AHECB Meeting January 30, 2015

Chandra Robinson Program Coordinator, Institutional Finance Agenda item no. 9: Economic Feasibility of BonD ISSUE for NORTHWEST COMMUNITY COLLEGE

Relevant Information $18.4 million for 15 years @ a rate not to exceed 3.75% Auxiliary purposes Revenue Funding Source: Millage Revenue Proceeds from the bond issue will be used to refinance district capital improvement bonds 1. What is the projected date the bonds will be sold? 2. Please provide a detailed description of the new facility facilities.  Please include the square feet, type of space that will make up the facility and location of the facility on the campus as well as any other relevant information.   3.  Will the bond issue include furnishings? 4. What is the projected start date and completion date for facility? 5.   Please list a few programs that will be housed in the facility. 6.   Are there any other sources of income being used for this project? (i.e. private gifts) 7.  What is the total project cost including all funding sources? Does this include all sources?

Chandra Robinson Program Coordinator, Institutional Finance Agenda item no. 10: Economic Feasibility of BOND ISSUE for SOUTHERN Arkansas UNIVERSITY

Relevant Information $10.0 million for 30 years @ a rate not to exceed 5.0% Educational and general purposes Revenue Funding Source: Tuition and Fee Revenue Proceeds will be used to refund previous bond issues and to construct and/or renovate facilities for the Engineering program and to make improvements in the Health, Kinesiology and Recreational facilities on the campus of Southern Arkansas University in Magnolia, Arkansas 1. What is the projected date the bonds will be sold? 2. Please provide a detailed description of the new facility facilities.  Please include the square feet, type of space that will make up the facility and location of the facility on the campus as well as any other relevant information.   3.  Will the bond issue include furnishings? 4. What is the projected start date and completion date for facility? 5.   Please list a few programs that will be housed in the facility. 6.   Are there any other sources of income being used for this project? (i.e. private gifts) 7.  What is the total project cost including all funding sources? Does this include all sources?

Chandra Robinson Program Coordinator, Institutional Finance Agenda item no. 11: Economic Feasibility of LOAN ISSUE for Arkansas STATE UNIVERSITY

Relevant Information $1.5 million for 10 years @ an annual interest rate of 0.0% Educational and general purposes Revenue Funding Source: Tuition and Fee Revenue Proceeds from the loan will be used to complete energy efficient upgrades of the cooling tower system at the Convocation Center and the energy control system of the Arkansas Biosciences Institute building 1. What is the projected date the bonds will be sold? 2. Please provide a detailed description of the new facility facilities.  Please include the square feet, type of space that will make up the facility and location of the facility on the campus as well as any other relevant information.   3.  Will the bond issue include furnishings? 4. What is the projected start date and completion date for facility? 5.   Please list a few programs that will be housed in the facility. 6.   Are there any other sources of income being used for this project? (i.e. private gifts) 7.  What is the total project cost including all funding sources? Does this include all sources?

Agenda item no. 12: Annual Financial Condition Report Tara Smith Senior Associate Director, Institutional Finance Agenda item no. 12: Annual Financial Condition Report

Introduction Report Purpose: Topics Addressed: Describe financial conditions of Arkansas’s Public Institutions of Higher Education Describe difficulties & challenges experienced by Arkansas’s Public Institutions of Higher Education Topics Addressed: Needs-Based Funding Formula Outcome-Centered Funding Comparison of Arkansas faculty salaries to other SREB states Tuition & Fees Fund Balances Institutional Scholarship expenditures Athletic Expenditures 1. What is the projected date the bonds will be sold? 2. Please provide a detailed description of the new facility facilities.  Please include the square feet, type of space that will make up the facility and location of the facility on the campus as well as any other relevant information.   3.  Will the bond issue include furnishings? 4. What is the projected start date and completion date for facility? 5.   Please list a few programs that will be housed in the facility. 6.   Are there any other sources of income being used for this project? (i.e. private gifts) 7.  What is the total project cost including all funding sources? Does this include all sources?

