Graduate Assistance in Areas of National Need Program Overview [picture of students in caps and gowns]

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Presentation transcript:

Graduate Assistance in Areas of National Need Program Overview [picture of students in caps and gowns]

GAANN Fellowship Program Program Description GAANN provides fellowships through academic departments of institutions of higher education to assist graduate students of superior ability who demonstrate financial need and plan to pursue the highest degree available at their institution in a designated area of national need. 2

GAANN Fellowship Program Grant Characteristics Provides between $100,000 and $750,000 per fiscal year to an academic department of an institution of higher education; The duration of GAANN federal funding is for three years (36 months); and Institutions must match 25% of federal funds with institutional funds. 3

Reporting Requirements The GAANN program requires the submission of the Annual Performance Report (APR) and the SF 425 Federal Financial Report (FFR) by the end of April of each year. The APR report collects such data as to whether the GAANN fellow is maintaining satisfactory academic progress; attending full-time, and whether they meet the eligibility requirements under , etc. 4

Reporting Requirements (cont’d) The FFR provides details related to the time and amount of all disbursements, the stipend award, and the institutional payment. 5

Reporting Requirements (cont’d) We also require the submission of a final performance report and the FFR 90 days after the expiration of your grant. Submission of these reports is required under the Education Department General Administrative Regulations (EDGAR) volume 34 CFR 74.51, , , and

GAANN Regulation Section What is Included in your Grant Award? GAANN fellowship consists of a stipend amount to cover the fellows’ cost-of-living expenses. The current stipend amount for academic year is $30,000, depending on the student’s demonstrated level of need. 7

GAANN Regulation Section (cont’d) The GAANN fellowship also includes an institutional payment that is accepted by the institution in lieu of tuition and fees normally charged to the student. The institutional payment in academic year is $13,755; annual increase is tied to the consumer price index (CPI). 8

GAANN Regulation Section What is the Institutional Matching Requirement? Recipient institutions must provide, from non- federal funds, an institutional matching contribution (cost share) equal to at least 25 percent of the amount of the grant. 9

GAANN Regulation Section How Does an Academic Department Select Fellows? In selecting GAANN fellows, institutions must consider only those students that: –Are a U.S. citizen or permanent resident; –Demonstrate high degree of financial need; –Demonstrate superior academic ability and have an excellent academic record; and –Plan to pursue the highest degree available in their course of study. 10

Financial Need Financial need must first be determined using Title IV, Part F, of the Higher Education Act (HEA) before a fellowship is awarded to an eligible student. Your financial aid office is responsible for determining the student’s demonstrated level of need. The HEA establishes what components can be used to determine a student’s cost of attendance (COA). A student’s COA consists of books and supplies, transportation, room and board, and other miscellaneous personal expenses. Health insurance can be included in the COA only if it is a requirement for every student to have health insurance at their institution. Students must have their financial need determined using the Free Application for Federal Student Aid (FAFSA) in order to receive the expected family contribution (EFC) towards expenses. 11

Financial Need (cont’d) To calculate a students financial need, the EFC is subtracted from the student’s cost of attendance (COA) to arrive at the student’s financial need (COA-EFC=financial need). For more in-depth questions regarding financial need, please e- mail: 12

GAANN Regulation Section When Does an Academic Department Make a Commitment to a Fellow? An academic department can make a commitment to fund a fellow at any point in his or her graduate study for the length of time necessary for the student to complete the course of graduate study, but in no case longer than five years. 13

GAANN Regulation Section How Can the Institutional Payment be Used? The institutional payment must first be applied to cover tuition and fee expenses. Once tuition and fee expenses have been covered, the remaining institutional payment may be used to cover other educational expenses, such as: 14

GAANN Regulation Section (cont’d) 1) costs for rental or purchase of books, material, or supplies; 2) costs of computer hardware, project-specific hardware; 3) membership fees of professional associations; 4) travel, per diem, and registration fees related to educational activities; 5) research expenses; and 6) costs to cover the fellows health benefits, as long as it’s a requirement at your institution. 15

GAANN Regulation Section How can Institutions Meet the Matching Requirement? The institutional match can be met in the following manner: 1) To provide additional fellowships to graduate students; 2) pay for tuition and fees; 16

GAANN Regulation Section (cont’d) 3) pay for the costs of providing a fellow’s instruction that are not included in the tuition and fees paid to the institution; and 4) supplement the stipend received by a fellow as long as it doesn’t exceed the fellows demonstrated level of need. 17

GAANN Regulation Section Programmatic funds, including the institutional matching funds, may not be used to pay for general operational overhead costs of the academic department. Examples of overhead costs include the costs of supervision, recruitment, capital projects, and indirect costs. 18

GAANN Regulation Section What Conditions must be Met by the Fellow? To continue to be eligible for the fellowship, a fellow must: 1) maintain satisfactory academic progress; 2) devote full-time to studying or research; and 3) not engage in full-time employment, except on a part-time basis in teaching, researching, or other similar activities. 19

Administrative Matters Replacing a Project Director If a new project director has been assigned to the grant: send an to the program office to notify GAANN staff of the change; attach an up-to-date curriculum vitae (CV) for the new project director in your and include current contact information (i.e., address, phone number, fax number, and address); notify GAANN staff if the project director is away from the institution for at least three months. 20

Administrative Matters (cont’d) Contacting GAANN staff: Always reference your PR award number (i.e., P200A09...) in an or correspondence when you have questions regarding your grant. This ensures that we can access your official file and respond to your question quickly. 21

Administrative Matters, cont’d Spirit and Intent: Fellowship awards should be reserved for only those students with the greatest amount of financial need. Making partial awards and subsidizing the fellowship with institutional funds is not the most efficient use of funds. Successful GAANN grantees provide fellowships to students with the greatest amount of need and are providing each fellow a consistent level of funding, but in no case longer than five years. 22

Administrative Matters (cont’d) When in doubt, ASK! Gary Thomas Telephone: Rebecca Green Telephone: