Higher Ed.

  10. Vision Every Missourian empowered with the skills and education needed for success Success is – • Individual success (mobility/wages/satisfaction) • Employer success (skilled workers available) • State success (economic growth)

  11. A Little Old, A Little New • Same mailing address: PO Box 1469, Jefferson City, MO 65102-1469 • Same phone numbers 573-751-2361 • Same fax number: 573-751-6635 • New email addresses: firstname.lastname@dhewd.mo.gov • New location: Moving from Jefferson Building to Truman Building (still in JC) in November

  12. Fast Track Workforce Incentive Grant

  13. Background • SB 68 Passed by Legislature/Signed by Governor on July 10 • Creates adult-focused grant program designed to address areas of workforce shortage in Missouri • Grant converts to loan if work requirement is not met • Program sunsets in three years if not extended by General Assembly • $10 M in Lottery funds appropriated for FY 2020

  14. Background • Student Eligibility • Age 25 and above or out of education for two years • Complete the Free Application for Federal Student Aid (FAFSA) • Adjusted Gross Income • $80,000 or less if filing jointly • $40,000 or less for any other filing status • Enroll at least half-time in a CBHE designated program at an “approved institution” • Complete a Fast Track application

  15. Background • Eligibility Expiration • Four semesters or equivalent • Receipt of bachelor’s degree • 200% of normal time to complete the program • Residency/Work requirement • Graduate from eligible program • Maintain Missouri residency for at least three years • Work in Missouri for at least three years • Converts to a loan with interest if fail to meet work requirement

  16. Eligible Programs • 114 Program areas included • Agriculture • Information Technology/Computer Science • Teacher Education • Engineering and Engineering Technology • Construction Trades • Mechanic and Repair Technologies • Precision Production • Transportation/Materials Moving • Health Professions • Business Management/Marketing • 635 Program types incorporated in approval action

  17. Current Status • Application live on August 5 • Currently 350+ applications received • Proceeding with development of Phase I of implementation • Projected to go live the week of October 21 • Initial program eligibility limited primarily to STEM and STEM-related • Includes some Agriculture and Education programs • Additional program areas added as implementation proceeds • Other program limitations • “Non-credit” programs not currently listed • Working to correct data problem

  18. State Aid Overview

  19. Access Missouri • Primary need-based program • EFC of $12,000 or less • Other eligibility requirements • U.S. Citizen or permanent resident • Missouri resident • Full-time undergraduate enrollment • File a FAFSA by deadline (Feb. 1/April 1) • Award can be used for any educationally-related expense

  20. Bright Flight • Primary merit-based program • 2019-2020 ACT composite score - 31 • June ACT test remains deadline to receive qualifying score • July ACT test – First test for following year • 2019-2020 award $3,000 for top 3% • Top 4th & 5th percentiles remain unfunded • Award can be used for any educationally-related expense • FAFSA not required but may affect eligibility

  21. A+ Update

  22. 2018-2019 Algebra I EOC Scores

  23. Background • Release of 2018-2019 EOC threshold scores delayed until July 2019 • June 10 & July 17, 2019 e-distribution messages • A+ eligibility uncertain for some 2019 seniors • Took the Algebra I (or higher math) EOC in 2018-2019 • Did not have a qualifying ACT math/HS GPA combination • Similar issue in 2017-2018

  24. Temporary Waiver • Letter from HS with the impacted student’s unstamped transcript in place of the A+ stamped transcript: • Confirmation student met all A+ criteria except Algebra I EOC & is in the waiver population • On letterhead & signed by the A+ coordinator or a school administrator

  25. Temporary Waiver (cont’d) • Summer 2019 reimbursement made based on letter & unstamped transcript • Waiver effective even if summer funds requested after the score release • Summer funds retained even if funds requested before score release & student found to be ineligible after score release • A+ stamped transcript required for fall 2019

  26. Administrative Rule Revisions

  27. Effective July 30, 2019 • Changes align rule with 2018 statutory changes (HB 1744) • Can attend an A+ high school(s) in any 3 years prior to graduation • Removed “immediately” • 3 years definition unchanged • Must have been enrolled in 80% of the instructional days in those 3 years

  28. In Progress • Related to HB 604 (Signed in July of 2019) • Existing A+ Scholarship impacted by addition of dual credit/dual enrollment provisions • 3 year attendance requirement reduced to 2 years • Postsecondary GPA check each semester before request reimbursement • Dual credit/dual enrollment provisions in development

  29. In Progress – Estimated Timeline • 9/11/2019: CBHE approved proposed revisions • September – early October 2019: Governor’s Office Review • October 2019: Rule filed with Secretary of State • 30-day public comment period • April – May 2020: Rule effective

  30. Dual Credit/ Dual Enrollment

  31. Overview • HB 604 (2019 legislative session) • Truly Agreed to and Finally Passed 5/17/19 • Signed by Governor 7/11/19 • Tuition/fees reimbursement for dual credit/dual enrollment coursework from any higher education institution • Student eligibility tied to A+

  32. Overview (cont’d) • Single appropriation for postsecondary A+ and high school dual credit/dual enrollment students • Postsecondary A+ students have award priority • Dual credit/dual enrollment students further prioritized by need

  33. Issues to Overcome • Definition of need • Available funding unknown until spring after: • All dual credit/dual enrollment students (fall and spring enrollments) ranked by need and • A+ postsecondary students reimbursed • No additional funds appropriated for FY 20, additional funds for FY 21 uncertain

  34. FY 21 Budget Request: $66,766,190 Dual Credit Increase A+ Increase A+ Core

  35. Next Steps • Establish Dual Credit/Dual Enrollment Workgroup • Draft administrative rule • Input from work group & State Student Financial Aid Committee • Operationalize the program • Identification of student, high school, postsecondary, and MDHEWD responsibilities • System updates

  36. Next Steps (cont’d) • Implementation • No funding for FY 2020 • FY 2021 full implementation, if funded • Correct drafting errors in statute • 2020 legislative session • Dual credit/dual enrollment students currently required to graduate from an A+ high school before receiving reimbursement

  37. New Journey to College Student Aid Portal

  38. Portal • Designed to provide timely and actionable information • “Turbo-tax” type eligibility estimator • Real time communication with users – email or text • Users can update/correct information to maintain eligibility • Built with “responsive design” – works on any device • Updated security for users • Workspace • Single location to save a variety of postsecondary education information • Works in conjunction with or independent from student portal • Available anywhere from any device

  39. Questions? Connie Bestgen, financial aid specialist 800-437-6757, option 4 573-751-1772 Connie.Bestgen@dhewd.mo.gov Amy Haller, financial aid specialist 573-526-7958 Amy.Haller@dhewd.mo.gov Kelli Reed, senior associate 573-751-2444 Kelli.Reed@dhewd.mo.gov

More Related