NeASFAA Presentation J. Ritchie Morrow CCPE Financial Aid Coordinator Thursday, April 5, 2011

NSG YEAR-END SUMMARY April 5, Coordinating Commission for Postsecondary Education

April 5, Coordinating Commission for Postsecondary Education

April 5, 2011 Coordinating Commission for Postsecondary Education 4

NSG Info $14,093,053 awarded 15,704 students received a NSG 41.2% of eligible students Average Grant - $ April 5, Coordinating Commission for Postsecondary Education

April 5, Coordinating Commission for Postsecondary Education

April 5, Coordinating Commission for Postsecondary Education

April 5, Coordinating Commission for Postsecondary Education

April 5, Coordinating Commission for Postsecondary Education Sector # and % of NE Resident Pell Eligible # and % of NSG Recipients % of Pell Elig who Received NSG $ and % of NSG Awarded Average NSG Award University of Nebraska (5) 8,7504, % $5,309,722 $1, %26.1%37.7% State Colleges (3) 2,2461, % $1,050,714 $ %7.9%7.5% Community Colleges (6) 16,9114, % $2,415,577 $ %31.7%17.1% Private Career Schools (11) 4,8772, % $2,583,610 $1, %15.9%18.3% Independent Colleges & Universities (16) 5,2972, % $2,733,430 $ %18.4%19.4% Total 38,08115, % $14,093,053 $ %

NSG Report Questions? April 5, 2011 Coordinating Commission for Postsecondary Education 10

Unmet Need Report Total NE Resident Pell Eligible Students Total NE Resident 6,000 EFC Students working on first bachelor’s degree AY Tuition & Fees Information What would be reported on the NOG application April 5, Coordinating Commission for Postsecondary Education

NOG Applications will be sent out week of April 11 - due May 2 Eligible student: – Working on first bachelor’s degree – Maximum EFC of 6,150 (must be valid) (Maximum EFC will increase by 2.5% each year) Maximum Grant Amount - $3,656 April 5, 2011 Coordinating Commission for Postsecondary Education 12

Tentative allocations out by May 6 – Final allocations out early July Tentative Funding – General Fund - $6,418,156 ($6,418,156) – Lottery - $7,750,000 ($8,000,000) – LEAP – $0 ($552,758) April 5, 2011 Coordinating Commission for Postsecondary Education 13

Questions? April 5, 2011 Coordinating Commission for Postsecondary Education 14