Dunbar Community Center Presentation 2010

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Transcript Dunbar Community Center Presentation 2010

The “NEW”
Arkansas Academic Challenge
Scholarship
Jim Purcell
A new day for Scholarships
in Arkansas. . .
and how it will change higher education
Jim Purcell
Financial Aid Applications
as of March 30, 2010
• Academic Challenge Scholarship
– Nontraditional 16,483
– Traditional 12,849
•
•
•
•
•
•
•
GO! Opportunities Grant 18,171
Workforce Improvement Grant 6,948
Governor's Scholars Program 6,100
Teacher Opportunity Program 1,020
Arkansas Single Parent Scholarship Fund 428
State Teacher Education Program 395
Military Dependents Scholarship 288
• Academic Challenge:
–
–
–
–
–
$2,500 for Community College students
$5,000 for University students
Traditional Students --$53 million
Adult learners/returning students --$12 million
Current Achievers --$43 million
• for 2010 to be phased out over the next 3 years.
– The scholarship criteria for continuing eligibility
are designed to encourage speed to graduation.
• Expansion of need-based aid to Adults
It is our hope that the Arkansas Academic
Challenge Lottery Scholarship will:
--increase student success
--reduce student loans
--prepare more students for high wage high demand jobs
benefit Arkansas’s economy
Outreach:
SayGoCollege
Career Coaches
“NEW” Academic Challenge
• Increase participation of direct-from-highschool students from 3,600 to over 10,000
annually
• Projected to serve over 29,000 students
during the 2010-11 academic year
Arkansas Academic Challenge
Scholarship
• Student categories
– Traditional
– Current Achiever
– Nontraditional
General Eligibility
Requirements
•
•
•
•
•
U.S. Citizen or Lawful Permanent Resident
Arkansas Resident
Attend an eligible Arkansas Institution
Satisfactory Academic Standing
Continuing Eligibility Requirements
Academic Challenge Scholarship
• Scholarships awarded under the “NEW” Academic Challenge
will begin Fall 2010
• NO INCOME REQUIREMENT
• Aligned with Smart Core
• Basic eligibility criteria
– Traditional Students
• Accepted for admission at an approved institution of higher
education as a full-time student in a program of study that leads
to a baccalaureate degree, associate degree, qualified certificate
or a nursing school diploma
• Applicant must complete the YOUniversal Scholarship Application
and the FAFSA
Academic Challenge Scholarship
Traditional
– Traditional Student requirements (cont..)
Must meet one of the following criteria:
– Graduate from an Arkansas public high school, successfully
complete the Smart Core curriculum and achieve a 2.5 high
school GPA OR obtain a 19 on the ACT
– (before 2014 -- No Smart Core), Graduate from an Arkansas
public high school, achieve a 2.5 high school GPA AND obtain
a 19 on the ACT OR score proficient on all state-mandated
end-of-course assessments
– If student graduates from an Arkansas public high school that
Grade
is identified as a school in which 20% or more of the students
Inflation
received a letter grade of “B” or higher but did not score
Clause
proficient or higher on the end-of-course assessment, the
Delayed
student must achieve a 2.5 high school GPA AND obtain a 19
Until
on the ACT OR score proficient on all state-mandated end2011
of-course assessments
Academic Challenge Scholarship
Traditional
– If a student has a disability identified under the Individuals
with Disabilities Education Act and graduated from an
Arkansas public high school but did not complete the
Smart Core because of the applicant’s individualized
education program, the student must achieve a 2.5 high
school GPA AND obtain a 19 on the ACT OR score
proficient on all state-mandated end-of-course
assessments
– Graduate from a private, out-of-state high school or home
school and achieve a 19 on the ACT
Academic Challenge Scholarship
Traditional
Continued Eligibility Criteria:
– Maintain a 2.50 cumulative GPA
– Complete 27 semester hours the first academic year
and 30 semester hours each year thereafter
– Complete all remedial coursework during the first 30
hours taken after receipt of the scholarship
– Renewed annually until recipient first:
1. Earns Bachelor’s degree
2. Attempts a total of 130 semester hours in 8 semesters
The Lottery Act requires students to:
--- complete remediation within the first 30 hours of coursework
--- take 15 hours each semester (traditional first term Freshmen can take 12)
--- 8 semesters going full-time
Academic Challenge Scholarship
Current Achievers
– Current Achievers
• Accepted for admission at an approved institution of
higher education as a full-time student in a program
of study that leads to a baccalaureate degree,
associate degree, qualified certificate or a nursing
school diploma
• Applicant must complete the YOUniversal
Scholarship Application and the FAFSA
Academic Challenge Scholarship
