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An Overview of State-Level Financial Aid and Outreach Services Presented at the FALL REGIONAL SCHOOL COUNSELOR WORKSHOPS October 1, 2009.

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Presentation on theme: "An Overview of State-Level Financial Aid and Outreach Services Presented at the FALL REGIONAL SCHOOL COUNSELOR WORKSHOPS October 1, 2009."— Presentation transcript:

1 An Overview of State-Level Financial Aid and Outreach Services Presented at the FALL REGIONAL SCHOOL COUNSELOR WORKSHOPS October 1, 2009

2 West Virginia Higher Education Policy Commission Scholarships Institutional External Grants Federal State Loans Federally Sponsored Student Loans Private or Alternative Student Loans Employment College Work-Study Off-Campus Employment Types of Financial Aid

3 West Virginia Higher Education Policy Commission Institutional Private State Federal Primary Sources of Student Financial Assistance

4 West Virginia Higher Education Policy Commission Merit-Based Aid Need-Based Aid –Gift Aid –Self-Help Aid Two Primary Categories of Aid

5 West Virginia Higher Education Policy Commission Free Application for Federal Student Aid (FAFSA) 2010-2011 FAFSA will be available January 1, 2010 Paper version will be available to students by calling 1.800.4FEDAID PDF version of the FAFSA can be downloaded at www.federalstudentaid.ed.gov www.federalstudentaid.ed.gov Electronic version of the FAFSA (FAFSA on the web) www.fafsa.ed.govwww.fafsa.ed.gov Student and parent should apply for a Personal Identification Number (PIN) at www.pin.ed.gov for use as an electronic signature for FAFSA on the webwww.pin.ed.gov

6 West Virginia Higher Education Policy Commission State Financial Aid Programs 2009-10 Funding Levels Program2009-10 Funding PROMISE Scholarship$45,000,000 Higher Education Grant$34,333,200 Higher Education Adult Part-Time Students Grant $5,004,027 Engineering, Science, and Technology Scholarship $470,473 Underwood-Smith Teacher Scholarship $141,142 Total$84,948,842

7 West Virginia Higher Education Policy Commission Funding for Student Aid Source: NASSGAP 2007-08 West Virginia ranks 7 th nationally with respect to grant aid per FTE as a result of significant investments in the PROMISE Scholarship Program.

8 West Virginia Higher Education Policy Commission PROMISE Scholarship Program

9 West Virginia Higher Education Policy Commission PROMISE Scholarship Program Changes & Updates 2010 High School Graduates Senate Bill 373 adopted during the 2009 legislative session created an award floor of $4,750 Stabilized program funding; thus, academic eligibility standards will not change for the 2010 graduating class –22 ACT Composite with a minimum 20 in each subject area –1020 SAT Combined Score with a minimum score of 490 in Critical Reading and 480 in Mathematics Final test dates to establish eligibility will be extended to June 12 for the ACT and June 5 for the SAT

10 West Virginia Higher Education Policy Commission PROMISE Scholarship Program Changes & Updates 2010 High School Graduates 2010-2011 Free Application for Federal Student Aid (FAFSA) must be filed by March 1, 2010 Application for State-Level Financial Aid must be completed on-line by March 1, 2010. The www.wvapply.com website will close beginning with the 2010-2011 PROMISE Scholarship application. Students will apply through the College Foundation of West Virginia website, www.cfwv.com.

11 West Virginia Higher Education Policy Commission Higher Education Grant Program

12 West Virginia Higher Education Policy Commission Highlights of Program Rule Changes Adopted During the 2009 Legislative Session Eliminates the Application for State Level Financial Aid. Provides that the filing of the FAFSA by an individual indicating West Virginia as their state of legal residence will be considered an application for the Higher Education Grant. Eliminates the points formula (GPA x 12.5 + ACT composite or SAT equivalent = 45 or higher) for high school graduates within five years of enrollment and replaces it with requirements that a student meet institutional admission standards and have a cumulative high school GPA of 2.0 or higher.

13 West Virginia Higher Education Policy Commission Highlights of Program Rule Changes Adopted During the 2009 Legislative Session Eliminates the March 1 priority date for awards. This will provide greater flexibility to adjust priority dates and deadlines and to make awards based on the amount of funds available and state policy priorities, while ensuring accountability through commission and council review. Eliminates the provision that awards at non-for-profit private institutions and for-profit private institutions shall not exceed the prior year average award at comparable institutions. This will allow for flat awards across all types of institutions for students with the same amount of financial need.