Comparison of Arkansas faculty salaries to other SREB states

Comparison of Arkansas faculty salaries to other SREB states

Comparison of Change in Funds per FTE Students to other SREB states - Universities

Comparison of Change in Funds per FTE Students to other SREB states - Colleges

Tuition and Fees 2014-15 Increases for Fiscal Year 2014-15: To offset flat and/or declining state support, institutions continue to implement several cost-savings initiatives to keep tuition increases at a minimum. Increases for Fiscal Year 2014-15: Four-year Institutions = 1-YR Average increase 4.3% Two-year Institutions = 1-YR Average increase 4.3% Latest available data from SREB (2010-11 to 2011-12) National Four-year Institution = 1-YR Average increase 6.3% SREB Four-year Institution = 1-YR Average increase 5.5% Arkansas Four-year Institution = 1-YR Average increase 5.5% National Two-year Institution = 1-YR Average increase 6.3% SREB Two-year Institution = 1-YR Average increase 6.9% Arkansas Two-year Institution = 1-YR Average increase 5.6%

Tuition Increases – 4 Year Institutions

Tuition Increases – 2 Year Institutions

Fund Balances – 2013-14 According to industry standards, optimal fund balances should range from 5% to 14% of the E & G operating budget. For 2013-14, only two 4-year institutions’ fund balances fell below 5%. For 2013-14, only two 2-year institution’s fund balance fell below 5%.

Fund Balances – 4-Year

Fund Balances – 2-Year

Institutional Scholarships – 2013-14 (Academic and Performance) A.C.A 6-80-106 set limitations on Institutional Scholarships from tuition and fees The limit is 20% of E&G tuition and fee revenue for 2013-14 15,673 scholarships were awarded at 4-Year Institutions at a cost of $55.6 million compared to 14,818 at a cost of $53.2 million the previous year Scholarships as a percent of tuition and fees were 8.9% compared to 9% the previous year

Institutional Scholarships

E & G Facilities Audit Program (FAP) 2014 Report Replacement Value = $5.4 billion Square Footage = 28,326,050 Deferred Maintenance = $2.5 billion Critical Maintenance = $165 million

Other Thoughts Outcome-Centered Funding Financial health of institutions

Recommendations It is recommended that the ADHE Director, the Institutional Finance staff and institutions’ presidents and chancellors continue to work together to bring all institutions to 75 percent of need. AHECB must continue to work with institutions in order to continue implementation of the outcome-centered funding models.

Lillian Williams Program Specialist, Academic Affairs Agenda item no. 13 RICH MOUNTAIN COMMUNITY COLLEGE: MONTGOMERY COUNTY CENTER

Introducing the Associates Degree for Occupational and Life Skills: A New Program at NWACC Arkansas Department of Higher Education Coordinating Board, January 30, 2015 Steven M. Gates, Ph.D. Senior Vice President for Learning & Provost

What is the Occupational and Life Skills Program (OLS)? Modeled after Bellevue College in Seattle, WA 14th Year of Delivery and Currently Serving 78 students Seeking partners to expand service across the nation Primary Audience Area students/citizens with cognitive disabilities who meet particular admissions standards Number of area citizens, Benton and Washington County with cognitive disabilities is 8,674 Number of adults in Arkansas with cognitive disabilities is 102,654 www.factfinder2.census.gov

What is the Occupational and Life Skills Program (OLS)? Continued Primary Goals To serve a segment of this population currently underserved: the “tweeners” To empower students to achieve a greater financial and social independence To provide an important link of support for the cognitive disabilities community Program Focus Through an accredited curriculum, participating students are taught hard and soft skills essential for life and work in preparation for employment and greater independence. A full Associates Degree, 60 credit hours delivered over 8 terms, 4 years Students progress in cohorts of 12-14 Students are not eligible for additional entitlements, i.e. special accommodations. All supports comes from within the program Rigorous preparation for capstone internship leading to employment 7.5 credit hours per term; eight, 16-week semesters (no summers)

What is the Occupational and Life Skills Program (OLS)? Continued Program Curriculum and Learning Outcomes Developing hard and soft skills to be an exceptional employee Building on one’s “dependable strengths” Learning workplace etiquette and intrapersonal communications Learning personal financial management skills Learning self-supporting skills for greater social and financial independence Building a personal career pathway Preparing for a 200 hour internship with an area employer Job development and matchmaking with the right employer

