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Lois Douglass Financial Aid Counselor, UNC-Chapel Hill Julie Rice Mallette Assoc. Vice Provost & Dir. OSFA NC State Emily Bliss, Director OSFA UNCW.

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Presentation on theme: "Lois Douglass Financial Aid Counselor, UNC-Chapel Hill Julie Rice Mallette Assoc. Vice Provost & Dir. OSFA NC State Emily Bliss, Director OSFA UNCW."— Presentation transcript:

1 Lois Douglass Financial Aid Counselor, UNC-Chapel Hill Julie Rice Mallette Assoc. Vice Provost & Dir. OSFA NC State Emily Bliss, Director OSFA UNCW

2 The Carolina Covenant  What is It? The University of North Carolina at Chapel Hill Announced in 2003, but first entering class in 2004-05. A promise for students to graduate debt-free who are at or below 200% of the federal poverty guidelines. Meet 100% of need with grants, scholarships, work-study, no loans. Receive a laptop grant. Summer Orientation fees and housing on campus for student and one parent.

3 The Carolina Covenant  Poverty Guidelines The University of North Carolina at Chapel Hill Family Size Federal Poverty Guidelines 150% Federal Poverty Guidelines 200% 1$16,245 $21,660 221,855 29,140 327,465 36,620 433,075 44,100 538,685 51,580 644,295 59,060 749,905 66,540 855,515 74,020 961,125 81,500 1066,735 88,980

4 Fall 2004 Fall 2005 Fall 2006 Fall 2007 Fall 2008 Fall 2009 Number of New Covenant Scholars224350417398410533 Average High School GPA4. Average SAT Scores120912231198120212061230 State of Origin: North Carolina87%89%84%87%84%86% North Carolina Counties Represented 687472777480 Gender Female69%63%61%63%60%61% Male31%37%39%37%40%39% Students of Color63%60%63%61% 62% First Generation55%52%57%53%55% [*] The income threshold for consideration for the Carolina Covenant was initially established at 150% of federal poverty guidelines. Starting in fall 2005, it was increased to encompass students with parents’ adjusted gross income up to 200% of the federal poverty standard. Characteristics of Covenant Scholars *

5 Characteristics of Covenant Scholars, cont. Fall Fall Fall Fall Fall Fall 2004 2005 2006 2007 2008 2009 Average Parental Income First Year Scholars$18,428$22,967$22,484$23,972$22,913$26,026 All Covenant Scholars$23,086$24,551$25,856$26,716$27,744 Average Expected Family Contribution First Year Scholars$ 769$ 1,221$ 1,060$ 951$ 910$ 681 All Covenant Scholars$ 1,415$ 1,508$ 1,469$ 1,505$ 1,079 Percentage of Award by Type of Assistance (All Covenant Scholars) Grant91.2%88.8%86.7%87.2%86.9%93.1% Loan 3.2 5.41 7.2 7.1 8.3 5.0 Work Study 5.6 5.9 6.1 5.6 4.7 1.9 Percentage of Award by Source of Assistance (All Covenant Scholars) Federal40.5%36.0%35.1%35.6%35.5%30.4% State13.418.917.818.921.028.6 Institutional/Other46. Fall 2009 data as of December 1, 2009, Office of Institutional Research and Assessment

6 The Carolina Covenant  More than Financial Aid The University of North Carolina at Chapel Hill Summer Orientation for students and parents Faculty Mentoring Program Peer Mentoring Program Programming for students through Learning Center, Career Services, Memorial Hall, Medical School, Student Advisory Board Academic counseling – monitoring grades, and intrusive contracts for summer restoration of grades

7 The Carolina Covenant  Other Access Initiatives and websites The University of North Carolina at Chapel Hill Covenant Website: Access Initiatives Clearinghouse: ccessInitiatives.pdf Poverty Guidelines: Development Office support – major fund raising campaigns for support programs.

8 NC State’s Pack Promise  Approved by the Board of Trustees in April 2006  Communication Plan 

9 NC State’s Pack Promise  Meets 100% of need for up to 9 semesters for students from families with incomes at or below 150% of poverty level.  Parents must not have significant assets (less than $100K)  Not a debt-free commitment  Provides mentoring and academic support in addition to funding

10 NC State’s Pack Promise  Numbers of New Students Funded Per Year:  2006-07 – 315  2007-08 – 319  2008-09 – 332  2009-10 – 285  Cumulative Total Pack Promise Scholars Per Year  2006-07 – 315  2007-08 – 576  2008-09 – 833  2009-10 – 1058 (enrolled for fall 2009 as of 8/31/09)

11 NC State’s Pack Promise  91% NC Resident (compared to 89% of all FR)  9% Non-Resident (compared to 11% of all FR)  53% Male (compared to 53% of all FR)  47% Female (compared to 47% of all FR) Ethnic Diversity of Pack Promise Scholars Enrolled Ethnic Group Number (based on fall 09 ethnic enrollment data)  Caucasian 494 2.8%  Native American 15 12.4%  African American 328 16.7%  Asian 112 9.5%  Hispanic 68 10.1%  Unknown/Multi 41 4.3%

12 Greensboro Guarantee Implemented for first time in 2010-2011 Individual academic success plan to be developed for students Full time academic advisor assigned to cohort Will keep them on track to graduate in 4 years Will meet with students 3 to 4 times per semester

13 Greensboro Guarantee Services to be offered Tutoring Mentoring from within the Greensboro University and the surrounding community Workshops on study skills, time management, money management, etc.

14 UNCW’s SOAR 200% of Poverty 2.5 GPA Verification Opportunities for Non-Financial Aid Programs Graduated Increments of Grant Funding Desired Outcomes

15 UNCW’s SOAR Tried to run as a financial aid program only Awarded too late in the year Were not able to keep loans as low as we would have liked Not as many students in the 200% range as we had expected Had difficulty tracking due to time

16 UNCW’s SOAR Revamped Program Still at 200% poverty Will contact upon admission for freshmen Base amount will be $3000 Students can receive more if they participate in different programs Job Shadowing GPA 3.0 Leadership activities Work or volunteer

17 UNCW’s SOAR Revamped Succeeded in getting buy-in from other offices Tutoring Lab Counseling Center Center for Leadership Advising (freshmen seminar) Dean of Students Diversity Office

18 UNCW’s SOAR Revamped Financial Aid will Award Funds Track academic success of students Track involvement of students Meet with students at least once a year Survey students to see what works and what doesn’t Try to get more funding

19 Working with funds you have Identify an amount of current funding and direct it to a single cohort Ask for funding from your budget office, then ask again, and then again. Do not stop until they give you some to keep you from asking Ask your Advancement Office for help Do not give up. Sometimes this takes years.

20 Questions

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