Tennessee Higher Education Commission Tennessee Promise: Years 1 and 2 Update Emily House Tennessee Higher Education Commission (THEC) James Snider Tennessee Student Assistance Corporation (TSAC) SHEEO Policy Meeting, Pittsburgh, PA August 10, 2016

Tennessee Higher Education Commission Drive to 55 Governor Bill Haslam’s attainment goal –By 2025, 55 percent of working age adults in Tennessee with have a postsecondary credential. –Goal set based on findings of A Decade Behind report from CEW (Carnevale and Smith, 2012) Currently: ~39 percent attainment –33.8 percent have AA or higher (ACS) –~4-5 percent (conservatively) have postsecondary certificates

Tennessee Higher Education Commission Structure of Tennessee Promise Last dollar scholarship for recent high school grads to attend a community or technical college in Tennessee –13 community colleges, 27 TCATs Students paired with a mentor –College-educated adult in community –Low-touch mentoring Eight hours of community service each term

COHORT 1: Entering Sophomore Year of College COHORT 2: Entering Freshman Year of College COHORT 3: Entering Senior Year of High School Estimated #: 9-10,000 students Next Deadine: 8/1 Comm Service Total cost: $15.2 million Estimated #: 16-17,000 students Next Deadine: 8/1 Comm Service Total cost: $26 million (includes Cohort 1) Estimated #: 60,000+ applicants Next Deadine: Application opened 8/1 Total cost: $32 million (all cohorts)

Tennessee Higher Education Commission Jan-Feb 5 First mandatory meeting February 15 FAFSA Completion Deadline Mar-April Second Mandatory Meeting August 1 Community Service Deadline Nov 1 Application Closes 43,105 38,165 31,985 22,500 58,000 Fall 2015: 16,291 enroll Public and Private HS Seniors: ~74,400 Tennessee Promise – Cohort

Tennessee Higher Education Commission Program Cost – Cohort 1 Average TN Promise award: $850 –Includes TN Promise students who did not receive TN Promise funds. –Exclude those who did not receive funds, average award is $1,700. Net program cost for : $15.2M

Tennessee Higher Education Commission Tennessee Promise – Cohort 1 Where TN Promise students enroll: –85 percent community colleges –13 percent technical colleges (TCATs) –2 percent Promise-eligible private institutions Of those who completed all requirements but did not enroll: –Four-year institutions –Private/out of state –Did not enroll

Tennessee Higher Education Commission Tennessee Promise – Year 1 TN Promise CC students FTF out of HS, Fall 2014 (CCs) FTF at CCs, Fall 2015 FTF at CCs, Fall 2014 Race White74%70%74%69% African Amer14%19%18%19% Hispanic4%5%3%4% Female56% Average ACT Average GPA Financial aid ANY Pell53% 55%51% FULL Pell34%40%33%40% Pell covers T&F45%53%44%51% TELS58%48%50%48%

Tennessee Higher Education Commission First-time Freshmen: Enrollment Fall 2015Fall 2014Delta FTF Enrollment TBR CCs21,67917, % TCATs10,4328, % TBR Universities10,97711, % UT7,6117, % TOTAL50,69946, %

Tennessee Higher Education Commission

College-going Rate Fall 2015 CGR: 62.5 percent –One-year increase of 4.6 percentage points (Fall 2014 CGR: 57.9 percent) –Approximately 4,000 new entrants into higher education in Tennessee. Most at CCs and TCATs, right out of high school

Tennessee Higher Education Commission CGR over time

Tennessee Higher Education Commission FAFSA filing Tennessee is #1 state for FAFSA filing –~70 percent of senior class (2015) filed a FAFSA. –Increase of 12 percentage points over 12 months. –Tennessee comprised 40 percent of all FAFSA growth nationwide in 2015.

Tennessee Higher Education Commission Loan take-up In Fall 2015, 17 percent fewer students originated federal loans, as compared to Fall –At some community colleges, decrease as much as 25 percent. Average federal loan amount decreased by ~12 percent

Tennessee Higher Education Commission Fall-Spring retention 80.6 percent of Tennessee Promise students persisted Fall-Spring. –78.5 percent at CCs –94.7 percent at TCATs In prior years: –~80 percent retention of first-time freshmen, right out of high school at CCs –~70 percent of ALL students at CCs

Tennessee Higher Education Commission Fall 2015 GPAs First-time, full time freshmen right out of high school at CCs: 2.03 –Lower than prior years. –Effect of co-requisite remediation model? Effect of increased enrollment? First-time, full time freshmen right out of high school at universities: 2.71 –Varies by institution; similar to prior years.

Tennessee Higher Education Commission Tennessee Promise Outreach Program Visibility –TN Promise Application Workshops –FAFSA Completion Assistance –Scholarship Saturday Regional Counselor Trainings –FAFSA Frenzy Mentor Trainings –In person and webinar

Tennessee Higher Education Commission TN Promise student support Summer Bridge program –Opportunity to test out of remedial courses TN Promise Forward grants –Success and support initiatives Community service opportunities –Statewide community services days

Tennessee Higher Education Commission Jan-Feb First mandatory meeting Feb 22 FAFSA Completion Deadline Mar-April Second mandatory meeting August 1 Community Service Deadline Fall 2016 Third mentor meeting Nov 2 Application Closes 51,464 48,959 59, Public and Private HS Seniors: ~75,000 Ongoing Year 2 – HS class of ,963

Tennessee Higher Education Commission Questions? Thank you!