NeASFAA Conference State Update J. Ritchie Morrow CCPE Financial Aid Coordinator Friday, April 11, 2014

Pell Grant Summary April 11, 2014 Coordinating Commission for Postsecondary Education 2

April 11, 2014 Coordinating Commission for Postsecondary Education 3

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NOG Summary April 11, 2014 Coordinating Commission for Postsecondary Education 5

NOG Info $15,185,498 awarded 15,757 students received a Nebraska Opportunity Grant Average Grant - $ April 11, 2014 Coordinating Commission for Postsecondary Education 6

April 11, 2014 Coordinating Commission for Postsecondary Education 7

April 11, 2014 Coordinating Commission for Postsecondary Education 8

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April 11, 2014 Sector# and % of Eligible Students# and % of NOG Recipients % of Elig who Received NOG $ and % of NOG Awarded Average NOG Award University of Nebraska (5) 12,5743, % $6,633,642 $1, %23.0%43.7% State Colleges (3) 2, % $985,819 $ %6.3%6.5% Community Colleges (6) 29,1886, % $2,667,857 $ %40.9%17.6% Private Career Schools (11) 3,8101, % $1,882,075 $1, %10.5%12.4% Independent Colleges & Universities (16) 7,2483, % $3,016,105 $ %19.3%19.9% Total 55,53415, % $15,185,498 $ % Coordinating Commission for Postsecondary Education 10

April 11, 2014 Coordinating Commission for Postsecondary Education 11

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NOG Summary Questions? April 11, 2014 Coordinating Commission for Postsecondary Education 13

NOG Applications due April 25, 2014 Maximums – Grant Amount - $3,987 – EFC – 5,672 April 11, 2014 Coordinating Commission for Postsecondary Education 14

Legislative Update Committee – LB162 – establish process for reverse transfer – LB334 – Increase state funding for NOG – LB400 – increase funding for CC to $13M – LB465 – Create College Choice Grant – LB480 – Create NE Career Tech Ed Grant – LB491 – Change NOG allocation formula – LB651 – Eliminate property tax funding for Community Colleges April 11, 2014 Coordinating Commission for Postsecondary Education 15

Legislative Update Committee – LB754 – provide funds for career ed programs – LB787 – provide income tax deduction for grad students – LB1055 – vets and military receive 15-hour waiver at public insitutions – LB1061 – Board of Governors would be appointed – LB1077 – Shared Responsibility for Access and Success Act April 11, 2014 Coordinating Commission for Postsecondary Education 16

Legislative Update Signed by Governor – LB740 – residency requirements for vets and family members at public institutions – LB835 – extend ACT pilot project for two years – LB1069 – allow Nebraska to enter SARA April 11, 2014 Coordinating Commission for Postsecondary Education 17

Legislative Update – LB1103 Strategic planning for education – Will include review of financial aid programs – Ends transfer of lottery funds to NOG on June 30, 2016 April 11, 2014 Coordinating Commission for Postsecondary Education 18

Legislative Update Questions? April 11, 2014 Coordinating Commission for Postsecondary Education 19