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Scholarship and Grant Workshop July 11, 2012. State Funding (in $ millions). State Financial Aid as % of State Higher Education Funding. Two new programs since 2000. Oklahoma Tuition Equalization Grant (2004-05; $3.4 million) Concurrent Enrollment Tuition Waiver (2006-07; $2.7 million).
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Scholarship and Grant Workshop July 11, 2012
Two new programs since 2000 • Oklahoma Tuition Equalization Grant (2004-05; $3.4 million) • Concurrent Enrollment Tuition Waiver (2006-07; $2.7 million)
OTAG – Oklahoma Tuition Aid Grant • State Funding • Loss of federal LEAP/SLEAP matching funds • Adult students
Academic Scholars • Limit on funding for nonresident participants lowered from 25% to 20% effective 2012-13. • Institutions over the limit must pay refunds. • Refunds = $1.4 million in 2011-12; projected $1.8 million in 2012-13.
Academic Scholars • Institutions can choose whether or not to select a freshmen nonresident student for an Academic Scholars award.
Oklahoma’s Promise Is it “Sustainable”?
Legislation in recent years • Endowed chairs program (2008) • National Board Certified Teachers • OKPromise bills (considered) • Lower the second income limit to $75,000 • Provide a reduced award based on the second family income check (Under $50k = 100%; over $90k = 50%)
Adults with Bachelor’s Degree or Higher (2010) Source: U.S. Census Bureau, 2010 American Community Survey.
Complete College America • Governor Fallin initiative announced in September 2011 • Increase number of degrees and certificates awarded by 67% by 2023
Bachelor Degree Attainment by Age 24, by Family Income, 2010 >$99k $62-99k $33-62k <$33k Source: Postsecondary Education OPPORTUNITY, Number 235, January 2012, www.postsecondary.org.
Oklahoma Family Incomes%’s Under $50,000, $75,000 & $100,000 $100,000 $75,000 Source: US Census Bureau, 2000 Census, American Community Survey-2001-2010
OKPromise High School Enrollment(By High School Graduation Year) $50,000 $32,000 $24,000 As of 7-6-12
High School Requirement Completion Rates $32,000 $50,000 $24,000 As of 12-20-11
High School Students Completing OKPromise Requirements(by Grad Year) $50,000 $32,000 $24,000 As of 12-20-11
Gender TrendsOKPromise High School Grads, 2001-2011 OK H.S. Seniors: 50% Female, 50% Male Female Male
Geographic Distribution Trends OKPromise High School Grads, 1999-2011 “Urban” is defined as the 5 most populous counties – Oklahoma, Tulsa, Cleveland Canadian, and Comanche.
Douglass H.S. - OKC Updated 9-1-11
Foster Care Students - DHS As of 9-2-11
Gates Foundation2012 Millennium Scholars • It appears that about 37 of 53 Gates Foundation Millennium Scholars named in Oklahoma in 2012 are OKPromise students. (Based on Tulsa World article, 7/2/12)
Full-Time College Enrollment First-time entering students enrolled in 12 hours or more per fall or spring semester
College Freshman – GPA of at least 2.0 Percentages calculated based on students with GPA reported to UDS.
OKPromise Graduates Employment(Employed in Oklahoma between April 2009 and June 2010)
Oklahoma’s Promise • ACE High School Graduation Requirements for Public Schools • End of Instruction (EOI) Tests • Eligibility for OKPromise, OTAG and Federal Aid • ? % disqualified
Oklahoma’s Promise • Second family income check • 2012 high school graduates • $100,000 federal AGI • at time student begins college
2010 OKPromise HS Grads • 5,431 received award in 2010-11 • 5,156 (95%) completed FAFSA • 98 (2%) reported AGI over $100,000
Oklahoma’s Promise • Satisfactory Academic Progress (SAP) requirements for all recipients in 20012-13. • Possibly 3% of all OKPromise students will be disqualified based on 2011 institutional survey
Oklahoma’s Promise • College GPA requirements for 2012 freshmen • 2.0 GPA for courses taken through the sophomore year (possibly 10% disqualified) • 2.5 for courses taken as a junior and thereafter (possibly 18% disqualified)
2009-10 OKPromiseCollege Junior GPA’s Average GPA: 3.04
Scholarship Recipients As of 12-20-11. Assumes 1% annual increases in OK Promise high school enrollment and 65% completion rate of high school requirements for scholarship eligibility.
Scholarship Expenditures(In $ millions, by fiscal year) Projected Actual As of 12-20-11
Oklahoma’s Promise • “Heroes Promise” for children of military personnel killed in the line of duty after January 1, 2000.
Summary Points • Oklahoma has been very supportive of its state student financial aid programs. • Programs will need to demonstrate measurable value. • There will be increased scrutiny of program expenditures.