14 West Virginia Higher Education Policy Commission Higher Education Grant Award Schedule 2009-10 Award Year 2009-10 Expected Family Contribution ( EFC) Maximum Annual Higher Education Grant Award $0 – $4,617$3,300 $4,618 - $5,100$3,000 $5,101 - $5,600$2,500 $5,601 - $6,100$2,000 $6,101 +$1,500

15 West Virginia Higher Education Policy Commission Philip Barbour High School2651 BARBOUR COUNTY TOTAL2651 Faith Christian Academy65 Hedgesville HS4928 Martinsburg Christian01 Martinsburg Senior HS6665 Musselman HS5732 BERKELEY COUNTY TOTAL178131 Scott HS2915 Sherman HS137 Van HS58 BOONE COUNTY TOTAL4730 Braxton County HS2744 BRAXTON COUNTY TOTAL2744 Brooke HS4148 BROOKE COUNTY TOTAL4148 Cabell Midland HS8759 Grace Christian51 Huntington HS6269 St. Joseph Central HS104 CABELL COUNTY TOTAL164133 PROMISE Scholars & Higher Education Grant Awards SchoolPROMISEHEG

16 West Virginia Higher Education Policy Commission Calhoun County HS627 CALHOUN COUNTY TOTAL627 Clay Christian Academy11 Clay County HS1123 CLAY COUNTY TOTAL1224 Doddridge County HS924 DODDRIDGE COUNTY TOTAL924 Fayetteville HS725 Meadow Bridge HS514 Midland Trail HS919 Mount Hope HS415 Mountain View Christian02 Oak Hill HS1833 Valley HS33 FAYETTE COUNTY TOTAL46111 Gilmer County HS1614 GILMER COUNTY TOTAL1614 Petersburg HS1835 Union Educational Complex34 GRANT COUNTY TOTAL2139 PROMISE Scholars & Higher Education Grant Awards SchoolPROMISEHEG

17 West Virginia Higher Education Policy Commission Anthony Correctional Center06 Greenbrier East HS4047 Greenbrier West HS933 GREENBRIER COUNTY TOTAL4986 Hampshire HS3128 WV School for the Blind02 HAMPSHIRE COUNTY TOTAL3130 Madonna HS95 Oak Glen HS1927 Weir HS3724 HANCOCK COUNTY TOTAL6556 East Hardy County HS1420 Moorefield HS159 HARDY COUNTY TOTAL29 Bridgeport HS7430 Emannuel Christian School32 Liberty HS2024 Lincoln HS1319 Notre Dame HS53 Robert C Byrd HS2623 South Harrison HS1513 HARRISON COUNTY TOTAL156114 PROMISE Scholars & Higher Education Grant Awards SchoolPROMISEHEG

18 West Virginia Higher Education Policy Commission Ravenswood HS3818 Ripley HS4649 Jefferson HS6946 Washington HS1812 JEFFERSON COUNTY TOTAL171125 Capital HS4854 Charleston Catholic323 Cross Lanes Christian171 Elk Valley Christian21 George Washington HS10937 Herbert Hoover HS2030 Nitro HS5234 Riverside HS2950 Sissonville HS3128 South Charleston HS5265 St. Albans HS4734 Collaborative School25 KANAWHA COUNTY TOTAL441342 Lewis County HS1927 LEWIS COUNTY TOTAL1927 PROMISE Scholars & Higher Education Grant Awards SchoolPROMISEHEG

19 West Virginia Higher Education Policy Commission Hamlin HS01 Lincoln County HS1550 LINCOLN COUNTY TOTAL1551 Beth Haven Christian02 Chapmanville Regional HS1930 Logan HS2223 Man HS1416 LOGAN COUNTY TOTAL5571 East Fairmont HS4319 Fairmont Senior HS4834 North Marion HS4035 MARION COUNTY TOTAL13188 Bishop Donahue HS57 Cameron HS76 John Marshall HS5565 MARSHALL COUNTY TOTAL6778 Hannan HS1016 Point Pleasant HS2737 Wahama HS314 MASON COUNTY TOTAL4067 PROMISE Scholars & Higher Education Grant Awards SchoolPROMISEHEG

