1. AHECB Meeting
January 30, 2015

2. Chandra Robinson
Program Coordinator, Institutional Finance
Agenda item no. 9: Economic Feasibility of BonD ISSUE for NORTHWEST COMMUNITY COLLEGE

3. Relevant Information
$18.4 million for 15 a rate not to exceed 3.75%
Auxiliary purposes
Revenue Funding Source: Millage Revenue
Proceeds from the bond issue will be used to refinance district capital improvement bonds
1. What is the projected date the bonds will be sold?
2. Please provide a detailed description of the new facility facilities.  Please include the square feet, type of space that will make up the facility and location of the facility on the campus as well as any other relevant information.
3.  Will the bond issue include furnishings?
4. What is the projected start date and completion date for facility?
5.   Please list a few programs that will be housed in the facility.
6.   Are there any other sources of income being used for this project? (i.e. private gifts)
7.  What is the total project cost including all funding sources? Does this include all sources?

4. Chandra Robinson
Program Coordinator, Institutional Finance
Agenda item no. 10: Economic Feasibility of BOND ISSUE for SOUTHERN Arkansas UNIVERSITY

5. Relevant Information
$10.0 million for 30 a rate not to exceed 5.0%
Educational and general purposes
Revenue Funding Source: Tuition and Fee Revenue
Proceeds will be used to refund previous bond issues and to construct and/or renovate facilities for the Engineering program and to make improvements in the Health, Kinesiology and Recreational facilities on the campus of Southern Arkansas University in Magnolia, Arkansas
1. What is the projected date the bonds will be sold?
2. Please provide a detailed description of the new facility facilities.  Please include the square feet, type of space that will make up the facility and location of the facility on the campus as well as any other relevant information.
3.  Will the bond issue include furnishings?
4. What is the projected start date and completion date for facility?
5.   Please list a few programs that will be housed in the facility.
6.   Are there any other sources of income being used for this project? (i.e. private gifts)
7.  What is the total project cost including all funding sources? Does this include all sources?

6. Chandra Robinson
Program Coordinator, Institutional Finance
Agenda item no. 11: Economic Feasibility of LOAN ISSUE for Arkansas STATE UNIVERSITY

7. Relevant Information
$1.5 million for 10 an annual interest rate of 0.0%
Educational and general purposes
Revenue Funding Source: Tuition and Fee Revenue
Proceeds from the loan will be used to complete energy efficient upgrades of the cooling tower system at the Convocation Center and the energy control system of the Arkansas Biosciences Institute building
1. What is the projected date the bonds will be sold?
2. Please provide a detailed description of the new facility facilities.  Please include the square feet, type of space that will make up the facility and location of the facility on the campus as well as any other relevant information.
3.  Will the bond issue include furnishings?
4. What is the projected start date and completion date for facility?
5.   Please list a few programs that will be housed in the facility.
6.   Are there any other sources of income being used for this project? (i.e. private gifts)
7.  What is the total project cost including all funding sources? Does this include all sources?

8. Agenda item no. 12: Annual Financial Condition Report
Tara Smith
Senior Associate Director, Institutional Finance
Agenda item no. 12: Annual Financial Condition Report

9. Introduction Report Purpose: Topics Addressed:
Describe financial conditions of Arkansas’s Public Institutions of Higher Education
Describe difficulties & challenges experienced by Arkansas’s Public Institutions of Higher Education
Topics Addressed:
Needs-Based Funding Formula
Outcome-Centered Funding
Comparison of Arkansas faculty salaries to other SREB states
Tuition & Fees
Fund Balances
Institutional Scholarship expenditures
Athletic Expenditures
1. What is the projected date the bonds will be sold?
2. Please provide a detailed description of the new facility facilities.  Please include the square feet, type of space that will make up the facility and location of the facility on the campus as well as any other relevant information.
3.  Will the bond issue include furnishings?
4. What is the projected start date and completion date for facility?
5.   Please list a few programs that will be housed in the facility.
6.   Are there any other sources of income being used for this project? (i.e. private gifts)
7.  What is the total project cost including all funding sources? Does this include all sources?