Current Achievers
Current Achievers
• Must meet all of the following criteria
– Entered college before the 2010-11 academic year as a
full-time first-time freshman within 12 months after
graduating high school
– Has been continuously enrolled (fall and spring),
completing at least 12 hours each semester, since high
school graduation
– Has completed at least 12 semester credit hours at an
approved Arkansas institution
– Achieved a 2.5 postsecondary GPA
Academic Challenge Scholarship
Current Achievers
Continued Eligibility Criteria:
– Maintain a 2.50 cumulative GPA
– Complete 15 semester hours each consecutive
semester (Fall & Spring)
– Complete all remedial coursework during the first 30
hours taken after receipt of the scholarship
– Enroll in courses that lead toward a Bachelor’s
degree after attempting the lesser of:
1. 66 semester hours
2. Completion of an associate degree program
– Renewed annually until recipient first:
1. Earns Bachelor’s degree
2. Attempts a total of 130 semester hours in 8 semesters
Funding CAP for
Current Achievers
• Current Achiever student funding:
– $41.5 Million for 2010-2011
– If sufficient funds are not available, awards
will be prioritized
• Level of progress toward completion of their baccalaureate or
associate degree, certificate program or nursing diploma
• Highest cumulative GPA
• Students majoring in an area identified as a critical workforce need,
and the STEM fields
Academic Challenge Scholarship
Nontraditional
Nontraditional Students
• Accepted for admission at an approved institution of
higher education as a full-time or part-time student
in a program of study that leads to a baccalaureate
degree, associate degree, qualified certificate or a
nursing school diploma
• Applicant must complete the YOUniversal
Scholarship Application and the FAFSA
Academic Challenge Scholarship
Nontraditional
– Nontraditional Students
• Must meet one of the following criteria
– Graduate from an Arkansas public high school and
achieved a 2.5 high school GPA or obtained a 19 on the
ACT; or
– Graduated from a private high school, out-of-state high
school or home school and achieved a 19 on the ACT; or
– Has completed at least 12 semester credit hours and
achieved a 2.5 postsecondary GPA.
Limited Funds for
Nontraditional Students
• Majority of Scholarship funds are targeted
to students directly out of high school and
current achievers
• Nontraditional student funding:
– $12 Million for 2010-2011
– In future years, ADHE will recommend more
or less depending on usage of the scholarship
and lottery revenue
Distribution of funds to nontraditional students
Student applies for the Arkansas Academic
Challenge via the universal application
Indicates they are desiring to
attend a CC or University
Delayed: 1/2
•
ACT/SAT/ Compass or equivalent score with priority
given to those not requiring remediation
Different buckets of funds
CC students would compete with
CC students
University Students would
compete with University Students
Delayed
Earn-in
$$$ divided equally among
nontraditional categories
Earn-In: 1/2
•
•
•
Level of progress toward completion of their
baccalaureate or associate degree, certificate
program or nursing diploma
Highest cumulative GPA
Students majoring in an area identified as a
critical workforce need, and the STEM fields
Academic Challenge Scholarship
Nontraditional
Continued Eligibility Criteria:
–
–
–
–
Maintain a 2.50 cumulative GPA
Complete 15 semester hours each semester (Fall and Spring)
if a full-time student and at least 6 semester hours each
semester if a part-time student
Complete all remedial coursework during the first 30 hours
taken after receipt of the scholarship
Renewed annually until recipient first:
1. Earns Bachelor’s degree
2. Attempts a total of 130 semester hours in 8 semesters for a fulltime students and up to 16 semesters for part-time students
Academic Challenge Scholarship
• Award amounts:
– $5,000 per year for full-time students at a 4year institution
– Scholarship at a 2-year college will be onehalf (50%) of the scholarship award amounts
for 4-year institution
– Award amounts will be prorated for part-time
students
•
•
½ award amount – 6-8 hours
¾ award amount – 9-14 hours
Academic Challenge Scholarship
Application Deadline Dates:
– Traditional Students
• June 1 of senior year in high school
– Current Achiever Students
• June 1 for the Fall term
• November 1 for the Spring term
– Nontraditional Students
• June 1 for the Fall term
• November 1 for the Spring term
Other Details
• Consent forms – student receiving any form of statesupported financial aid will be required to complete a
consent form before any state funds are released to
the student
– ADHE will collect form from students that receive an ADHE
scholarship/grant
– Institutions will collect form from students awarded statesupported financial aid solely by the institution.
