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Ways to allocate MAP grants. “ISAC shall convene a task force to deliberate options for the adoption of new rules for MAP, with the goal of improving the outcomes for students who receive these awards…”
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Ways to allocate MAP grants • “ISAC shall convene a task force to deliberate options for the adoption of new rules for MAP, with the goal of improving the outcomes for students who receive these awards…” • The resolution explicitly specified some ways to improve student outcomes that the task force should consider: (1) improving partnerships between state and institutions in delivering both financial assistance and academic support to MAP recipients; and (2) improving the effectiveness of MAP grants in enhancing program completion. These changes should not impede each institution’s special mission.
Concepts to be considered mentioned in Resolution • Basing institutional eligibility for MAP grants, in part, on an institution’s ability to improve its MAP-grant students’ progress towards a degree or its MAP-grant degree completion rate • Basing a student’s eligibility for a MAP grant, in part, on the student’s ability to demonstrate that he or she is achieving academic success and making progress • Basing institutional eligibility for MAP grants, in part, on an institution’s ability to demonstrate that it is a partner with this state and the institution is providing financial aid to students from its own resources
Caveats • With no new funding; reallocation is a zero sum game. There will be winners and losers. • MAP “efficiency” is illusive and means different things to different analysts. • The other important constraint is the tension between access and completion. Focusing solely on completion can actually be inefficient if the result is to direct funds primarily to better prepared, higher income students who might have found a way to graduate without the funds. MAP dollars are efficient if they change behavior.
Reallocation is a Two Step Process • First, find some funds by taking dollars away from some students • Should enhance the goals • Then, redistribute the dollars to improve outcomes • Alter the coverage of the grant • Expand or contract access • Change the focus of the grant
The scenarios • Show how the process works • Is a place to get started • Stimulate ideas from you
Limits to our model • Calculated off-line: • Number of students in remedial classes • Summer MAP • School eligibility requirements such as CDRs, Graduation Rates, etc. (RM proprosal) • Campus based programs
MAP Formula • Costs – Resources = Max Eligibility • Costs = T & mandatory F + living allowance • Resources = Adj EFC + 80% Pell • Award determined by lowest of max eligibility, T&F, or max award • EFC cap • Self-help • Reduction factor