STATE

UPD

ATE

BUREAU OF

STATE

AND A

UTHORIT

Y FIN

ANCE (BSAF)

MSFAA C

ONFERENCE 2

012

2012-13 B

UDGET

STUDENT

SCHOLARSHIP

S AND G

RANTS

DIVIS

ION

SSG PROGRAMS 2012-13 BUDGET

Program Funding

Competitive Scholarships $18,361,700

Tuition Grant $31,664,700

Tuition Incentive Program $43,800,000

Children of Veterans and Survivors Tuition Grants $ 1,200,000

GEAR UP Michigan and CD $ 3,200,000

TOTAL $98,226,400

Program FY11 FY12 FY13

Michigan Competitive Scholarship

$19,709,869 $18,361,700 $18,361,700

Michigan Tuition Grant

31,664,700 31,664,700 $31,664,700

Tuition Incentive Program

37,400,000 43,800,000 $43,800,000

Children of Veterans Tuition Grant and Survivors Tuition Grant

1,200,000 1,200,000 1,200,000

Robert C. Byrd Scholarship

1,372,500 207,753 Eliminated

GEAR UP 1,500,000 1,500,000 3,200,000

TOTAL $92,847,069 $96,734,153 $98,226,400

Historical Funding

$-

$50,000,000

$100,000,000

$150,000,000

$200,000,000

$250,000,000

$300,000,000

FY 2006 FY 2007 FY 2008 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013

Academic Years

Ap

pro

pri

atio

n

Totals

Michigan ranked #8 in the order of funding student aid programs in 2010-11.

Midwest Association of Student Financial Aid Administrators – MASFAA (Source

NASSGAP)

LEGISLATIVE DIRECTIVES

The 2013-14 appropriations are anticipated to be the same as those for fiscal year 2012-13.

NEW! Community colleges and public universities must meet certain criteria of cooperation with the state to develop, operate, and maintain the statewide P-20 education longitudinal data system.

LEGISLATIVE DIRECTIVES

Public universities shall provide a dashboard or report card demonstrating the universities performance in several “best practice” measures.

This includes:

1. Enrollment

2. Student Retention Rate

3. Six-year Graduation Rates

4. Number of Pell Grant Recipients

5. Geographic Origination of Students, Categorized as In-state, Out-of-state, and International

LEGISLATIVE DIRECTIVES

And . . .

6. Faculty to student ratios and total university employee to student ratios.

7. Teaching load by faculty classification.

8. Graduation outcome rates, including employment and continuing education.

SSG is tasked with identifying how some of these items relate to state aid programs. We will work collaboratively with you. SSG has a student intern that will be sending you a survey.

LEGISLATIVE DIRECTIVES

NEW for MTG: SSG must project the year-end appropriation balance at the time of initial awards.

Expect an increased number of program reviews.

Change for MTG: SSG’s reporting dates for fund status evaluation have been pushed back from February 1 to February 28 and notification to students of pending reduction to March 4 of each year.

Change for MTG, MCS and TIP: Payments will be made quarterly at 50%, 30%, 10%, and 10%.

LEGISLATIVE DIRECTIVES

NEW for TIP: Be less than 20 at the time he or she graduates from high school with a diploma or certificate of completion or completes his or her GED.

New for TIP: As used in this subdivision, “incarcerated” does not include detention of a juvenile in a state operated or privately operated juvenile detention facility.

SSG POLIC

IES

CHANGES AND C

LARIFI

CATIO

NS

NEW SSG POLICIES

For MCS, MTG, and TIP:

Students are eligible if they have a high school diploma, GED, or certificate of completion.

Legislation for Michigan programs does not require a high school diploma.

CEPI 2010-11 GRAD/DROP OUT Rate

<5%

13.22%

11.13%

74.33%

2010-11 GRADUATION/DROP-OUT RATE

SSG PROGRAM PAYMENT SCHEDULE

The schedule for 2012-13 is now on our Web site. Changes include:

For MCS and MTG, the deadlines for reporting your third quarter enrollments will be moved up.

Verifications typically due in mid-May will be due May 1st.

MCS and MTG programs must be balanced with SSG by July 31st as opposed to September.

NEW DUAL ENROLLMENT PROGRAM

Appropriation is $10 million dollars.

The Department of Treasury will make payment to higher education institutions for qualified dual enrollments.

Public Acts 131,132,133, and 134 amend prior legislation regarding eligibility and number of courses.

Various agencies are investigating how many students may enroll.

SSG OUTREACH SERVICES FOR HIGH SCHOOLS

Recently certain services went to MDE in conjunction with the Michigan College Access Network grant (MCAN).

SSG is working to save these important services:• Michigan Postsecondary Admissions and Financial Aid Handbook.• High School Counselors Workshop (HSCW).• Paying For College Booklet

SSG – NEW FINANCIAL AID SYSTEM

Features to make things easier for you:

Ability to see all program awards per individual student.

Condensed files.

Auto save response with no naming convention.

Auto response that confirms file status.

Canned reports.

Citizenship locked once confirmed.

Ability to view multiple academic years at one time.

Ability to look up TIP students to see how many credits are left.

Ability to enter bills online.

Specific portals for different user groups.

BSAF – N

EW W

EB SIT

E

PAYIN

G FOR C

OLLEG

E

WW

W.M

ICHIG

AN.GOV/M

ISTU

DENTA

ID

STUDENT

LOANS D

IVIS

ION

MICHIG

AN GUARANTY

AGENCY-

MGA

MICHIG

AN FIN

ANCE AUTH

ORITY

STUDENT

LOAN P

ROGRAMS – MFA

-SLP

MGA

As a Sponsoring Guarantor, the Michigan Guaranty Agency makes it possible for all Michigan schools to utilize as a member the counseling and other services offered by Mapping Your Future. A handout containing details has been placed on each table.

MFA-SLP

The Michigan Higher Education Student Loan Authority (MHESLA) is now known as MFA-Student Loan Programs (MFA-SLP). MFA-SLP’s lender code remains 825585.

The toll-free telephone number remains 888-643-7521.

The NEW e-mail is: slp@michigan.gov.

Both the Web URLs remain the same:

www.mistudentloans.com and www.miloanprogram.com

Questions?