20 West Virginia Higher Education Policy Commission Big Creek HS214 Iaeger HS118 Mount View HS629 McDOWELL COUNTY TOTAL961 Bluefield HS2124 Moncalm HS310 Pikeview HS1816 Princeton Senior HS4031 MERCER COUNTY TOTAL8281 Frankfort HS3714 Keyser HS3046 MINERAL COUNTY TOTAL6760 Burch HS813 Gilbert HS1316 Magnolia/Matewan HS312 Regional Christian School21 Tug Valley HS1112 Williamson HS411 MINGO COUNTY TOTAL4165 Clay-Battelle HS510 Morgantown Christian Academy31 Morgantown HS12737 Trinity Christian School113 University HS6637 MONONGALIA COUNTY TOTAL21288 PROMISE Scholars & Higher Education Grant Awards SchoolPROMISEHEG

21 West Virginia Higher Education Policy Commission James Monroe HS1034 MONROE COUNTY TOTAL1034 Berkeley Springs HS2026 Paw Paw HS01 MORGAN COUNTY TOTAL2027 New Life Christian Academy41 Nicholas County HS3444 Richwood HS523 NICHOLAS COUNTY TOTAL4368 Central Catholic HS3926 Mount Dechantal Academy11 The Linsly School143 Wheeling Park HS11153 OHIO COUNTY TOTAL16583 Pendleton County HS914 PENDLETON COUNTY TOTAL914 St. Mary's HS1819 PLEASANTS COUNTY TOTAL1819 Pocahontas County HS1528 POCAHONTAS COUNTY TOTAL1528 Mountaineer Challenge Academy113 Preston HS4445 PRESTON COUNTY TOTAL4558 PROMISE Scholars & Higher Education Grant Awards SchoolPROMISEHEG

22 West Virginia Higher Education Policy Commission Buffalo Putnam HS1519 Calvary Baptist Academy30 Hurricane HS7333 Poca HS1629 Teays Valley Christian52 Winfield HS6027 PUTNAM COUNTY TOTAL172110 Academy of Careers and Tech01 Greater Beckley Christian84 Independence1817 Liberty HS1026 Mountain State University Academy73 Shady Spring HS2924 Victory Baptist Academy10 Woodrow Wilson HS5444 RALEIGH COUNTY TOTAL127119 Elkins HS4352 Harman HS09 Pickens HS11 Tygarts Valley HS722 RANDOLPH COUNTY TOTAL722 Ritchie County HS1311 RITCHIE COUNTY TOTAL1311 PROMISE Scholars & Higher Education Grant Awards SchoolPROMISEHEG

23 West Virginia Higher Education Policy Commission Roane County HS2750 ROANE COUNTY TOTAL2750 Summers County HS1121 SUMMERS COUNTY TOTAL1121 Grafton HS2331 TAYLOR COUNTY TOTAL2331 Davis Center School02 Tucker County HS18 TUCKER COUNTY TOTAL1820 Tyler Consolidated HS2225 TYLER COUNTY TOTAL2225 Buckhannon Upshur HS2750 UPSHUR COUNTY TOTAL2750 Buffalo HS (Wayne)01 Ceredo Kenova HS02 Spring Valley HS4344 Tolsia HS1940 Wayne County HS1939 WAYNE COUNTY TOTAL81126 PROMISE Scholars & Higher Education Grant Awards SchoolPROMISEHEG

24 West Virginia Higher Education Policy Commission Webster County HS1024 WEBSTER COUNTY TOTAL1024 Hundred HS712 Magnolia HS2132 Paden City HS411 Valley HS (Wetzel)815 WETZEL COUNTY TOTAL4070 Wirt County HS928 WIRT COUNTY TOTAL928 Parkersburg Catholic HS67 Parkersburg HS7739 Parkersburg South HS7971 Williamstown HS2311 Wood County Christian52 WOOD COUNTY TOTAL190130 Oceana HS01 Pineville HS01 West Side HS1016 Wyoming County East HS1621 WYOMING COUNTY TOTAL2639 PROMISE Scholars & Higher Education Grant Awards SchoolPROMISE HEG

25 West Virginia Higher Education Policy Commission Overall PROMISE & Higher Ed Grant Totals PROMISE ScholarsHigher Ed Grant GRAND TOTAL34013402

26 West Virginia Higher Education Policy Commission Higher Education Adult Part-Time Student (HEAPS) Grant

27 West Virginia Higher Education Policy Commission Higher Education Adult Part-Time Student (HEAPS) Grant Need-based grant Decentralized administration Two programs components –Traditional part-time enrollment –Workforce Development FAFSA required for determination of traditional part- time enrollment, but application deadlines will vary among institutions Maximum award cannot exceed part-time tuition and fee charges

