The National Student Clearinghouse Is Growing! Is your institution Reaping All of the Benefits?

1. The National Student Clearinghouse Is Growing! Is your institution Reaping All of the Benefits? Alabama AIR April 3-4, 2008 Dr. Jerry D. Smith Regional Director, South Central Region

2. Clearinghouse Background • Created in 1993 as National Student Loan Clearinghouse -- an independent non-profit corporation. • In 1999 name changed to National Student Clearinghouse to emphasize services existing beyond student loans. • Managed by a 17-member Board, broadly representing higher education and financial aid providers. • Advised by Clearinghouse Advisory Committee, a 15-member group of college and university Registrars, Financial Aid, Admissions and Institutional Research executives.

3. Mission Statement The mission of the National Student Clearinghouse is to facilitate the exchange and understanding of student enrollment, performance, and related information in support of the education community.

5. Health Insurers Employers The Big Picture Student Lenders & Loan Servicers High Schools NSLDS Graduate Law/Medical Auto Insurers State Guarantee Agencies 4-yr Colleges NSC Credit Card Providers Executive Search Firms 2-yr Colleges Legal Medical Professional Student Programs Background Screening Firms Apartment Managers Certification Programs Auto Finance Tenant Screening Local State/Fed Government

6. Core School Participation # Schools 3,120 Schools 2007 Clearinghouse member schools represent 91% of the nation’s college enrollment As of December 31, 2007

7. Core Service Why report data to the Clearinghouse? • To provide verification of current student status to student lenders, loan servicers, guarantee agencies and the U.S. Department of Education

8. Why is enrollment data important? • Compliance with Federal regulations • Protection of student’s right to deferment of loan payment • Notification of lenders when borrower has ceased to be enrolled at least half-time • Determination of borrower’s grace period • Correction of apparent delinquencies that could result in technical defaults

9. When are files sent? • Required • First of term/Census date • Mid-term • End of term • Graduates (Not needed w/Degree Verify) • Recommended • Summer Session • Early Registration • Now recommending monthly

10. How does it work? The Clearinghouse has two databases: • Student enrollments supplied by schools at least 3 times/term. • Loan recipients supplied by lenders & guarantee agencies. • Each week a match is run between the two databases. • An enrollment status report is sent to the lenders and guarantee agencies.

11. How does it work? SSCR Processing • CH sets school SSCR schedule based on school submission schedule. • SSCRs come to Clearinghouse instead of schools. • Clearinghouse responds to NSLDS.

12. How does it work? SSCR Processing • NSLDS reports to guarantee agencies. • Guarantee agencies report to lenders and servicers.

13. How does it work? Direct Notifications • CH reports to Direct Loan Servicer. • CH reports directly to lenders, guarantors, and servicers. • CH reports directly to participating Perkins & alternative/private loan holders.

14. Benefits • No charge to institutions. • Clearinghouse does SSCRs. • Schools send paper deferment forms to Clearinghouse for processing.

15. New Data Elements Current Major/CIP Code Institutional ID (multiple) Middle Name (if available) Class Standing (Freshman, Sophomore, etc.) High School Code (SAT/ACT Combined list) First Time/Full Time Student* Degree Seeking* Gender* Race/Ethnicity* Good Student Discount Institutional Email Address *Aggregate Reporting Only

16. New Benefit/Service • A Clearinghouse Audit Assistance team has been formed to assist with federal audit issues and questions.

17. Additional Services No cost to institution • Enrollment Verify • Degree Verify • Transcript Ordering • Loan Locator • Student Self Service • Audit Resource Team

18. Additional Services Fee based • Student Tracker -- Colleges • Student Tracker -- Outreach (TRIO, McNair, Upward Bound) • Student Tracker -- High Schools and/or Districts

19. Privacy & Security How do I know my data are safe with the Clearinghouse?

20. Privacy & Security • Electronic Security Measures • Secure Web Site Access • FTP and File Transfers • PGP encryption • Compliance Audits • Security Audits • No data on laptops

21. EnrollmentVerify • Verification of current student status to health insurers, credit card companies, housing providers, and other providers of student-based services. Included in core service

22. EnrollmentVerify Participation # Schools 2,174 Schools As of December 31, 2007

23. DegreeVerify • Verification of academic credentials to employers, background screening firms, executive recruiters and others.

24. Degree Verify Benefits • Expanded service for alumni • Combat credentials fraud • Reduce staff interruptions • Ease burden/cost for employers • Potential source of revenue

25. Total DegreeVerify Participation # Schools More than 1,400 schools participate in DegreeVerify, representing 67% of all US college degrees As of December 31, 2007

26. How does it work? • Send one-time historical degree file of all degrees awarded from database. • Send periodic updates each term that degrees are awarded. • Update old records as needed on-line (e.g. from paper, microfilm).

