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Scholarship and Grant Workshop July 11, 2012

Scholarship and Grant Workshop July 11, 2012. State Funding (in $ millions). State Financial Aid as % of State Higher Education Funding. Two new programs since 2000. Oklahoma Tuition Equalization Grant (2004-05; $3.4 million) Concurrent Enrollment Tuition Waiver (2006-07; $2.7 million).

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Scholarship and Grant Workshop July 11, 2012

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  1. Scholarship and Grant Workshop July 11, 2012

  2. State Funding(in $ millions)

  3. State Financial Aid as % of State Higher Education Funding

  4. Two new programs since 2000 • Oklahoma Tuition Equalization Grant (2004-05; $3.4 million) • Concurrent Enrollment Tuition Waiver (2006-07; $2.7 million)

  5. OTAG – Oklahoma Tuition Aid Grant • State Funding • Loss of federal LEAP/SLEAP matching funds • Adult students

  6. OTAGState Funding

  7. OTAG adult students (age 24 & over)

  8. Academic ScholarsState Funding

  9. Academic Scholars Recipients

  10. Freshmen National Merit Scholars

  11. Academic Scholars • Limit on funding for nonresident participants lowered from 25% to 20% effective 2012-13. • Institutions over the limit must pay refunds. • Refunds = $1.4 million in 2011-12; projected $1.8 million in 2012-13.

  12. Academic Scholars • Institutions can choose whether or not to select a freshmen nonresident student for an Academic Scholars award.

  13. Oklahoma’s Promise Is it “Sustainable”?

  14. Legislation in recent years • Endowed chairs program (2008) • National Board Certified Teachers • OKPromise bills (considered) • Lower the second income limit to $75,000 • Provide a reduced award based on the second family income check (Under $50k = 100%; over $90k = 50%)

  15. Oklahoma Legislative Context

  16. Adults with Bachelor’s Degree or Higher (2010) Source: U.S. Census Bureau, 2010 American Community Survey.

  17. Complete College America • Governor Fallin initiative announced in September 2011 • Increase number of degrees and certificates awarded by 67% by 2023

  18. Bachelor Degree Attainment by Age 24, by Family Income, 2010 >$99k $62-99k $33-62k <$33k Source: Postsecondary Education OPPORTUNITY, Number 235, January 2012, www.postsecondary.org.

  19. Oklahoma Family Incomes%’s Under $50,000, $75,000 & $100,000 $100,000 $75,000 Source: US Census Bureau, 2000 Census, American Community Survey-2001-2010

  20. OKPromise High School Enrollment(By High School Graduation Year) $50,000 $32,000 $24,000 As of 7-6-12

  21. High School Requirement Completion Rates $32,000 $50,000 $24,000 As of 12-20-11

  22. High School Students Completing OKPromise Requirements(by Grad Year) $50,000 $32,000 $24,000 As of 12-20-11

  23. Ethnicity – 2011 HS Completers

  24. Gender TrendsOKPromise High School Grads, 2001-2011 OK H.S. Seniors: 50% Female, 50% Male Female Male

  25. Geographic Distribution Trends OKPromise High School Grads, 1999-2011 “Urban” is defined as the 5 most populous counties – Oklahoma, Tulsa, Cleveland Canadian, and Comanche.

  26. U.S. Grant High School - OKC

  27. Douglass H.S. - OKC Updated 9-1-11

  28. Foster Care Students - DHS As of 9-2-11

  29. High School GPA’s

  30. Students Earning High School GPA’s Between 2.50-2.99

  31. Gates Foundation2012 Millennium Scholars • It appears that about 37 of 53 Gates Foundation Millennium Scholars named in Oklahoma in 2012 are OKPromise students. (Based on Tulsa World article, 7/2/12)

  32. Break Time

  33. College-Going Rates Compared to All Oklahoma HS Graduates

  34. College Remediation Rates

  35. Where Do OK Promise Students Attend College?

  36. Full-Time College Enrollment First-time entering students enrolled in 12 hours or more per fall or spring semester

  37. College Freshman – GPA of at least 2.0 Percentages calculated based on students with GPA reported to UDS.

  38. Degree Completion Rates(Degrees earned through 2010-11)

  39. OKPromise Graduates Employment(Employed in Oklahoma between April 2009 and June 2010)

  40. Oklahoma’s Promise • ACE High School Graduation Requirements for Public Schools • End of Instruction (EOI) Tests • Eligibility for OKPromise, OTAG and Federal Aid • ? % disqualified

  41. Oklahoma’s Promise • Second family income check • 2012 high school graduates • $100,000 federal AGI • at time student begins college

  42. 2010 OKPromise HS Grads • 5,431 received award in 2010-11 • 5,156 (95%) completed FAFSA • 98 (2%) reported AGI over $100,000

  43. Oklahoma’s Promise • Satisfactory Academic Progress (SAP) requirements for all recipients in 20012-13. • Possibly 3% of all OKPromise students will be disqualified based on 2011 institutional survey

  44. Oklahoma’s Promise • College GPA requirements for 2012 freshmen • 2.0 GPA for courses taken through the sophomore year (possibly 10% disqualified) • 2.5 for courses taken as a junior and thereafter (possibly 18% disqualified)

  45. 2009-10 OKPromiseCollege Junior GPA’s Average GPA: 3.04

  46. Scholarship Recipients As of 12-20-11. Assumes 1% annual increases in OK Promise high school enrollment and 65% completion rate of high school requirements for scholarship eligibility.

  47. Scholarship Expenditures(In $ millions, by fiscal year) Projected Actual As of 12-20-11

  48. Oklahoma’s Promise • “Heroes Promise” for children of military personnel killed in the line of duty after January 1, 2000.

  49. Summary Points • Oklahoma has been very supportive of its state student financial aid programs. • Programs will need to demonstrate measurable value. • There will be increased scrutiny of program expenditures.

  50. Questions?

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