1. New and Improved IPEDS Financial Aid and Finance Data and Analysis Tools for Student Aid Researchers
Craig W. Bowen
Postsecondary Institutional Studies Program National Center for Education Statistics K Street, NW Room Washington, DC

2. Recent and coming changes to the IPEDS student financial aid component
Overview
Recent and coming changes to the IPEDS student financial aid component
The new IPEDS Data Tool for accessing institutional data related to financial aid and finance
Other changes due to the Higher Education Opportunity Act (HEOA)
I changed result in to result of in the third bullet.

3. IPEDS Student Financial Aid Survey Component Changes
Financial Aid Data Collected in IPEDS Prior to This Year
Was very limited
For full-time first-time degree/certificate seeking students
Included number of students receiving aid and average amount of aid for these categories:
Any aid
Federal grants
State/local grants
Institutional grants
Loans

4. IPEDS Student Financial Aid Survey Component Changes
New Financial Aid Data Collected in and
NCES wanted to disaggregate some aid categories (break out Pell from other federal grants; break out loans from federal loans)
Initially introduced these changes as optional for
HEOA passed which caused us to have to make them—plus other additions—mandatory in
HEOA also caused us to collect more financial aid data for in order to report net prices

5. IPEDS Student Financial Aid Survey Component Changes
Groups of Interest in
All undergraduates (New group)
All full-time first-time degree/certificate-seeking undergraduate students
Data Availability for Collection Data
Data will be available on Data Center at the public level around Spring 2010

6. IPEDS Student Financial Aid Survey Component Changes
Additions in
All undergraduates
Total grant aid dollars received by all undergraduate students, from the federal government, a state or local government, the institution, and other sources known by the institution (New)
Total number of all students who received a Pell grant (New)

7. IPEDS Student Financial Aid Survey Component Changes
Additions in
Full-time first-time degree/certificate-seeking undergraduate students
Number of students receiving aid and average amount of aid for these categories
Any grants (New)
Federal grants
Pell grants (New)
Other federal grants (New)
State/local government grants
Institutional grants

8. IPEDS Student Financial Aid Survey Component Changes
Additions in
Full-time first-time degree/certificate-seeking undergraduate students
Number of students receiving aid and average amount of aid for these categories
Loans to students
Federal loans (New)
Other loans (New)

9. IPEDS Student Financial Aid Survey Component Changes
Clarification in Throughout these instructions the word “received” refers to aid that was awarded to, and accepted by, a student. This amount may differ from the aid that is disbursed to a student. For example, a student may accept aid that was awarded by the institution but then leave the institution prior to the aid being disbursed. In this case, because the student accepted the aid, please include this aid to the student in your report, even though the amount of aid was NOT actually disbursed to the student.

10. IPEDS Student Financial Aid Survey Component Changes
Several Items Will Be Added to IPEDS SFA for
Needed to calculate institutional net price for reporting on College Navigator and net price by income categories, as directed by HEOA

11. IPEDS Student Financial Aid Survey Component Changes
Timeline for Net Price on College Navigator
By July 1, 2010:
Three years of average net price
One year of net price data for Title IV aid recipients disaggregated by income
By July 1, 2013:
Three years of net price data for Title IV aid recipients disaggregated by income

12. IPEDS Student Financial Aid Survey Component Changes
Groups of Interest in
All undergraduates
All full-time first-time degree/certificate-seeking undergraduate students
Full-time first-time degree/certificate-seeking undergraduate students receiving grant aid (New subgroup)
Full-time first-time degree/certificate-seeking undergraduate students receiving Title IV aid (New subgroup)
Data Availability for Collection Data
Data will be available on Data Center around Spring 2011

13. IPEDS Student Financial Aid Survey Component Changes
Additions in
All undergraduates
Collecting total amounts awarded for each aid category rather than average amounts as with the collection

14. IPEDS Student Financial Aid Survey Component Changes
Additions in
Full-time first-time degree/certificate-seeking undergraduate students
Collecting total amounts awarded for each aid category rather than average amounts as with the collection

15. IPEDS Student Financial Aid Survey Component Changes
Additions in
Full-time first-time degree/certificate-seeking undergraduate students receiving grant aid
Of these students, what are their living arrangements?
On-campus, Off-campus with family, Off-campus not with family
For the three prior academic years
, ,

16. IPEDS Student Financial Aid Survey Component Changes
Additions in
Full-time first-time degree/certificate-seeking undergraduate students receiving Title IV aid
Of these students, what are their living arrangements?
On-campus, Off-campus with family, Off-campus not with family
For the most recent academic year ( )

