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 ( ; $3.4 million) Concurrent Enrollment Tuition Waiver ( ; $2.7 million)

OTAG – Oklahoma Tuition Aid Grant State Funding Loss of federal LEAP/SLEAP matching funds Adult students

OTAG State Funding

OTAG adult students (age 24 & over)

Academic Scholars State Funding

Academic Scholars Recipients

Freshmen National Merit Scholars

Academic Scholars Limit on funding for nonresident participants lowered from 25% to 20% effective Institutions over the limit must pay refunds. Refunds = $1.4 million in ; projected $1.8 million in

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%)

Oklahoma Legislative Context Year/House 1992 House 2012 House 1992 Senate 2012 Senate Democrat Republican GovernorDem.Rep.Dem.Rep.

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 Source: Postsecondary Education OPPORTUNITY, Number 235, January 2012, <$33k $33-62k $62-99k >$99k

Oklahoma Family Incomes %’s Under $50,000, $75,000 & $100,000 Source: US Census Bureau, 2000 Census, American Community Survey $100,000 $75,000

OKPromise High School Enrollment (By High School Graduation Year) $32,000 $50,000 $24,000 As of

High School Requirement Completion Rates $24,000 $32,000 $50,000 As of

High School Students Completing OKPromise Requirements (by Grad Year) $32,000 $50,000 $24,000 As of

Ethnicity – 2011 HS Completers

Gender Trends OKPromise High School Grads, OK H.S. Seniors: 50% Female, 50% Male Female Male

Geographic Distribution Trends OKPromise High School Grads, “Urban” is defined as the 5 most populous counties – Oklahoma, Tulsa, Cleveland Canadian, and Comanche.

U.S. Grant High School - OKC HS Grad Yr Enrolled Completed Reqmnts ? Percent Completers 63%30%40%44%40%43%?

Douglass H.S. - OKC HS Grad Yr Enrolled Completed Reqmnts ? Percent Completers 24%31%23%43%86%70%? Updated

Foster Care Students - DHS HS Grad Yr Enrolled Completed Reqmnts ? Percent Completers 19%16%15%12%17%16%? As of

High School GPA’s

Students Earning High School GPA’s Between

Gates Foundation 2012 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)

Break Time

College-Going Rates Compared to All Oklahoma HS Graduates

College Remediation Rates

Where Do OK Promise Students Attend College?

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.

Degree Completion Rates (Degrees earned through )

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 ,156 (95%) completed FAFSA 98 (2%) reported AGI over $100,000

Oklahoma’s Promise Satisfactory Academic Progress (SAP) requirements for all recipients in 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)

OKPromise College Junior GPA’s Average GPA: 3.04

Scholarship Recipients As of 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) As of Projected Actual

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.

Questions?