10. Comparison of Arkansas faculty salaries to other SREB states

11. Comparison of Arkansas faculty salaries to other SREB states

12. Comparison of Change in Funds per FTE Students to other SREB states - Universities

13. Comparison of Change in Funds per FTE Students to other SREB states - Colleges

14. Tuition and Fees 2014-15 Increases for Fiscal Year 2014-15:
To offset flat and/or declining state support, institutions continue to implement several cost-savings initiatives to keep tuition increases at a minimum.
Increases for Fiscal Year :
Four-year Institutions = 1-YR Average increase 4.3%
Two-year Institutions = 1-YR Average increase 4.3%
Latest available data from SREB ( to )
National Four-year Institution = 1-YR Average increase 6.3%
SREB Four-year Institution = 1-YR Average increase 5.5%
Arkansas Four-year Institution = 1-YR Average increase 5.5%
National Two-year Institution = 1-YR Average increase 6.3%
SREB Two-year Institution = 1-YR Average increase 6.9%
Arkansas Two-year Institution = 1-YR Average increase 5.6%

15. Tuition Increases – 4 Year Institutions

16. Tuition Increases – 2 Year Institutions

17. Fund Balances –
According to industry standards, optimal fund balances should range from 5% to 14% of the E & G operating budget.
For , only two 4-year institutions’ fund balances fell below 5%.
For , only two 2-year institution’s fund balance fell below 5%.

18. Fund Balances – 4-Year

19. Fund Balances – 2-Year

20. Institutional Scholarships – 2013-14 (Academic and Performance)
A.C.A set limitations on Institutional Scholarships from tuition and fees
The limit is 20% of E&G tuition and fee revenue for
15,673 scholarships were awarded at 4-Year Institutions at a cost of $55.6 million compared to 14,818 at a cost of $53.2 million the previous year
Scholarships as a percent of tuition and fees were 8.9% compared to 9% the previous year

21. Institutional Scholarships

22. E & G Facilities Audit Program (FAP) 2014 Report
Replacement Value = $5.4 billion
Square Footage = 28,326,050
Deferred Maintenance = $2.5 billion
Critical Maintenance = $165 million

23. Other Thoughts Outcome-Centered Funding
Financial health of institutions

24. Recommendations
It is recommended that the ADHE Director, the Institutional Finance staff and institutions’ presidents and chancellors continue to work together to bring all institutions to 75 percent of need.
AHECB must continue to work with institutions in order to continue implementation of the outcome-centered funding models.

25. Lillian Williams
Program Specialist, Academic Affairs
Agenda item no. 13 RICH MOUNTAIN COMMUNITY COLLEGE: MONTGOMERY COUNTY CENTER

26. Introducing the Associates Degree for Occupational and Life Skills: A New Program at NWACC Arkansas Department of Higher Education Coordinating Board, January 30, 2015
Steven M. Gates, Ph.D.
Senior Vice President for Learning & Provost

27. What is the Occupational and Life Skills Program (OLS)?
Modeled after Bellevue College in Seattle, WA
14th Year of Delivery and Currently Serving 78 students
Seeking partners to expand service across the nation
Primary Audience
Area students/citizens with cognitive disabilities who meet particular admissions standards
Number of area citizens, Benton and Washington County with cognitive disabilities is 8,674
Number of adults in Arkansas with cognitive disabilities is 102,654

28. What is the Occupational and Life Skills Program (OLS)? Continued
Primary Goals
To serve a segment of this population currently underserved: the “tweeners”
To empower students to achieve a greater financial and social independence
To provide an important link of support for the cognitive disabilities community
Program Focus
Through an accredited curriculum, participating students are taught hard and soft skills essential for life and work in preparation for employment and greater independence.
A full Associates Degree, 60 credit hours delivered over 8 terms, 4 years
Students progress in cohorts of 12-14
Students are not eligible for additional entitlements, i.e. special accommodations. All supports comes from within the program
Rigorous preparation for capstone internship leading to employment
7.5 credit hours per term; eight, 16-week semesters (no summers)

29. What is the Occupational and Life Skills Program (OLS)? Continued
Program Curriculum and Learning Outcomes
Developing hard and soft skills to be an exceptional employee
Building on one’s “dependable strengths”
Learning workplace etiquette and intrapersonal communications
Learning personal financial management skills
Learning self-supporting skills for greater social and financial independence
Building a personal career pathway
Preparing for a 200 hour internship with an area employer
Job development and matchmaking with the right employer

