FY 2017 State Program Regulations Pennie Strong Vice President, Student Aid Services GASFAA Spring Conference 2016 June 1, 2016 9/16/2018 2016 GASFAA Conference

Agenda FY 2016 and FY 2017 Budget Changes to all Regulations Changes to Specific Program Regulations FY 2016 Invoicing and Year-End Reconciliation Deadlines FY 2017 Invoicing and Year-End Reconciliation Deadlines GAfutures and SURFER Dates 9/16/2018 2016 GASFAA Conference

Georgia Student Finance Commission Budget Georgia Student Finance Commission FY 2016 Budget Amended FY 2016 Budget HB 750 FY 2017 Budget HB 751 HOPE/Zell Miller Scholarships- Public $ 463,360,413 $ 493,686,600 $ 522,496,534 HOPE/Zell Miller Scholarships- Private $ 47,916,330 HOPE Grant, Zell Miller Grant, SIWDG $ 109,059,989 HOPE GED Grant $ 1,930,296 Total $ 622,267,028 $ 652,593,215 $ 681,403,149 9/16/2018 2016 GASFAA Conference

Georgia Student Finance Authority Budget Georgia Student Finance Authority FY 2016 Budget Amended FY 2016 Budget HB 750 FY 2017 Budget HB 751 Tuition Equalization Grant $ 22,762,344 $ 22,762,344 $ 21,224,952 University of North Georgia ROTC Grant $ 1,237,500 University of North Georgia Military Scholarship $ 2,308,168 $ 2,833,976 $ 3,037,740 Georgia Military College Military Scholarship $ 1,203,240 HERO Scholarship $ 800,000 $ 700,000 Scholarship for Engineering Education $ 1,029,000 $ 1,060,500 Scholarship for Engineering Education for Minorities $ 2,700,000 $ 2,200,000 Student Access Loan $ 27,000,000 $ 27,000,000 Georgia National Guard Service Cancelable Loan - $ 100,000 Animal Veterinarian Loan Repayment Program Move On When Ready $ 28,892,039 $ 49,125,863 $ 58,318,219 REACH Georgia Scholarship $ 2,000,000 $ 2,750,000 Total $ 89,932,291 $ 110,691,923 $ 118,932,151 9/16/2018 2016 GASFAA Conference

Changes to All Regulations 9/16/2018 2016 GASFAA Conference

Changes to All Regulations Revised “Defaulted Loan or Refund Due” section of each regulation to distinguish between the resolution of default status for federal loans and Georgia loans Federal default status may be cleared in five ways: New: satisfactory repayment plan as resolution for a federal defaulted loan Completing an acceptable rehabilitation plan Having the loan repurchased by the original lender and the default status reversed Consolidating the loan out of a default status Receiving an approved Title IV debt settlement, to include a compromised settlement State default status may be cleared: Paid in Full 9/16/2018 2016 GASFAA Conference

Regulation Changes to All HOPE & Zell Miller Programs HOPE Scholarship, Zell Miller Scholarship, HOPE Grant, and Zell Miller Grant Military Personnel, attending a USG or TCSG institution, granted an Out-of-State Tuition Waiver or Exemption meet Georgia Residency Requirements Clarified that students who graduate from high school pursuant to a petition to the school board pursuant to O.C.G.A. § 20-2-281.1 are not eligible to receive retroactive payment for postsecondary coursework taken prior to the student’s petition date 9/16/2018 2016 GASFAA Conference

Regulation Changes to HOPE & Zell Miller Scholarships HOPE & Zell Miller Scholarship at Public & Private Institutions Added certain advanced computer science classes selected by the Georgia Department of Education to the list of coursework accepted for purposes of Academic Rigor (HB 801) 9/16/2018 2016 GASFAA Conference

Regulation Changes to HOPE & Zell Miller Scholarships HB 801 effective Fall Term 2017 (FY 2018) Specific science, technology, engineering and mathematics (STEM) postsecondary coursework identified by the Board of Regents of the University System of Georgia in consultation with the Technical College System of Georgia, the Department of Economic Development and private Eligible Postsecondary Institutions Academically rigorous and required for or leading to employment in high demand fields in Georgia in science, technology, engineering and mathematics Grades of B, C or D given an additional 0.5 point The approved course list will be posted on the website 9/16/2018 2016 GASFAA Conference

Regulation Changes to HOPE Scholarship HOPE Scholarship at Public & Private Institutions Changed the eligibility requirements for Home Study students, graduates from a high school that is not an Eligible High School, and GED Recipients who apply for HOPE Scholarship at the first tier by reducing the required percentile test score on the ACT or SAT from 80th to 75th (HB 798) No change to the HOPE Award Amounts 9/16/2018 2016 GASFAA Conference

Regulation Changes to Zell Miller Scholarship Zell Miller Scholarship at Public & Private Institutions Extended eligibility for the Zell Miller Scholarship to students graduating from high school that is not an Eligible High School or complete a Home Study program who score in the 93rd percentile on the ACT/SAT (HB 798) Previously only available retroactively for students who complete a Home Study program No change to the Zell Miller Scholarship Award Amounts 9/16/2018 2016 GASFAA Conference

Regulation Changes to Georgia HERO Scholarship Clarified Out-of-State Tuition Waiver granted by USG or TCSG institutions does not fulfill Georgia Residency Requirement for HERO eligibility Student must be a Georgia Resident for 12 consecutive months immediately prior to the first day of the term for which funds are sought 9/16/2018 2016 GASFAA Conference