17. IPEDS Student Financial Aid Survey Component Changes
Additions in
Full-time first-time degree/certificate-seeking undergraduate students receiving Title IV aid
Number of students receiving any grant aid and total grant aid received by these students for these income categories
$0-30,000
$30,001-48,000
$48,001-75,000
$75, ,000
$110,001 and more
For the most recent academic year ( )

18. IPEDS Student Financial Aid Survey Component Changes
Data Availability
All data elements collected through IPEDS reporting will be available though the Data Center

19. IPEDS Data Center
The new IPEDS Data Tool for accessing institutional data related to financial aid and finance

20. IPEDS Data Center
Brief tour of the Data Center
Example Data Access

22. IPEDS Data Center
Example. Compare the price of attendance for out-of-state full-time first-time students living on campus at public Master’s colleges and universities. (This example uses the Mid-East region and charges for the academic year.).

39. IPEDS Data Center Live Example
Example. Create a custom dataset that includes pricing data from the Institutional Characteristics component and financial aid data from the Student Financial Aid component for all 4-year institutions for the last 3 years of available data.

40. New and Improved IPEDS Financial Aid and Finance Data and Analysis Tools for Student Aid Researchers
Craig W. Bowen
Postsecondary Institutional Studies Program National Center for Education Statistics K Street, NW Room Washington, DC

41. Other IPEDS Changes Due to HEOA
Other changes due to the Higher Education Opportunity Act (HEOA)

42. Other IPEDS Changes Due to HEOA
Higher Education Opportunity Act of 2008 (PL )
Signed into law August 14, 2008
Has several provisions that mandate new reporting requirements (e.g., consumer info being reported for College Navigator through IPEDS, multi-year tuition calculator on Navigator)
Also has many new disclosure requirements (e.g., employment placement rates, graduation rates by federal aid categories, net price calculator) that institutions should be aware of but are not IPEDS

43. Other IPEDS Changes Due to HEOA
Reporting changes
There are many new items that NCES must report on the College Navigator website, which requires some additions to IPEDS
The “A to Z” consumer information list
Net Price Data
College Affordability Lists
Multi-year Tuition Calculator
State Higher Education Spending Charts

44. Other IPEDS Changes Due to HEOA
Timeline
8/14/09
Consumer information items
Multi-year tuition calculator
State spending chart (State-level information)
7/1/10
3 yrs of average net price
1 yr of average net price disaggregated by income 44

45. Other IPEDS Changes Due to HEOA
Timeline
7/1/11
College Affordability Lists (Sector-level information)
7/1/13
3 yrs of average net price disaggregated by income 45

46. Other IPEDS Changes Due to HEOA
Consumer Info Already in IPEDS
Mission statement
Admissions data
Pricing data
Completions/top areas of study
Enrollment data by status, level, gender, R/E; transfer-in data
Residency/migration data
Retention rates
Graduation rates 46

47. Other IPEDS Changes Due to HEOA
Consumer Info to be Added in IPEDS
Alternative tuition plans offered
Student-to-faculty ratio
Student financial aid:
Total grant aid $ award to all undergrads
Total # of all students who received Pell grant
Students with disabilities
100%, 150%, 200% graduation rates

48. Other IPEDS Changes Due to HEOA
College Affordability Lists
NCES must post to College Navigator by 7/1/11
6 lists for each of 9 sectors

49. Other IPEDS Changes Due to HEOA
Multi-year Tuition Calculator
NCES must post to College Navigator by 8/14/09
Will allow users to calculate estimated tuition and fees for normal duration of a program at an institution
Will use price of attendance data from IC
Will determine estimated annual % change based on most recent 3 yrs of data
Will take into account guaranteed tuition plans

50. Other IPEDS Changes Due to HEOA
State Higher Education Spending Charts
NCES must post to College Navigator; goal date: August 2009
For each state for each of the 5 most recent preceding academic years % change in:
(1) spending per FTE student at all public institutions;
(2) tuition and fees for such students for all public institutions; and
(3) the total amount of need-based aid and merit-based aid provided by such State to FT students enrolled in public institutions
NCES plans to use exiting IPEDS data; no additions to IPEDS

51. New and Improved IPEDS Financial Aid and Finance Data and Analysis Tools for Student Aid Researchers
Craig W. Bowen
Postsecondary Institutional Studies Program National Center for Education Statistics K Street, NW Room Washington, DC