• Stacking -- Students cannot get funds beyond the
cost of attendance
– Example: UALR Cost of Attendance = $18,000
• The most you can get in aid is $18,000 in state financial aid.
• Pell grant will be in addition to the $18,000.
civic involvement
volunteer activity by
education levels
50%
45.6% (60 hours)
Percentage Volunteering
B.A. or Higher
40%
34.1%
(52 hours)
Some College
30%
21.7%
(48 hours)
20%
10%
High School
Diploma
9.9%
(48 hours)
Less Than
High School
Diploma
0%
Bureau of Labor Statistics. (2003). Volunteering in the United States, 2003. USDL03-888. U.S. Department of Labor.
civic involvement
blood donation by
education level, 1994:
percentage who donate regularly
Percentage Donating Blood
20%
17%
13%
15%
11%
B.A. or Higher
Some College
High School
Diploma
10%
6%
5%
Less Than
High School
Diploma
0%
Source: DBD Worldwide. (2000). DBD Lifestyle Survey. Chicago. Available at www.bowlingalone.com.
government
participation assistance
programs
education level
24.3%
Less Than
High School
Diploma
10.2%
High School
Diploma
4.6%
Some College
& Bachelor’s
Degree or More
Ever Participated in Assistance Programs
Source: Postsecondary Education Opportunity, May 28, 1997, pg 47.
government
incarceration rates by
education levels
Percentage Incarcerated
2.5%
2.0%
1.5%
1.9%
Less Than
High School
Diploma
1.2%
1.0%
0.5%
High School
Diploma
0.3%
Some College
0.0%
0.1%
B.A. or Higher
Source: Harlow, C.W. (2003). Education and Correctional Populations. Bureau of Justice Statistics,
Department of Justice. NCJ195670.
economic
Percent Below Poverty
Threshold, 2004
Percentage Home Ownership
40%
32%
30%
Less Than
High School
Diploma
20%
15%
10%
High School
Diploma
10%
Some College
0%
Census Bureau
4%
B.A. or Higher
economic
unemployment rates and
education level, 2004
9.7%
10
8
Less Than
High School
Diploma
7.5%
High School
Diploma
6
5.1%
Some College
4
2
0
Source: Employment Policy Institute
4.6%
B.A. or Higher
Quality of Life
Home Ownership
80%
Percentage Home Ownership
75%
B.A. or Higher
69%
70%
60%
High School
Diploma
66%
Some College
58%
Less Than
High School
Diploma
50%
Census Bureau, American Housing Survey for the United States:2005
Safety
Seatbelt Use
while intoxicated, 1990
percentage who use seatbelt
78%
Percentage Donating Blood
80%
66%
B.A. or Higher
60%
52%
40%
39%
Less Than
High School
Diploma
20%
Some College
41%
High School
Diploma
31%
20%
15%
0%
Source: American Journal of Public Health
175
125
Income ($000)
Average family
income
by educational
attainment,
2003
150
100
75
50
25
Source: Postsecondary Education
Opportunity, 2005
0
LT-9 9-12 HSG Some AA BA
College
MA
PhD Prof
The Impact of Education on Individuals:
Lifetime Earnings
Estimated
Lifetime
Earnings
Difference
Compared to
High School Graduate
Less than 9th grade
$976,350
-$478,903
High school dropout
1,150,698
-304,555
High school graduate
1,455,253
0
Some college, no degree
1,725,822
270,569
Associate degree
1,801,373
346,120
Bachelor's degree
$2,567,174
$1,111,921
Master's degree
2,963,076
1,507,823
Doctorate
3,982,577
2,527,324
Professional degree
5,254,193
3,798,940
Education Level
Source: Federal Reserve Bank of Dallas, 2005
At the end of WWII, the U.S
made a bold decision to invest
in the future of its economy by
providing $1.9 billion annually
to the education of returning
veterans of the war. This
commitment to human capital
helped enable the WWII
generation to become the
“greatest generation.”
Possibly, Arkansas’s greatest
generation is at the
schoolhouse door waiting for
the opportunity to propel
Arkansas into the global
economy.
Jim Purcell
[email protected]
501-371-2030