2010 masfaa conference mississippi office of student financial aid: state aid update june 18, 2010
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2010 MASFAA Conference
Mississippi Office of Student Financial Aid:
State Aid Update
June 18, 2010
What a year!• June 2009 – Former Director, Sr. Systems Analyst, &
Program Administrator retire or resign• June 30, 2009 – Receive FY 2010 Appropriation • July 2009 – New Director begins; set program budgets• August 2009 – Post initial award reports• September 2009 – Summer awards requested• September-October 2009 – Fall awards requested• February 2010 – New program administrator hired• January-March 2010 – Receive 3 budget reductions• February-March 2010 – Spring awards requested• March 2010 – Publish 09 Annual Report; Baby Rogers
arrives!• May 2010 – Receive FY 2011 Appropriation• June 2010– Spring awards for CSA and GTS requested;
set 2010-2011 program budgets
Report on FY 2010 Budget
• Original SFA Budget:– General Funds: $30.2 M– Treasury Funds: $1.67 M– Other Funds (Spending Authority): $1.1 M– TOTAL: $32.97 M
• Five Gubernatorial Budget Reductions:– First and second reductions: No cut to SFA– Third reduction: -8.193% ($2.47 M)– Fourth reduction: -0.471% ($142,000) – Fifth reduction: -0.338% ($102,000) – TOTAL CUTS: -9.052% ($2.86 M)
Report on FY 2010 Budget
• Final SFA Budget:– General Funds: $27.3 M– Treasury Funds: $1.67 M– Other Funds (Spending Authority): $1.1 M– TOTAL BUDGET: $30.1 M
Effect of Budget Cuts
• No need to pro-rate MTAG!
• Potential negative effects offset by two factors:
1. Budgeted conservatively in anticipation of cuts• Did not award loan/scholarships to all eligible
students (saved money for spring MTAG)• Cut administrative budget
2. MTAG awards down 3,411 or $1.6 million
2010 State Legislative Session
• No new legislation passed (no new programs established, no changes to existing programs)
• SFA Appropriation Bill for FY 2011: SB 3126– General Funds: $26.9 M (Down $3.3 M from FY10)– Treasury Funds: $1.0 M (Down $670,000 from FY10)– Spending Authority: $4.7 M from Critical Needs
collections, grants, interest, federal funds, etc. (UP $3.6 M from FY10)
– Total budget/spending authority: $32.6 • Down $400,00 from original FY2010• UP $2.5 M from actual FY2010!
What Does That Mean for 2010-2011 Awards?
• Plan to award ALL eligible students for ALL aid programs
• Awarding will begin mid-June
• Money will be requested as soon as enrollment files are received.
Reminders
• Submit your LEAP tuition and fees information document – DUE June 30!
• Submit enrollment files 11th day of fall classes. (We will disburse to schools in the order in which we receive files.)
• Submit grade files on 5th business day following each term.
• Tell students to visit www.mississippi.edu/financialaid
www.RiseUpMS.com
• Online college prep and career planning
• Encourage students to check it out, because success doesn’t just happen…there are steps students need to take - NOW.
What’s on RiseUpMS.com?
• Info to help students “Get Ready” for college
• Interactive tools
• Help with the admissions process
• The STATE AID homepage:– www.mississippi.edu/financialaid
State Financial Aid Website
• Facts about ALL state student financial aid
• Check history of state financial aid
• Check award status
• Check for missing documents
• Answers to frequently asked questions
What is State Financial Aid?