28 West Virginia Higher Education Policy Commission Additional Scholarships Engineering, Science, and Technology Scholarship Underwood-Smith Teacher Scholarship Robert C. Byrd Honors Scholarship

29 West Virginia Higher Education Policy Commission Engineering, Science and Technology Scholarship Merit-based scholarship/forgivable loan March 1 application deadline 3.0 overall GPA Enrolled or accepted for enrollment full-time in an engineering, science or technology program (4-yr, 2-yr or certificate) Maximum annual award amount is $3,000

30 West Virginia Higher Education Policy Commission Merit-based scholarship/forgivable loan March 1 application deadline Must be enrolled as a full-time student in a course leading to a certification as a teacher at the pre-K, elementary, middle or secondary level Must have a 3.25 GPA after completing 2 years of course work (due to limited funding, high school applicants are not eligible) Maximum annual award amount is $5,000 Underwood-Smith Teacher Scholarship

31 West Virginia Higher Education Policy Commission Merit-based scholarship Maximum annual award amount is $1,500 Must be nominated by high school counselor or principal, limited applications 2009-10 average GPA for new recipients was 3.87 and average ACT was a composite of 33 Robert C. Byrd Honors Scholarship

32 West Virginia Higher Education Policy Commission School Counselor Resources College Access Campaign and Educational Portal College Goal Sunday Program Program Rule Changes to Enhance Access to Need-Based Financial Aid Programs Efforts to Breakdown Barriers to Postsecondary Education

33 West Virginia Higher Education Policy Commission School Counselor Resources Financial Aid Administrators available to present financial aid workshops Printed and electronic information Financial Aid Management System (FAMS) website Statewide Education Portal

34 West Virginia Higher Education Policy Commission

35 A partnership between the 21 st Century Jobs Cabinet, the West Virginia Higher Education Policy Commission, the West Virginia Council for Community and Technical College Education and a host of individual college access entities; such as GEAR UP, who have broad experience in helping students prepare, apply and pay for college The CFWV is modeled after broadly acclaimed college access efforts in North Carolina, Kentucky and Oklahoma The College Foundation of West Virginia (CFWV)

36 West Virginia Higher Education Policy Commission Through the creation of a unified outreach and marketing campaign (Learn More. Earn More.) students and their families will be provided with a single source of information to help them prepare for and finance their college education The centerpiece of the outreach and marketing campaign will be the creation of a web portal (www.cfwv.com), an integrated system designed to assist students in the college search, selection and application processwww.cfwv.com Marketing & Outreach

37 West Virginia Higher Education Policy Commission Marketing & Outreach Equally as important as the web portal (www.cfwv.com) is an outreach campaign (Learn More. Earn More.) aimed at stressing the importance and benefits of postsecondary training. While these resources will be available for all West Virginians, the outreach campaign (Learn More. Earn More.) will especially target at-risk student groups such as low income, first generation and other underserved populationswww.cfwv.com

38 West Virginia Higher Education Policy Commission The interactive educational web portal consists of 5 modules: Career Planning High School Planning College Planning Financial Aid Planning Portfolio Overview of the Web Portal

39 West Virginia Higher Education Policy Commission Implementation grant was awarded to the HEPC in August 2009. An all volunteer effort to provide information about the availability of financial aid and assistance in filling out the paperwork (FAFSA) to apply for aid 16 potential sites have been identified for the first program on February 21, 2010. The tentative sites are as follows: –Marshall Community and Technical College (Huntington) –Marshall University, Mid-Ohio Valley Center (Pt. Pleasant) –Potomac State College (Keyser) –Shepherd University (Shepherdstown) –Southern WV Community & Technical College (Logan Campus) –WV Northern Community College (Wheeling Campus) College Goal Sunday Program

40 West Virginia Higher Education Policy Commission High schools and other locations: – Braxton County High School (Flatwoods) – Capital High School (Charleston) – Lincoln County High School (Hamlin) – Monongalia County Technical Center (Morgantown) – Ripley High School (Jackson County) Site to be determined: – Mercer, Raleigh, Harrison, and Greenbrier counties College Goal Sunday Program

41 West Virginia Higher Education Policy Commission Contact Information Jack Toney Director, State Financial Aid Programs WV Higher Education Policy Commission 1018 Kanawha Boulevard, East Charleston, West Virginia 25301 toney@hepc.wvnet.edu 304.558.4417 or 1.888.825.5707


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