State Update: Is there a four-leaf clover in Missouri’s future?

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State Update: Is there a four-leaf clover in Missouri’s future?

Transcript of State Update: Is there a four-leaf clover in Missouri’s future?

Page 1: State Update: Is there a four-leaf clover in Missouri’s future?

State Update:

Is there a four-leaf clover in Missouri’s future?

Page 2: 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

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Missouri Legislative and Budget News

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Budget Update

• HB 3• Possible transfer of SFA programs to the MDHE• Federal stimulus

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Big Issues

• Access Missouri award adjustments– HB 792 and SB 390

• Missouri Promise– HB 903 and SB 558

• Immigration– HB 390

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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

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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

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Don’t Miss Legislative News!

• Subscribe to the MDHE’s weekly Legislative News– Email [email protected]

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State Aid News and

Updates

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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

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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

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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

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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

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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

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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

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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

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Federal and Industry News Impacting the MDHE

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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

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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

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MDHE Outreach Activities

For 2007-08 and 2008-09

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The MDHE’s Mission

To deliver an affordable, quality, coordinated postsecondary education system and increase successful participation [in higher education],

benefitting all Missourians.

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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

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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%

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Audiences Reachedthrough speakers bureau requests

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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

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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

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Questions or comments?3515 Amazonas Drive

Jefferson City, MO 651O9

(8OO) 473-6757

(573) 751-3940

Fax (573) 751-6635

[email protected]

www.dhe.mo.gov