1. State Aid: Where It’s At & Where It’s Going
Leroy Wade & Kelli Reed
Missouri Dept. of Higher Education

2. Agenda 2019 Recertification Compliance Review Update
Journey to College Enhancements
State Aid Review
Q&A
January 18, 2019
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3. Recertification
January 18, 2019
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4. 2019 Recertification Purpose
Review institutional compliance w/ statute and MDHE policies
Add or remove programs from institution’s state aid portfolio
Collect data for program administration
Update contact information
Financial aid director
Operational contact (new)
Request electronic services
Electronic Funds Transfer (EFT)
File Transfer Protocol (FTP)
January 18, 2019
MASFAP Conference I Keeping it REAL

5. 2019 Recertification Electronic materials Timeline:
to financial aid directors and presidents w/link to web page
Fillable PDF application
Statutes and regulations
Participation agreements
Timeline:
Fall 2018/Winter 2019 – Application
Winter/Spring 2019 – Review Application/Request Information
June 2019 – CBHE Approval
September 2019 – Effective
January 18, 2019
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6. Compliance Reviews January 18, 2019
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7. Compliance Review Update
Status:
First review ending
Second review in progress
Third review pending
Procedure:
Review guide on MDHE website: OR
dhe.mo.gov>>Planning & Paying for College>>Financial Aid Officers>>Student Financial Aid Program Review Guide for Schools
Advice:
Review policies & procedures against statutes and regulations
Maintain clear records, particularly ledgers
January 18, 2019
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8. Journey to College January 18, 2019
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9. https://journeytocollege.mo.gov/
Student focused website highlighting:
Postsecondary preparation
Planning for postsecondary education
Paying for postsecondary education
Persisting to graduation
MDHE supported activities/initiatives
Enhancements under development
January 18, 2019
MASFAP Conference I Keeping it REAL

10. Updated College and Degree Search
Select search criteria for up to 4 school comparison:
Type
Location
Cost
Area of interest/career
Degree Type
Other OR
Journeytocollege.mo.gov>>Plan>>Search Missouri colleges and degrees
January 18, 2019
MASFAP Conference I Keeping it REAL

11. https://web.dhe.mo.gov/dhe/coursetransfertracker/homepage.faces
Course Transfer Tracker
Search all CORE 42 courses
Transfer as equivalent credit at all MO public colleges & universities
Enter general education courses taken to see how they’ll transfer
January 18, 2019
MASFAP Conference I Keeping it REAL

12. Updated Financial Aid Portal
Student-centered and streamlined
Incorporation of smaller programs
On-line eligibility estimator/application
Electronic letters
Dynamic
Reach more students
Available for 2020 seniors
January 18, 2019
MASFAP Conference I Keeping it REAL

13. New student workspace
Save and organize college-related information from a variety of sources:
College cost and course transfer comparisons
Financial aid
State aid eligibility/award comparisons
Institutional award letters
Tools:
Calendar of scheduled college visits and deadlines
Notes about college visits
State financial aid estimator
Available for 2020 seniors
January 18, 2019
MASFAP Conference I Keeping it REAL

14. State Aid Review
January 18, 2019
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15. State Aid Review Blueprint for Higher Education Affordability Strategy
Task force to recommend changes for a more balanced, responsive & efficient state aid system by evaluating:
Effectiveness of current programs
Balance between need & merit
Alignment of state aid programs w/state goals
State Aid Review Info:
January 18, 2019
MASFAP Conference I Keeping it REAL

16. State Aid Review
Coordinating Board approved 3 phase approach in March 2018:
Taskforce to set policy goals
State student financial aid committee to design programs
Implementation
January 18, 2019
MASFAP Conference I Keeping it REAL

17. State Aid Review Phase 1 Policy task force
April – June 2018
Report approved by CBHE June 2018
Highlights of 12 recommendations:
Student centered programs
Need v. merit
Promote postsecondary readiness to improve persistence and completion
Flexibility to serve adult/part-time students
Institutional & workforce partnerships to create an educated citizenry & highly skilled workforce
Marketing
Sufficient funding
January 18, 2019
MASFAP Conference I Keeping it REAL

18. State Aid Review Phase 2 Program review
State Student Financial Aid Committee
June – Nov Committee Meetings
Draft recommendation comments until November 16
Final recommendation to CBHE in Dec. 2018
January 18, 2019
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19. State Aid Review Phase 2 Highlights of draft recommendations
Organization of state aid programs under single banner
A+ enhancements
Early Awareness
Limited cost above tuition & fees covered for students w/need; capped award for students w/o need
Eliminate school designation requirement
A+ Recipient Transfer Scholarship
Pro-rated awards for part-time attendance
Must be at least half-time
Need & merit programs
January 18, 2019
MASFAP Conference I Keeping it REAL

20. State Aid Review Phase 2 Highlights of draft recommendations (cont’d)
Bright Flight enhancements
Add GPA component in conjunction w/ACT/SAT score
Cut score rather than percent
Reduce minimum qualifying score
Scale awards across range of GPAs & ACT/SAT scores (higher performance = larger award)
Completion bonus (need & merit programs)
New workforce grant
Career fields periodically determined by CBHE
25+ (if younger must not have been enrolled in past 2 years)
Need cap & integrated w/existing need-based program
Tuition & fees after all other federal & state non-loan aid applied (guaranteed min. award)
January 18, 2019
MASFAP Conference I Keeping it REAL

21. State Aid Review Phase 2 Highlights of draft recommendations (cont’d)
Limited professional judgment
Eligibility for short-term programs (ineligible for federal aid)
High demand and/or
Lead directly to industry-recognized credential
Approved manually by MDHE staff
Review deadlines for need & merit programs as feasible within:
Current program structure
Appropriation levels
January 18, 2019
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22. Questions?
January 18, 2019
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23. Contact Us P.O. Box 1469 Jefferson City, MO 65102-1469
State Aid Questions General Questions
Connie Bestgen
Financial Aid Specialist
(800) , option 4
(573)
P.O. Box 1469
Jefferson City, MO
Phone: (573)
Fax: (573)
Info. Center (800)
Amy Haller
(573)
Kelli Reed
Senior Associate
(573)
January 18, 2019
MASFAP Conference I Keeping it REAL