Financial Aid Database

Background 2004 Noel-Levitz analysis of financial aid data and enrollment management practices 2005 Recommendations submitted to State Regents Oklahoma State Regents for Higher Education

Financial Aid Database #24 “recommend that all Oklahoma institutions whose students are eligible to receive state-funded assistance…submit unit (student) level reporting...From these data OSRHE could determine allocation levels for the OTAG awards and perform research on the usage, interaction, and effectiveness of state programs...

…Moreover, individual institutions would benefit from this process by having a database appropriate for conducting research on the impact of aid on student enrollment behavior at their campus.” Financial Aid Database

2008 RFP 1. Develop capacity to report on financial aid related issues and perform research on the usage, interaction, and effectiveness of state programs using student academic information, demographics, full financial aid award information, income level, financial need, expected family contribution, etc. Financial Aid Database

2008 RFP 2. OSRHE will collect financial aid data to supplement existing unit record student data collected in the OSRHE Unitized Data System (UDS). Financial Aid Database

2008 RFP 3. Individual institutions also should be able to benefit from this database by conducting research on the impact of aid on student enrollment behavior at their campus. Financial Aid Database

2008 RFP 4. Data will be collected as needed from the 31 Oklahoma public higher education institutions and related entities with development to include an option to add other Oklahoma institutions. Financial Aid Database

State Regents support Funding Staff Advisory Committee Financial Aid UDS Coordinators Enrollment Managers Public and Private Financial Aid Database

What is the average net cost of attendance? Do these levels appear to be manageable to students with known income information? How are federal financial aid programs interacting with state funds such as OTAG, Oklahoma’s Promise and institutional financial aid/tuition waiver programs in meeting students’ financial needs? Financial Aid Database

What is the level of unmet need for students by institutional sector, student need level, academic preparation, or race/ethnicity? How does the level of financial assistance provided impact student persistence? Are poorer students borrowing larger amounts than their richer counterparts? Financial Aid Database

March 12Advisory Committee meeting April 13-14Institution meetings April 24UDS data submitted May 13Finalize code tables June 10Institution data submitted August 1Data finalized Oct Review findings and files October 22Report to State Regents Financial Aid Database

Debra L. Stuart Vice Chancellor for Educational Partnerships (405)