State Update: Is there a four-leaf clover in Missouri’s future?
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Transcript of State Update: Is there a four-leaf clover in Missouri’s future?
State Update:
Is there a four-leaf clover in Missouri’s future?
Today’s Agenda
• Missouri legislative and budget news for higher education
• State aid programs
• College Access Challenge Grant
• FFELP parent PLUS auction and LLR for PLUS
• MDHE: Improving access to higher education in Missouri
• MDHE survey
Missouri Legislative and Budget News
Budget Update
• HB 3• Possible transfer of SFA programs to the MDHE• Federal stimulus
Big Issues
• Access Missouri award adjustments– HB 792 and SB 390
• Missouri Promise– HB 903 and SB 558
• Immigration– HB 390
Other Bills to Watch
• Bills adjusting the term “combat veteran” in the Missouri Returning Heroes’ Education Act of 2008– HB 627 (Rep. Schaaf, R-St. Joseph) extends eligibility to
combat veterans serving prior to September 11, 2001• Hasn’t been heard by committee
– HB 738 (Rep. Schaaf, R-St. Joseph) extends eligibility to veterans who meet institutional requirements for Missouri residency
• Hasn’t been heard by committee
• HB 666 (Rep. Witte, D-Vandalia)– Would give military dependents eligibility for in-state tuition
at Missouri’s public postsecondary institutions• Hasn’t been heard by committee
Missouri Bills to Watch
• HB 631 (Rep. Jones, R-Eureka)– Would adjust the Missouri Teaching Fellows Program to
allow people who have just received their teaching certificates to sign up for the program
• Currently students must sign up for the program their senior year of high school
– Would allow students to start receiving up to $5,000 in annual stipend payments as early as 2011
– Has been voted out of committee
Don’t Miss Legislative News!
• Subscribe to the MDHE’s weekly Legislative News– Email [email protected]
State Aid News and
Updates
State Aid Programs FY 09 Status
• Bright Flight– $16.3 M appropriated/$15.7 M available for awards– 8,245 students funded– $15.6 M dollars awarded– AY 2009-2010 approval letters mailed this week
• Access Missouri– $95.8 M appropriated/$92.7 M available for awards– 42,693 students funded– $89.2 M dollars awarded
State Aid Program Data
• Bright Flight– FY 2008 – 2,513 initial; 6,316 renewal– FY 2009 – 1,786 initial; 6,459 renewal– FY 2010 – 8,000 projected (6% initial growth)
• Access Missouri (FY 2009)– 60% Pell eligible– $4,063 average EFC/$41,234 average AGI– 40% first generation college students
FAMOUS
• School Interface Conversion– Planning and development complete– Testing phase in process– Projected implementation – Summer 2009– Training
• Updated user manual• Planning for Webinar-based training• Fall workshops
State Aid Rule Changes
• Survivor grants and Ross-Barnett– Public comment begins April 1– Projected effective date – 8/30/2009
• Residency rule still in process
• Previous rule changes– All programs
• Added disability language (full-time)• Unified institutional eligibility rule• General reorganization/language revision
State Aid Rule Changes
• Previous Rule Changes (cont.)– Bright Flight
• Award amount adjustments• Clarify qualifying score language
– Other revisions• Disability status (PSO & VV)• Semester-based awards (PSO, VV, & MRB)• Clarified renewal GPA (MRB)• Added age/death limitations (VV)
– Additions/deletions
State Aid Changes
• Bright Flight 2011 Tiered Eligibility– Implemented – Fall 2010– Displayed in FAMOUS – January 2010– Minimum Scores Announced – August 2009
• Kid’s Chance Implementation– FAFSA by April 30– Apply to Kid’s Chance of Missouri by April 30– Applications available from–
• www.kidschance.org• High school counselor
College Access Challenge Grant
• High school financial literacy materials– Currently under development– Broad-based, multi-use
• “Sub-grant” program– 15 completed proposals– Review team of secondary & postsecondary reps.– Review complete by mid-April– Awards in May
• Website enhancements
Federal and Industry News Impacting the MDHE
Competitive Loan Auction Pilot Program
• Federal Registers published March 2 and March 3– Parent PLUS Lender of Last Resort (LLR) for new parent
borrowers beginning July 1, 2009• MDHE would NOT administer but would guarantee these loans
• See: the March issue of the Digest
President Obama’s Budget Proposal
• Released February 26 for FY2010– Would establish $5,550 as the new base appropriation for
Pell and the maximum award for 2010-2011
– Eliminate FFELP– Permanently establish the $2,500 American Opportunity Tax
Credit– Modernize the Perkins Loan program
• Would no longer be “campus-based”• Funding would be increased
• See: the March issue of the Digest
MDHE Outreach Activities
For 2007-08 and 2008-09
The MDHE’s Mission
To deliver an affordable, quality, coordinated postsecondary education system and increase successful participation [in higher education],
benefitting all Missourians.
MDHE Outreach Activities
• In accordance with its mission, the MDHE has focused heavily on outreach in recent years
• Outreach services include:– College fairs
– Financial aid workshops for high school students and their parents
– High school counselor workshops
– Presentations to community groups
– Sponsorship of College Goal Sunday
These activities are funded by the MDHE’s role as a FFELP guarantor
Increased Activities This Year
2007-08• Total speaking requests
= 51
• Workshops actually conducted = 36 (70.6%)
• Total audiences reached = 1,737
2008-09 (YTD)• Total speaking requests = 85
– Increase of 66.7% over last year
• Workshops actually conducted = 76 (89.4%)
– Increase of 111.1%
• Total audiences reached = 3,158 (YTD through 3/04/2009)
– Increase of 81.8%
Audiences Reachedthrough speakers bureau requests
Publication Updates
• Materials distributed– Just under 200,000 pieces distributed 2007-08
– YTD 2008-09, distributed 320,045 pieces through 2/24/2009
• Increase of approximately 60% over last year (so far)
• 2009-2010 publications all receiving a facelift– 9 new student models from 5 different Missouri institutions
FAO Survey Underway
• Surveys mailed before the conference– Return completed surveys to the MDHE’s exhibit booth to
receive a small thank-you surprise
– Post conference, completed surveys may be:• Returned to your MDHE client service representative
OR
• Faxed to 573-751-6635
• Surveys are anonymous and will be used to guide future MDHE services
Questions or comments?3515 Amazonas Drive
Jefferson City, MO 651O9
(8OO) 473-6757
(573) 751-3940
Fax (573) 751-6635
www.dhe.mo.gov