30. What is the Occupational and Life Skills Program (OLS)? Continued
Program Delivery and Teaching Focus
Focus on learning style, not disability
“Scaffolded Learning” approach to teaching and learning
Small classes, cohorts of 14 students per year moving in sequence
Traditional classrooms and labs
Easy access to classrooms, labs and program staff
Slower pace to maximize learning and achieve retention

31. Student Audience General Admissions Score Common Disabilities
A minimum of 72 on the standard IQ test
Has completed High School (Diploma, GED, or Certificate of Completion)
Common Disabilities
Non-verbal learning disabilities (NVLD), generalized learning disabilities, ADHD, anxiety disorders, traumatic brain injury, sight impairment, Asperger’s and autism.
Financial Aid
Students will be eligible for financial aid according to federal financial aid criteria.  

32. Student Audience Continued
Other Characteristics
May have attempted, but was unsuccessful in the traditional college setting
Has experience working or volunteering
Has challenges with “soft” or “people” skills
Is motivated to obtain a college education
Can critically think and problem solve
Participates in activities and conversations
Makes personal decisions
Technology savvy: word processing, internet and
Communicates personal knowledge and opinion

33. Senior Vice President for Learning & Provost
Next Steps
Next Steps
Hire a Director and Complete Training
Begin Marketing/Recruiting and Admissions Plans
First Year: Fall 2015
NWACC Pilot College for the Program, the first outside of Bellevue College
Working with all interested colleges
Thank you! Questions?
Steven M. Gates, Ph.D.
Senior Vice President for Learning & Provost

34. ACADEMIC COMMITTEE Consent Agenda Items AGENDA ITEM No
ACADEMIC COMMITTEE Consent Agenda Items AGENDA ITEM No. 15: northwest arkansas community college Associate of Applied Science in construction technology AGENDA ITEM No. 16: university of arkansas at monticello master of jazz studies AGENDA ITEM No. 17: Henderson state University Bachelor of arts in innovative media AGENDA ITEM No. 18: university of arkansas community college at hope cerTIFICATES of proficiency and technical certificate in commercial and residential equipment maintenance and repair Agenda Item No. 19: Institutional Certification Advisory Committee (ICAC) Agenda Item No. 20 : Letters of Notification Agenda Item No 21: Letters of Intent

35. Shane Broadway
Director
Agency UPDATEs

36. Retirees Cynthia Moten Phil Axelroth Academic Affairs
Financial Aid
Last day, December 31, 2014
Cynthia Moten
Academic Affairs
Last day, January 30, 2015

37. Personnel Changes Steven Bell Financial Aid Program Specialist
Relocated to North Carolina
Brandi Hinkle
Communications Coordinator
Transferred to the Department of Human Services

38. Personnel Changes Ann Clemmer
Senior Associate Director for Academic Programs
Arkansas Department of Higher Education
Shane Broadway
Vice President for Governmental Relations
Arkansas State University System

39. Institutional Leadership
University of Arkansas At Monticello
Jay Jones, Interim Chancellor
Beginning July 1, 2015

40. Governor Hutchinson's State of the State Address
Hutchinson said he believes his tax cut plan would benefit 500,000 Arkansas residents and make the state more competitive. He said the proposal would require some “savings” in state government, but that his budget would fully fund education.
The governor says that, …the state needs to improve job training in high schools and two-year colleges, offer computer science in every high school …

41. Legislative Session

42. Important to Know
Deadline for all categories – both spring and fall semester – is June 1
New awards (went into effect Fall 2014) are $2K, $3K, $4K and $5K as a freshman, sophomore, junior or senior respectively, with $2K only at two-year college
Amounts for those who received the ACS in 2010 and continued his or her eligibility will receive same amounts – $5,000 or $2,500
Amounts for those who received the ACS in 2011 and 2012 and continued his or her eligibility will receive same amounts – $4,500
or $2,250
Please note that there could be some changes during the session, which may or may not affect this year’s applicants.

43. 2014 Annual Trustees Conference
The 2014 Annual Trustees Conference was held on December 5, 2014 on the Main campus of Pulaski Technical College in North Little Rock.

