1. IUPUI Financial aid and Diversity update
November 2016 1

2. IUPUI 2016 Diversity Enrollment
Hispanic/Latino
Record
African American
Second Highest
Asian American
IUPUI Minority Total 4

3. New Diversity Program Awards 16-17 AY
Number of New Scholars/Scholarship Amount/Total
Number of Housing Stipends / Stipend Amount/Total
Norman Brown Diversity & Leadership Scholars Program
25 students / $5K Scholarships / $125,000
20 Housing stipends* / $5K / $100,000
Diversity Scholars Research Program (DSRP)
9 students / $9K Scholarships / $81,000
5 Housing stipends / $8K / $40,000
Olaniyan Scholars Program
5 students / $10,141 Scholarships / $50,705
4 Housing stipends* / $5K / $20,000
Total amount across all 3 diversity programs ($416,705)
39 students / $256,705
29 Housing stipends / $160,000
*An additional $3k per housing stipend was supplemented by the IUPUI housing stipend fund so each housing stipend amount was $8K ($72,000 total)

4. IUPUI Institutional Need-Based Aid
Focus on Leveraging IUPUI Aid with Federal and State Aid and Performance-Based Funding Targets
Include Ties to Student Success Support Programming
Supplemental Need-Based Aid for…
Pell Grant Recipients (Pell Pledge)
State 21st Century Scholars (TFCS Pledge Grant)
State Frank O’Bannon Grant Program Higher Education Award Recipients (Grant for Access and Persistence “GAP” Award)
Students near graduation (Homestretch and Institutional loans)
State aid recipients required to take summer classes to renew state aid (Back On-Track Grant)

5. Supplemental Need-Based Aid at IUPUI
The IUPUI Twenty-First Century Scholars Pledge Grant, the IUPUI Grant for Access and Persistence (GAP) Award, and the IUPUI Pell Pledge Grant are all renewable IUPUI grants for up to $2,000 per year and are designed to supplement state and federal grant programs.
Eligible students must qualify for state and/or federal grants, have remaining unmet financial need, and meet other requirements (subject to available funding); students who meet eligibility criteria will automatically be provided an award without additional application, but are required to participate in specified academic support programming and maintain a 2.5 minimum grade point average to insure renewal
In , about 3700 awards are being made (compared to 2256 last year); renewal awards required a 2.2 minimum grade point average with more funding made available

6. Supplemental Need-Based Aid at IUPUI*
About 30% of first time, full time freshman received an award (1062 FT/FT frosh divided by 3836 FT/FT frosh)
About 36% of all awards going to new-to-IUPUI students (1300/3647)
About 82% of new recipients are freshman (1062/3647) and 18% are new transfers (238/3647)
About 18% of recipients African American (641/3647) and 11% Hispanic/Latino (410/3647)
* Fall 2016 awards include Pell Pledge, TFCS Pledge, and GAP Award; numbers include Columbus campus

7. 21st Century Scholar Beginners Number of First-Time Beginners Twenty First Century Scholars (Received State Funds)

8. 21st Century Scholar Pledge Grant Expansion at IUPUI
IUPUI Twenty First Century Scholars (TFCS) receive up to $2,000 in a need-based TFCS Pledge Grant for costs beyond tuition and fees 429 additional recipients 3 total new beginner/new transfer recipients 26

9. Pell Promise Expansion at IUB
Indiana resident Pell Grant recipients have their full tuition and mandatory fees paid with gift aid. Removing the SAT/ACT requirement to receive the scholarship expanded the program. 172 additional recipients ($0.9M) 255 total beginner recipients ($1.3M) 26

10. Pell Pledge and GAP Awards at IUPUI
The maximum Pell Pledge and GAP Award is $2,000 so in comparison to IUB Pell Promise program the IUPUI Pell Pledge and GAP Award programs do not always provide full tuition and fee payment 962 additional Pell Pledge/GAP recipients 166 total new beginner/new transfer recipients

11. Reducing the Financial Need Gap at IUB
$1M+ in new and expanded scholarships reduced the financial need gap for 200 students and eliminated it for 47 students. 27

12. Need Gap Reduction at IUPUI
$4+ million in new need-based aid reduced the financial need gap for more than 2000 students About 1400 additional Supplemental Need-Based Grants About 200 additional Home Stretch awards About 200 additional Summer On-Track awards About 200 additional Access/Persistence awards
1391 more SNAG awards so far
193 more Homestretch awards so far
200 more Summer On-Track Grants
200 more Access Grants

13. Jaguar Persistence Grant Pilot Program
Student Financial Services working NOW to identify about undergraduate students that can benefit from relatively small grants of $500-$3000 to improve persistence ($100K-$150K total expenditure from current need-based aid allocation)
Target students are those with financial need and extenuating circumstances (explained in application) with priority given to those with past due bill preventing Spring enrollment
DEAP circulating an initial application to those active in program and in good standing
Plan to provide financial education exercise requirement for recipients

14. IUPUI Homestretch Program Expansion
The IUPUI Home Stretch program provides students with unmet need who are close to graduation a forgivable loan as an incentive to attend school full time and graduate within the year
In 2013, more than 150 students benefitted from the Home Stretch program in the fifth or sixth year of study with over 75% completing degree
In 2014 and 2015, Home Stretch awarding focused on sixth year students; more than 77% of 2015 recipients completed degree and nearly 70% of recipients that did not complete degree are still enrolled 
With additional funding and documented success, the Home Stretch program expanded in to more than 350 offers with a focus on BOTH fifth and sixth year students, as well as students who have exhausted federal and state aid eligibility

15. New Supplemental Need-Based Award Plans 17-18
Propose changing the name of the three current awards to a general “IUPUI Pledge Grant” (effectively changing the name of the GAP award)
Propose freshman Pledge Grant increases to improve yield, increasing max Pledge from $2000 to $2500
New Pledge Grant value means $10K award over four years, which means an approximate 25% tuition/fee reduction
Estimate about $500K additional funding commitment for freshman
Will wait until June 2017 before deciding on potential Pledge Grant increases and/or GPA renewal requirements for continuing students to help manage funds

16. 17-18 Pledge Grant Communication Plans
Sending letters describing IUPUI Pledge to recipients…
IUPUI Pledge: provide up to $10K in institutional funding as well as academic and life skills support programming
Recipient Pledge: take/complete 30 credits per year, maintain 2.5 GPA, participate in support programming, graduate in four years

17. 18-19 Institutional Aid Plans
With additional need-based and merit-based aid investment from the campus comes responsibility
Will continue to evaluate effectiveness of aid delivery with IRDS and others to get the right aid to the right students at the right time in the right way
Expect to engage in discussions with financial aid leveraging consultant for assistance

20. Source IRDS

21. Source IRDS

22. Source IRDS

23. Honors College Unmet Need Example
Row Labels
Count of PRSN_UNIV_ID
$0 unmet financial need
354
$1 to $1000 unmet need 27
$1001 to $2000 unmet need 25
$2001 to $3000 unmet need 18
$3001 to $4000 unmet need 26
$4001 to $5000 unmet need 40
$5001 to $6000 unmet need 34
$6001 to $7000 unmet need 29
$7001 to $8000 unmet need
$8001 to $9000 unmet need
$9001 to $10000 unmet need 32
>$10000 unmet need
201
No FAFSA on file
353
Grand Total
1191

24. Additional Comparison Slides

27. Source: https://uirr. iu