What is the Occupational and Life Skills Program (OLS)? Continued Program Delivery and Teaching Focus Focus on learning style, not disability “Scaffolded Learning” approach to teaching and learning Small classes, cohorts of 14 students per year moving in sequence Traditional classrooms and labs Easy access to classrooms, labs and program staff Slower pace to maximize learning and achieve retention

Student Audience General Admissions Score Common Disabilities A minimum of 72 on the standard IQ test Has completed High School (Diploma, GED, or Certificate of Completion) Common Disabilities Non-verbal learning disabilities (NVLD), generalized learning disabilities, ADHD, anxiety disorders, traumatic brain injury, sight impairment, Asperger’s and autism. Financial Aid Students will be eligible for financial aid according to federal financial aid criteria.  

Student Audience Continued Other Characteristics May have attempted, but was unsuccessful in the traditional college setting Has experience working or volunteering Has challenges with “soft” or “people” skills Is motivated to obtain a college education Can critically think and problem solve Participates in activities and conversations Makes personal decisions Technology savvy: word processing, internet and e-mail Communicates personal knowledge and opinion

Senior Vice President for Learning & Provost Next Steps Next Steps Hire a Director and Complete Training Begin Marketing/Recruiting and Admissions Plans First Year: Fall 2015 NWACC Pilot College for the Program, the first outside of Bellevue College Working with all interested colleges Thank you! Questions? Steven M. Gates, Ph.D. Senior Vice President for Learning & Provost

ACADEMIC COMMITTEE Consent Agenda Items AGENDA ITEM No ACADEMIC COMMITTEE Consent Agenda Items AGENDA ITEM No. 15: northwest arkansas community college Associate of Applied Science in construction technology AGENDA ITEM No. 16: university of arkansas at monticello master of jazz studies AGENDA ITEM No. 17: Henderson state University Bachelor of arts in innovative media AGENDA ITEM No. 18: university of arkansas community college at hope cerTIFICATES of proficiency and technical certificate in commercial and residential equipment maintenance and repair Agenda Item No. 19: Institutional Certification Advisory Committee (ICAC) Agenda Item No. 20 : Letters of Notification Agenda Item No 21: Letters of Intent

Shane Broadway Director Agency UPDATEs

Retirees Cynthia Moten Phil Axelroth Academic Affairs Financial Aid Last day, December 31, 2014 Cynthia Moten Academic Affairs Last day, January 30, 2015

Personnel Changes Steven Bell Financial Aid Program Specialist Relocated to North Carolina Brandi Hinkle Communications Coordinator Transferred to the Department of Human Services

Personnel Changes Ann Clemmer Senior Associate Director for Academic Programs Arkansas Department of Higher Education Shane Broadway Vice President for Governmental Relations Arkansas State University System

Institutional Leadership University of Arkansas At Monticello Jay Jones, Interim Chancellor Beginning July 1, 2015

Governor Hutchinson's State of the State Address Hutchinson said he believes his tax cut plan would benefit 500,000 Arkansas residents and make the state more competitive. He said the proposal would require some “savings” in state government, but that his budget would fully fund education. The governor says that, …the state needs to improve job training in high schools and two-year colleges, offer computer science in every high school …

Legislative Session

Important to Know Deadline for all categories – both spring and fall semester – is June 1 New awards (went into effect Fall 2014) are $2K, $3K, $4K and $5K as a freshman, sophomore, junior or senior respectively, with $2K only at two-year college Amounts for those who received the ACS in 2010 and continued his or her eligibility will receive same amounts – $5,000 or $2,500 Amounts for those who received the ACS in 2011 and 2012 and continued his or her eligibility will receive same amounts – $4,500 or $2,250 Please note that there could be some changes during the session, which may or may not affect this year’s applicants.

2014 Annual Trustees Conference The 2014 Annual Trustees Conference was held on December 5, 2014 on the Main campus of Pulaski Technical College in North Little Rock.