• Grants
• Loan/Scholarships
State Grants
• Mississippi Resident Tuition Assistance Grant (MTAG)
• Mississippi Eminent Scholars Grant (MESG)• Higher Education Legislative Plan for Needy
Students (HELP)• NISSAN Scholarship• Summer Development Program Grant• Law Enforcement Officers/Firemen (LAW)• Leveraging Educational Assistance Partnerships
(LEAP)
Mississippi Resident Tuition Assistance Grant (MTAG)
• 2.50 GPA (on a 4.0 scale)• 15 ACT or 720 SAT• NOT full Pell-eligible• Enrolled full-time at eligible Mississippi institution• AWARD:
– Up to $500 as a freshman/sophomore– Up to $1,000 as a junior/senior
Mississippi Eminent Scholars Grant (MESG)
• 3.5 GPA (on 4.0 scale)• 29 ACT or 1280 SAT or finalist/semi-finalist
National Merit or National Achievement Program• CAN be full-Pell• Enrolled full-time at eligible Mississippi institution• AWARD: Up to $2500/year
Higher Educational Legislative Plan for Needy Students (HELP)
• Mississippi resident 2 years prior to application• 2.5 GPA (on 4.0 scale)• 20 ACT• Specific high school Core Curriculum (certified by
counselor) • 2-year avg. AGI of $36,500• Complete the FAFSA• AWARD: Tuition at eligible 2- or 4-year public
institutions or amount of public education at certain private institutions
Summer Developmental Program Grant
• Be accepted into the Summer Developmental Program at one of the state’s public universities
• Complete FAFSA - demonstrate financial need
• AWARD: Tuition for the Summer Developmental Program
Other Undergraduate Grants
• Nissan– Award: Tuition, required fees, book allowance
• Law Enforcement Officers/Firemen– Award: Tuition and room (housing)
• LEAP– Partnership between state and federal government– Administered by institutions– Award: Varies
Undergraduate Loan/Scholarships
• Teachers:– William Winter Teacher Loan/Scholarship
• Award: $4,000/year for juniors and seniors
– Critical Needs Teacher Loan/Scholarship• Award: Tuition, room, and board for juniors and
seniors
Undergraduate Loan/Scholarships
• Health Care/Social Work:– Nursing Education Loan/Scholarship (BSN and RN-
BSN)• Award: $4,000/year for juniors and seniors
– Health Care Professions Loan/Scholarship (speech pathology and psychology)
• Award: $1500/year for juniors and seniors
– Family Protection Specialist Social Worker Loan/Scholarship
• Award: Tuition and required fees for juniors and seniors
Graduate Loan/Scholarships
• Teachers/Education:– Graduate Teacher Loan/Scholarship
• Award: $125/hour (up to 12 hours per term)
– Counselor and School Administration Loan/Scholarship
• Award: $125/hour (up to 12 hours per term)
– SREB Doctoral Scholars Program• Award: $23,000/year
– Public Management Graduate Intern• Award: varies
Graduate Loan/Scholarships
• Health Care:– SREB Regional Contract Program (Out-of-state
Osteopathic Medicine and Optometry)– Graduate and Professional Degree Program (Out-of-
state Chiropractic Medicine)– Nursing Education Loan/Scholarship (Masters, Ph.D.,
DNP)– Nursing Teacher Stipend– State Dental Education Loan/Scholarship– State Medical Education Loan/ Scholarship– Veterinary Medicine Minority Loan/Scholarship
How to Get State Financial Aid:
• Apply online: www.mississippi.edu/financialaid
• Application Dates:– Jan. 1 – March 1: Nissan– Jan. 1 – March 31: HELP and ALL
loan/scholarships– Jan. 1 – July 21: Summer Development– Jan. 1 – Sept. 15: MTAG/MESG– Rolling: LAW
Report on SFA Staffing Changes
• Promoted Meg Harris to Assistant Director of Student Financial Aid
• Hired Apryll Washington as Program Administrator for Critical Needs and Mississippi Teacher Loan Repayment programs
• Reduced size of secretarial/reception staff from three (3) to two (2).
MOSFA Staff800-327-2980 OR 601-432-6997
• Jennifer Rogers, Director – jrogers@mississippi.edu– Programs: GEAR UP, Youth Advisory Board
• Meg Harris, Assistant Director – mharris@mississippi.edu – Programs: William Winter, Counselor and School Administrator, and Graduate
Teacher• Babs McAlpin, Program Administrator – bmcalpin@mississippi.edu
– Programs: HELP, Nissan, Graduate and Professional Degrees, State Medical, State Dental, and Summer Development
• Apryll Washington, Program Administrator – awashington@mississippi.edu – Programs: Critical Needs, MS Teacher Loan Repayment
• Vacant, Program Administrator – Programs: Nursing Education, Nursing Teacher Stipend, SREB Regional Contract
Program, Vet Med, Health Care Professions, Law/Fire, Doctoral Scholars, Gulf Coast Research Lab Intern, and Public Management Graduate Intern
• Beverly Jackson, Senior Systems Analyst – bjackson@mississippi.edu • Wayne Carlisle, Systems Analyst – wcarlisle@mississippi.edu • Stephanie Green, Office Manager – sgreen@mississippi.edu • Shirley Mitchell, Secretary/Receptionist – smitchell@mississippi.edu
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