J. Ritchie Morrow CCPE Financial Aid Officer March 29, 2019

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Presentation transcript:

J. Ritchie Morrow CCPE Financial Aid Officer March 29, 2019 State Update J. Ritchie Morrow CCPE Financial Aid Officer March 29, 2019

Coordinating Commission for Postsecondary Education March 29, 2019 Coordinating Commission for Postsecondary Education

Coordinating Commission for Postsecondary Education March 29, 2019 Coordinating Commission for Postsecondary Education

Coordinating Commission for Postsecondary Education March 29, 2019 Coordinating Commission for Postsecondary Education

Coordinating Commission for Postsecondary Education March 29, 2019 Coordinating Commission for Postsecondary Education

Coordinating Commission for Postsecondary Education 2017-18 NOG Info $17,392,498 awarded 12,849 students received a Nebraska Opportunity Grant Average Grant - $1,353.61 March 29, 2019 Coordinating Commission for Postsecondary Education

Coordinating Commission for Postsecondary Education March 29, 2019 Coordinating Commission for Postsecondary Education

Coordinating Commission for Postsecondary Education March 29, 2019 Coordinating Commission for Postsecondary Education

Coordinating Commission for Postsecondary Education March 29, 2019 Coordinating Commission for Postsecondary Education

Coordinating Commission for Postsecondary Education March 29, 2019 Coordinating Commission for Postsecondary Education

Coordinating Commission for Postsecondary Education March 29, 2019 Coordinating Commission for Postsecondary Education

2017-18 NOG Summary 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) 12,045 4,485 37.2% $9,008,975 $2,008.69 33.4% 34.9% 51.8% State Colleges (3) 2,128 1,156 54.3% $1,288,630 $1,114.73 5.9% 9.0% 7.4% Community Colleges (6) 16,027 3,663 22.9% $2,615,351 $713.99 44.5% 28.5% 15.0% Private Career Schools (9) 1,185 542 45.7% $1,107,057 $2,042.54 3.3% 4.2% 6.4% Independent Colleges & Universities (17) 4,643 3,003 64.7% $3,372,485 $1,123.04 12.9% 23.4% 19.4% Total 36,028 12,849 35.7% $17,392,498 $1,353.61 100.0% March 29, 2019 Coordinating Commission for Postsecondary Education

Coordinating Commission for Postsecondary Education March 29, 2019 Coordinating Commission for Postsecondary Education

2019-20 Funding (Preliminary) NOG General Funds – Level Funded at $6,593,430 Lottery Funds –spending authority increased to $12,000,000 (5.6% increase over 2018-19) ACE General Funds - $1,100,000 (10.4% increase over 2018-19) March 29, 2019 Coordinating Commission for Postsecondary Education

Coordinating Commission for Postsecondary Education 2019-20 NOG Application sent out mid June Due June 28 Allocations sent out week of July 8 Missing many FY18 Financial Audits March 29, 2019 Coordinating Commission for Postsecondary Education

Coordinating Commission for Postsecondary Education NOG Website Rebuilding submission site New login/password Will be created for you Up and running later this year March 29, 2019 Coordinating Commission for Postsecondary Education

Coordinating Commission for Postsecondary Education 2019 Legislation In Committee LB104 – maintain lottery distribution to the NOG through 2026-27 LB294 – Governor’s budget request; includes the Nebraska Talent Scholarship (would award 250 scholarships to students at UN and SC campuses and 65 scholarships at CC to students in high-need programs) March 29, 2019 Coordinating Commission for Postsecondary Education

Coordinating Commission for Postsecondary Education 2019 Legislation In Committee LB544 – Creates Meadowlark Scholarship Program (would deposit $100 at birth whose parents have opted in to participate; students would receive scholarship to help with college educational costs) LB563 – Creates Access College Early (ACE) Tech Promise Scholarship (provide scholarships to ACE recipients who took at least two dual credit courses in a high-need career program of study) March 29, 2019 Coordinating Commission for Postsecondary Education

Coordinating Commission for Postsecondary Education 2019 Legislation In Committee LB568 – Removes sunset clause for lottery funds to the NOG LB639 – Creates H3 Careers Scholarship, administered by Department of Labor (would award scholarships to students attending public institutions majoring in an H3 career) March 29, 2019 Coordinating Commission for Postsecondary Education

Coordinating Commission for Postsecondary Education 2019 Legislation In Committee LB650 – Creates Teach for Nebraska Summer Program (would cover cost for high school students to participate in a summer 6-week program at UNK or UNO) & Teach for Nebraska Scholarship Program (would provide scholarship for students who completed the summer program enrolled in a teacher ed program at a postsecondary institution) March 29, 2019 Coordinating Commission for Postsecondary Education

Coordinating Commission for Postsecondary Education 2019 Legislation General File LB180 (Speaker Priority) – Change program eligibility criteria under the Community College GAP Assistance Program Act (would add short for-credit programs that are not Pell eligible) March 29, 2019 Coordinating Commission for Postsecondary Education

Coordinating Commission for Postsecondary Education State Update Questions? March 29, 2019 Coordinating Commission for Postsecondary Education