2013-14 Pennsylvania Targeted Industry Program (PA-TIP) - PowerPoint PPT Presentation

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2013-14 Pennsylvania Targeted Industry Program (PA-TIP) PowerPoint Presentation
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2013-14 Pennsylvania Targeted Industry Program (PA-TIP)

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2013-14 Pennsylvania Targeted Industry Program (PA-TIP)

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  1. 2013-14 Pennsylvania Targeted Industry Program (PA-TIP)

  2. Presentors:Isaac Greene, Manager of Special ProgramsJen Brougher, Senior Special Programs AnalystTim Ireland, Special Programs Analyst

  3. PA-TIP - Background • Announced in the Governor’s Proposed Budget in February 2012; Legislation approved July 2012 • PHEAA Board of Directors approved - $5 million in funding June 2012& again in June 2013 • 2012-13 statistics: • 2,935 applications • 1,268 recipients • 66 approved institutions • $4,590,446 net disbursed awards

  4. 2013-14 PA-TIP Award Year Changes • Award Amounts • Half-time Awards • PA-TIP refund processing

  5. 2013-14 PA-TIP Award Year Changes • Maximum Award Amount • Maximum full-time award = Maximum State Grant award ($4,363) or 75% of student cost, whichever is less • Maximum half-time award = $2,180 or 75% of student cost, whichever is less • Veterans are eligible for State Grant Max or 100% of cost, whichever is less • Minimum Award Amount • $500 full-time awards • $250 half-time awards


  6. 2013-14 PA-TIP Award Year Changes • Barriers to participation for Community Colleges and vocational schools • PA-TIP awards to students enrolled ‘half-time’ at approved public and private, non-profit institutions • Half-time definition: enrolled in at least 6 credits but no more than 11 credits or the clock hour equivalent

  7. 2013-14 PA-TIP Award Year Changes • PA-TIP refund processing • No funds will be disbursed to a school that has an outstanding refund due over 45 days • 45 days are determined by the date that PHEAA has received and processed your disbursement roster or Applicant Certification and Status Listing which indicated a refund due

  8. Full-time Award Formula

  9. Calculating FT PA-TIP Awards

  10. Part-time Award Formula

  11. Calculating PT PA-TIP Awards

  12. 2013-14 PA-TIP Estimator • Living Expense Allowance • Pell Award (Listing) • Document Library

  13. PA-TIP Reconciliation Rosters • The annual Reconciliation Roster gives schools a final opportunity to report ineligible students or changes to a student’s status. • An actual graduation date should be provided ONLY if the student has graduated. • The roster must be returned within 30 days of receipt. Future disbursements are withheld until it is returned.

  14. PA-TIP Reconciliation Rosters <<CCYY>> PA-TIP RECONCILIATION ROSTER DOC ID TTDR <<MM/DD/CCYY>> PAGE XXXX 00332700-01 <<INSTITUTION FULL NAME>> Student Eligibility FULL YEAR OUTSTANDING CERTIFIED FALL WINTER SPRING SUMMER DUE REFUNDED REFUND STUDENT IDENTIFICATION AWARD DISB DISBDISB DISB STUDENT TO DATE DUE -------------------------------------------- --------- ---------- ---------- ------------ ------------ ----------- ------------ ---------------- 123-45-6789 $5,796 $1,449 $1,449 $1,449 $1,449 $0.00 $0.00 $0.00 STUDENT, PHEAA M ACTUAL GRAD DATE __/____ COLLEGE COMMENTS: ____________________________________________

  15. Employment Reporting • Graduate PA-TIP recipients information (recon) • PHEAA and PA Labor & Industry • Recipient : Graduate • Graduate : Employed • Breakdown by Sector, Institution and Industry • Vital for continued funding!

  16. 2013-14 PA-TIP Reminders/Tips • Pending students must be certified by July 1, 2014 • April 1, 2014 – Deadline for PA-TIP student application submission • PA-TIP School Application, BPAMS guidelines and the CIP Code Inclusion Request Form can be found on PHEAA.org/PA-TIP • Program eligibility • Term disbursement

  17. For Technical assistance or more information, please contact us at:email: patip@PHEAA.orgphone: 1 800-443-0646, Option 3, 2

  18. Questions?