44. AHECB Meeting of January 30, 2015
Enrollment
AHECB Meeting of January 30, 2015

45. Associate Director, Planning and Accountability
Rick Jenkins
Associate Director, Planning and Accountability

46. Fall Enrollment is Down 1.1% and 2.7%
Fall enrollment is down by 1.1 percent from the 2013 Fall term to the 2014 Fall term and down 2.7 percent from the 2010 Fall term to the 2014 Fall term.

47. Enrollment by Student Level

48. Enrollment by Institution Type

49. Enrollment History by Institution Type
4-Year Universities continue enrollment growth while 2-Year Colleges experience decrease in 2014 Fall term.

50. One (1) Year Growth Rates
Growth Rates from 2013 Fall to 2014 Fall
Institution Type
High School Students
Under- graduate Students
Graduate Students
Total
4-Year Universities
15.4%
-0.7%
0.3%
2-Year Colleges
11.5%
-7.8%
0.0%
-4.9%
Private/Independents
24.8%
2.6%
-5.1%
2.2%
Nursing Schools
33.9%
13.4%
-2.7%
-0.4%
-1.1%

51. Enrollment by Gender

52. Enrollment by Race/Ethnicity

53. Enrollment by Age
Nontraditional students (age 25 and older) comprise 29.9% of the student body.

54. Enrollment by Attend Status

55. Fall SSCH/FTE Growth
SSCH/FTE data is not collected for Private/Independent institutions or Nursing Schools.

56. Annual SSCH/FTE Growth
SSCH/FTE data is not collected for Private/Independent institutions or Nursing Schools.

57. Annual FTE by Institution
SSCH/FTE data is not collected for Private/Independent institutions or Nursing Schools.

58. Annual FTE by Institution
SSCH/FTE data is not collected for Private/Independent institutions or Nursing Schools.

59. AHECB Meeting of January 30, 2015
Remediation Rates
AHECB Meeting of January 30, 2015

60. Associate Director, Planning and Accountability
Rick Jenkins
Associate Director, Planning and Accountability

61. Change in Cutoff Scores/Methodology
Test Type
Math
English
Reading
Old
New
STEM
Other
CTE
ACT 19 16
SAT
460
470
450
Asset 39 31 45 43
Compass 41 36 21 75 80 82 83
The change in cutoff scores in 2012 requires the remediation rate calculation to change. Students are now evaluated based on their major falling into one of three areas:
STEM (Science, Technology, Engineering, & Mathematics)
CTE (Career Technical Education)
Other (non-STEM and non-CTE)

62. Three Remediation Rates
Anytime Rates – rates in which the high school graduation date is ignored
2-Year Rates – rates in which the student graduated high school in the previous 2 years
1-Year Rates – rates in which the student graduated high school in the previous 1 year
The Anytime Rates are the traditional rates used by higher education as it includes all first-time entering students.
Anytime Rates are typically the highest (it includes the most students) and the 1-Year Rates are typically the lowest (it includes the fewest students).
Remediation Rates apply to public institutions only.

63. Comparison of Remediation Rates

64. 2014 Fall Remediation Rates
The Anytime Remediation Rate has dropped 11.2 percentage points since 2010 Fall.

65. Rates by Subject
Since 2010 Fall, the MATH Rate has dropped 11.9 percentage points; ENGLISH has dropped 7.1 percentage points; and READING has dropped 8.4 percentage points.

66. Rates by Student Type/Major

67. Rates by Gender

68. Rates by Race/Ethnicity

69. Rates by Age

70. Rates by Attend Status

71. Rates by Institution Type

72. Rates of Students with High School GPA of 3.00 or Higher

73. Remediation Attempts

74. Agenda item no. 8 ACADEMIC POLicy updates & clarifications
Cynthia Moten
Associate Director, Academic Affairs
Agenda item no. 8 ACADEMIC POLicy updates & clarifications

75. AHECB Policy Updates & Clarifications
5.1-College Mathematics
5.2-ICAC Rules
5.6-State Minimum Core
5.7-General Education Assessment (Repealed, Act 274 of 2007)
5.8-Freshman Assessment and Placement
5.11-Approval of New Programs and Units
5.12-Academic Program Review and Program Viability
5.14-Unconditional Admissions
5.18- Alternative Assessment Plans (Repealed, Act 274 of 2007)
5.22-Arkansas Transfer System