AHECB Meeting of January 30, 2015 Enrollment AHECB Meeting of January 30, 2015

Associate Director, Planning and Accountability Rick Jenkins Associate Director, Planning and Accountability

Fall Enrollment is Down 1.1% and 2.7% Fall enrollment is down by 1.1 percent from the 2013 Fall term to the 2014 Fall term and down 2.7 percent from the 2010 Fall term to the 2014 Fall term.

Enrollment by Student Level

Enrollment by Institution Type

Enrollment History by Institution Type 4-Year Universities continue enrollment growth while 2-Year Colleges experience decrease in 2014 Fall term.

One (1) Year Growth Rates Growth Rates from 2013 Fall to 2014 Fall Institution Type High School Students Under- graduate Students Graduate Students Total 4-Year Universities 15.4% -0.7% 0.3% 2-Year Colleges 11.5% -7.8% 0.0% -4.9% Private/Independents 24.8% 2.6% -5.1% 2.2% Nursing Schools 33.9% 13.4% -2.7% -0.4% -1.1%

Enrollment by Gender

Enrollment by Race/Ethnicity

Enrollment by Age Nontraditional students (age 25 and older) comprise 29.9% of the student body.

Enrollment by Attend Status

Fall SSCH/FTE Growth SSCH/FTE data is not collected for Private/Independent institutions or Nursing Schools.

Annual SSCH/FTE Growth SSCH/FTE data is not collected for Private/Independent institutions or Nursing Schools.

Annual FTE by Institution SSCH/FTE data is not collected for Private/Independent institutions or Nursing Schools.

Annual FTE by Institution SSCH/FTE data is not collected for Private/Independent institutions or Nursing Schools.

AHECB Meeting of January 30, 2015 Remediation Rates AHECB Meeting of January 30, 2015

Associate Director, Planning and Accountability Rick Jenkins Associate Director, Planning and Accountability

Change in Cutoff Scores/Methodology Test Type Math English Reading Old New STEM Other CTE ACT 19 16 SAT 460 470 450 Asset 39 31 45 43 Compass 41 36 21 75 80 82 83 The change in cutoff scores in 2012 requires the remediation rate calculation to change. Students are now evaluated based on their major falling into one of three areas: STEM (Science, Technology, Engineering, & Mathematics) CTE (Career Technical Education) Other (non-STEM and non-CTE)

Three Remediation Rates Anytime Rates – rates in which the high school graduation date is ignored 2-Year Rates – rates in which the student graduated high school in the previous 2 years 1-Year Rates – rates in which the student graduated high school in the previous 1 year The Anytime Rates are the traditional rates used by higher education as it includes all first-time entering students. Anytime Rates are typically the highest (it includes the most students) and the 1-Year Rates are typically the lowest (it includes the fewest students). Remediation Rates apply to public institutions only.

Comparison of Remediation Rates

2014 Fall Remediation Rates The Anytime Remediation Rate has dropped 11.2 percentage points since 2010 Fall.

Rates by Subject Since 2010 Fall, the MATH Rate has dropped 11.9 percentage points; ENGLISH has dropped 7.1 percentage points; and READING has dropped 8.4 percentage points.

Rates by Student Type/Major

Rates by Gender

Rates by Race/Ethnicity

Rates by Age

Rates by Attend Status

Rates by Institution Type

Rates of Students with High School GPA of 3.00 or Higher

Remediation Attempts

Agenda item no. 8 ACADEMIC POLicy updates & clarifications Cynthia Moten Associate Director, Academic Affairs Agenda item no. 8 ACADEMIC POLicy updates & clarifications

AHECB Policy Updates & Clarifications 5.1-College Mathematics 5.2-ICAC Rules 5.6-State Minimum Core 5.7-General Education Assessment (Repealed, Act 274 of 2007) 5.8-Freshman Assessment and Placement 5.11-Approval of New Programs and Units 5.12-Academic Program Review and Program Viability 5.14-Unconditional Admissions 5.18- Alternative Assessment Plans (Repealed, Act 274 of 2007) 5.22-Arkansas Transfer System