Transcript 15 to Finish Campaign

a campaign for
STUDENT SUCCESS
a campaign for
STUDENT SUCCESS
campaign overview
Why 15 to Finish?
• On-time graduation matters
• What we tell students matters
• There are big benefits to completing 15 credits
per semester
• Based on a successful initiative developed by the
University of Hawaii system (15% increase in 1 year)
a campaign for
STUDENT SUCCESS
the challenge
Not enough students graduate on time:
• ≤3 in 10 Hoosiers earn a four-year degree on time
• <1 in 10 Hoosiers earn a two-year degree on time
• An additional year of college can cost students
>$50,000 in extra tuition, lost wages and related
costs
a campaign for
STUDENT SUCCESS
the opportunity
Students who take ≥30 credits per year:
•
•
•
•
More likely to graduate on time
Earn better grades
Complete courses at a higher rate
Pay less for their degrees
CAMPUS ENGAGEMENT
a campaign for
STUDENT SUCCESS
the strategy
We are sharing the message multiple ways:
• Early awareness (Learn More Indiana outreach)
• On-campus engagement
– 15 to Finish materials to students
– In-person academies with student success staff
• Statewide media (targeting parents and families)
MESSAGES FOR STUDENTS
1. On-time is 15.
2. Choose the right 15.
3. It pays to take 15.
Resources
a campaign for
STUDENT SUCCESS
30/60/90 benchmark implications
Financial Aid Implications:
• Long-term: aid will run out before student
graduates
– 73% will take out more debt; 13% will drop out
• Short-term: less state financial aid next year
– Frank O’Bannon: lower award amount (9% less)
– 21st Century: no longer eligible; may get lower Frank
O’Bannon
SUCCESS DATA
a campaign for
STUDENT SUCCESS
the data
Data Timeline:
• 2012 Fall Cohort data available now; preliminary data
• HEA 1348 evaluation – for discussion this afternoon
INDIANA COLLEGES AND UNIVERSITIES
A significant portion of students are “on the bubble”
between 12 and 14 credits.
Students often equate
“full-time” status with
“on-time” graduation.
In a recent survey of state
financial aid recipients,
¾ students expected to
graduate on-time but
only half were attempting
enough credits to do so.
15 to Finish Target
INDIANA COLLEGES AND UNIVERSITIES
Students earn better grades when they take 15 or
more credits per semester.
Studies by the University of Hawaii show that even after controlling
for socioeconomic and academic preparedness variables, students
performed better at the 15-credit mark.
INDIANA COLLEGES AND UNIVERSITIES
Students who take 15 or more credits are more likely
to complete their courses.
And if students don’t complete their courses? Each additional year of
college costs students $50,000 in tuition, lost wages and related cost
AND state financial aid expires after four years.
15 to Finish Success: IUPUI
2009
29%
2010
29%
2011
27%
2012
28%
51%
2013
2014
63%
0
10
20
30
40
50
60
% of 15 Credit Hours or More Attempted; First Time, Full-Time Students
70
WRAPPING UP
a campaign for
STUDENT SUCCESS
misconceptions
Common Misconceptions:
• 15 credits is right for all students – no exceptions
• 15 to Finish targets part-time students
• Students who take 15 credits perform better
only because they are “better” students
a campaign for
STUDENT SUCCESS
key takeaways
Key Takeaways:
• 12 credits should be the exception, not the rule
• The message matters more than the materials
• Advisors play an important role in student
decisions (purposeful course-taking)
• 15 credits increases on-time completion and reduces
cost per degree