Regulation Changes to Public Safety Memorial Grant Expanded the definition of eligible “Public Safety Officers” to include “Highway Emergency Response Operators (HERO) of the Department of Transportation” and “Paramedics” (HB 54) “Public Safety Officer” means a Law Enforcement Officer, Firefighter, Emergency Medical Technician, Paramedic, Highway Response Operator of the Department of Transportation, or Prison Guard employed by the State of Georgia or other Public Employer thereof. 9/16/2018 2016 GASFAA Conference

Additional programs approved Regulation Changes to Strategic Industries Workforce Development Grant (SIWDG) Additional programs approved 12 career groups and 226 programs of study or majors Approved programs list is on the website 9/16/2018 2016 GASFAA Conference

Regulation Changes to Student Access Loan (SAL) Revised Application Selection process Priority Group to include prior year SAL recipients, in good standing, along with current HOPE and Zell Miller Scholars Priority group will be processed the first three weeks of the application cycle Selection will be first come, first served, processed daily Application will remain open based on funds available Revised Keep-In-Touch (KIT) payment option Allow borrowers to pay more than the standard payment and to be applied to subsequent months 9/16/2018 2016 GASFAA Conference

Regulation Changes to Move On When Ready (MOWR) Revised application deadline Completed three part applications are due on or before the last day of the postsecondary term, semester or quarter, or the student’s withdrawal date, which ever occurs first Clarified book allowance not included in refund policy Clarified PSIs may apply a written SAP Policy for high school students Clarified 9th grade officially begins Fall term of the student’s 9th grade year 9/16/2018 2016 GASFAA Conference

Regulation Changes to REACH Create REACH Connections Scholars REACH Students in Foster Care chosen in coordination with the Division of Family and Children Services All funds are paid by GSFA and/or REACH Foundation GA, no local fundraising requirement REACH Connections Scholars do not lose eligibility if they move to a school system which does not participate in REACH New REACH Scholar section being added to STARS REACH Coordinators will enter student information REACH Scholars to be identified in SURFER similar to HOPE/Zell Scholars First high school graduates will be in 2017 9/16/2018 2016 GASFAA Conference

Georgia National Guard Service Cancelable Loan (GNG SCL) Funded for FY 2017 (previously 2003-2009), Updated eligibility (HB 1072) Eligibility May be receiving HOPE Scholarship or Grant Programs: certificate, diploma, associate degree or baccalaureate degree Must be enrolled at least half-time (6 hours) per term Must maintain good standing with the Georgia National Guard Application (pdf) on the website Includes section to be completed by National Guard and Postsecondary Institution for eligibility certification Includes promissory note 9/16/2018 2016 GASFAA Conference

Georgia National Guard Service Cancelable Loan (GNG SCL) Awards made on a first-come, first-served basis Award is applied to Tuition only Award amount at public postsecondary institutions Standard undergraduate rate Award amount at private postsecondary institutions Full-time: $2,174 per semester, $1,450 per quarter Half-time: $1,087 per semester, $726 per quarter Award available Fall, Winter and Spring terms (not Summer) Award Limit: 10 semesters or 15 quarters Based on funds available 9/16/2018 2016 GASFAA Conference

Georgia National Guard Service Cancelable Loan (GNG SCL) Interest Rate: Prime Rate plus one percentage point Service Cancellation Requirements Complete the Service Cancelable Verification Form Maintain a 2.0 Cumulative Postsecondary GPA for the terms of the GNG SCL Maintain good standing with the Georgia National Guard At the end of the loan period Student must submit the Service Cancelable Verification Form National Guard verifies good standing and the Postsecondary Institution verifies the GPA requirement The loan amount for the period will be canceled 9/16/2018 2016 GASFAA Conference

Tuition Equalization Grant (TEG) No change to the TEG award amounts $450 per semester $300 per quarter 9/16/2018 2016 GASFAA Conference

FY 2016 Invoicing Year-End Reconciliation Reminder - FY 2016 Invoices & Year-End Reconciliation June 8 - Last date to request an extension for any FY 2016 term invoices – email oandd@gsfc.org June 20 - Last day of any extension July 15 - Year-End Reconciliation deadline for all programs August 15 - Return of funds deadline Note: if June 8, July 15 or Aug 15 falls on a Saturday or Sunday, the deadline is automatically the following Monday 9/16/2018 2016 GASFAA Conference

All State Scholarship & Grant Programs FY 2017 Invoicing Term Invoicing Deadlines Included in the Dear Colleague Letter 2017-01 July 15 - Year-End Reconciliation August 15 - Return of Funds Deadline All State Scholarship & Grant Programs Term Invoice Deadline Summer October 28, 2016 Fall February 17, 2017 Winter April 21, 2017 Spring June 8, 2017 9/16/2018 2016 GASFAA Conference

GAfutures Update July 20 at 5 p.m. GAcollege411 will go down July 26 GAfutures will launch (replacing GAcollege411) During the down time - July 20 at 5 p.m. – July 25 SURFER and STARS will not be available All state program applications will not be available All college admissions application processing will not be available HOPE GPA files – provided weekly through July 18 then again on Aug 1. Between July 19 and July 30 no file will be provided July 26 - SURFER will be accessible through GAfutures GAfutures Session Thursday at 4:35 p.m. 9/16/2018 2016 GASFAA Conference

Contact Us Student Aid Services Postsecondary Services (one-on-one training, brochures, etc.) Participation Agreements (Institutional and MOWR) sas@gsfc.org Program Regulations - progadmin@gsfc.org Eligibility, Origination and Disbursement - oandd@gsfc.org SAL for Financial Aid Professionals - salsfap@gsfc.org SAL for students - salprogram@gsfc.org 9/16/2018 2016 GASFAA Conference

Contact Us Student Aid Services Pennie Strong pennies@gsfc.org 770-724-9014 9/16/2018 2016 GASFAA Conference