27. SSN* Name* Birth Date* Degree Title* Date awarded* Major(s)* Minor(s) Division awarding degree Concentration(s) Specialization(s) Honors FERPA Block Indicator* Financial Block Indicator* Degree Verification Data Collected *Required

28. Top 20 Commercial Verifiers CHOICEPOINT, INC HIRERIGHT, INC. VERIFICATIONS, INC. STERLING TESTING SYSTEMS FIRST ADVANTAGE ADP SCREENING AND SELECTION SERVICES KROLL BACKGROUND AMERICA VERTICAL SCREEN, INC. USIS - COMMERCIAL SERVICES DIVISION GENERAL INFORMATION SERVICES, INC. CARCO GROUP ACXIOM INFORMATION SECURITY SERVICES AMERICAN BACKGROUND, INC. PRECHECK, INC VERIFIED CREDENTIALS, INC LEXISNEXIS RISK MANAGEMENT, INC. INFOMART VANELLA, INC. YALE ASSOCIATES, INC. A-CHECK AMERICA As of December 31, 2007

29. Additional Features Degree Verify Schools are also entitled to… • Free student self-service enrollment verifications. • Receipt of degree/graduation data on Student Tracker inquiries. • Free verification services for school human resources department.

30. Student Self Service Institutions simply insert a link from their secure student portal to our self-service Web site*. Students can: • View enrollment histories and enrollment verifications sent to student service providers. • Print proof of enrollment certificates to provide to these organizations themselves • View deferments sent to their lenders, as well as link to information on their student loans. *Available to Degree Verify schools

31. Student Tracker • Educational research and analysis tool that puts the Clearinghouse database at your fingertips.

32. StudentTracker A cost effective way to replace survey and anecdotal information with documented enrollment and degree data

33. How StudentTracker Works 1. You submit a file of the student cohorts you want to study 2. We run your file against our national student record database 3. Matches are compiled in a StudentTracker report Instant queries for individual students can be performed via the Web 4. We will email you when your report is ready for you to retrieve from your Clearinghouse secure FTP account

34. StudentTracker Query Types Institutional Research • Identify important enrollment trends and patterns • Track concurrent enrollment of your students • Determine cohort graduation rates • Fulfill federal reporting requirements • Verify and correct cohort default rates

35. StudentTracker Query Types Admissions • Learn who is competing with you for students • Improve your ability to target, select and retain students • Verify prior enrollments for transfer applicants • Validate your graduate school placement rate

36. StudentTracker Query Types Financial Aid • Track graduated/transferred Perkins borrowers • Verify parent/sibling enrollments • Support mid year transfer monitoring process • Determine who holds students’ loans (web)

37. Providing Unit Data For those who transfer out: • Are majors equally represented? • Are GPA’s evenly distributed? • Is there unequal gender representation? • What about ethnic groups?

38. Providing Unit Data For those who transfer out: • Are class standings evenly distributed? • Do socio-economic factors tell us anything? • Are non-residents transferring out of state? • Do transfer-outs graduate elsewhere?

39. Response File The Clearinghouse returns . . . • Summary Report • Contains totals of students enrolled by institution • Unit Record File • Contains individual student records (except FERPA blocked records)

40. University of Washington Tracking applicants who don’t enroll Fall 2001 11,523 offered admission 5,382 enrolled 6,141 went to other institutions Where did they go instead? NSC data showed that no one college was their competitor

41. Increase Matching Rate State System to a National System Unit Maryland State Data Only Aggregate NSC Data Only Prince George’s Community College Measured transfer-out rate for 1996 cohort of first-time freshmen, comparing results using Maryland state data sharing arrangement and Clearinghouse 10.8% Transfer-Out Rate 30.8% 0% 10% 20% 30% 40% 9/29/2014 42

42. 117.6% increase Broome & Cayuga Community Colleges Using StudentTracker more than doubled number of transfer students accounted for by schools 115.8% increase

43. Cal State Long Beach 9/29/2014 44

44. Brigham Young University There were 960 students concurrently enrolled at BYU and another institution during fall or winter semesters of 2001-02. 96 different schools were represented.

45. City Colleges of Chicago Reverse and Horizontal Transfers Transfer-In students: State and Institution Type IL = Illinois OOS = Out of State N=8139 26% of enrollment had prior college experience.

46. Western Michigan University

47. StudentTracker Fees • There are three options: • Pay an annual fee equal to their school's enrollment times 10¢, payable in advance (minimum fee is $300) • Reduce the fee by 50% (pay 5¢ times their school’s enrollment or a $150 minimum) by: • Participating in DegreeVerify, EnrollmentVerify and Referring, OR • Reporting additional data elements • Get StudentTracker for FREE by: • Participating in DegreeVerify, EnrollmentVerify and Referring,AND • Reporting additional data elements

48. Most common uses Student Tracker • Non-enrolling applicants • Discontinuations • Graduates • Prior college enrollments

49. StudentTracker Fee Reduction

50. New Data Elements Minimum Participation Requirements: Current Major/CIP Code Institutional ID Middle Name Class Standing