ready to succeed scholarship (rtss) program overview pasfaa – fall 2014

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Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

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Page 1: Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

Ready to Succeed Scholarship (RTSS) Program Overview

PASFAA – Fall 2014

Page 2: Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

Today’s Agenda

Program Background

Institution Eligibility

Student Eligibility

Technical Requirements

Student Nominations and Certifications

Disbursements and Refunds

Top RTSS FAQs

Page 3: Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

Program BackgroundFunded by the Pennsylvania General Assembly2014-15 = Year One

$5 Million Allocation

Developed by PHEAA and PDE

Provides awards to high achieving, middle-income Pennsylvania students

Recognizes that many middle income families may not meet traditional State Grant ‘need’ requirement

Scholarship awards in combination with Pennsylvania State Grant awards

Page 4: Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

Institution Eligibility

Approved for State Grant Program

Domiciled and Headquartered in PA

Principal physical location in PA as of June 30, 2014

For-profit schools = Incorporated within PA

Completed Application for 2014-15

Applications for 2015-16 available in Summer 2015

Page 5: Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

Institution EligibilityProgram of Study Requirements

At least 50% Classroom Instruction

Lead to a recognized Certificate, Diploma, or Degree

At least 2 academic years and offered over a period of at least 15 months

2 academic years = Minimum of 60 semester credits 2 academic years = Minimum of 1,800 clock hours 15 weeks = Minimum of 60 weeks of instruction

AST or ASB must have a minimum of 1,500 clock hours, 60 semester credits, or 90 quarter credits

Page 6: Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

Student EligibilityEligible students must have:Completed at least 1 academic year

Cumulative GPA of 3.25

Completed FAFSA and State Grant Form

State Grant eligibility (excluding ‘need’) Enrolled in an approved Program of Study Enrolled at least half-time

Total annual family income ≤ $110,000

May receive both SG and RTSSMaximum Award = $2,000 (full-time) or $1,000 (part-time)

Minimum Award = $500

Page 7: Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

Transfer StudentsMid-Year New-Year

Previous Institution(s)

• Institution must have been eligible

• Institution must have nominated transfer student

• Student must have maintained at least 3.25 from all previous institutions – report lowest

New Institution

• Institution must currently be eligible

• Institution must accept at least 24 semester credits to maintain eligibility

• Award may fluctuate based on cost of attendance and State Grant eligibility

• Institution must currently be eligible

• Institution must accept at least 24 semester credits to be eligible

• Institution must maintain eligibility documentation (GPA)

Page 8: Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

Technical RequirementsTransmissionsStatus Transmission – To: School/ From: PHEAA

Certification Transmission – To: PHEAA/ From: School

Disbursement Transmission* – To: School/ From: PHEAA Equivalent list of students eligible for certification Equivalent to disbursement roster

Refund Transmission - To: PHEAA/ From: School

Partner Interface

OC Webconnect

FG3S, FG7E, and FG59

Page 9: Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

Student NominationsNo separate student application

Mid-November: Student nomination period begins

PHEAA to provide potential Student Candidate List

School provides: Grade level (2-5) Cumulative GPA (3.00 and above) Nomination indicator

Submitted via Partner Interface or Transmissions

First-come, first-served*

Page 10: Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

Student NominationsNomination Steps:

Identify Academic Level: Determine grade level 2 or above students from list (minimum of 24 semester credits or the equivalent)

Report GPA: Provide the exact GPA for students with a 3.00 or higher and a grade level 2 and above

Report Academic Level: Provide academic level for students reported for GPA (3.00 or higher + grade level 2,3,4, or 5)

Nominate: Nominate candidates (3.25 GPA+ level 2 and above)

Indicate: Indicate which students are excluded due to GPA or grade level (no other specific data)

Page 11: Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

Student Certifications

Eligibility Runs

Calculates award value for student and confirms eligibility

Run Dates = TBD

First Run = Early December

Pre-Certification

School certifies award value and eligibility

Required before disbursement

Page 12: Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

Student Communication

Eligibility Status

Determination Made

Account Access Updated

Mid-year Changes

Review Required

PHEAA Verification

Similar to State Grant Validation

Income and/or Domicile reviews

Account Access Updated

Page 13: Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

Disbursements & Refunds

First disbursement = January 2015

Student-level disbursements

Student-level refunds

Reject N if funds are spent

Reconciliation Process

Similar to SGDEPP

Anticipated to begin Spring 2015

Page 14: Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

Reporting

No outcomes reporting for schools

Survey RTSS Recipients

Schools will be notified when survey is sent to students

Schools are encouraged to remind students to complete

Survey details are forthcoming

Page 15: Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

RTSS FAQQ: Will there be an even distribution of funds among students/schools?

A: RTSS is a student-based award. Eligible student recipients will be selected based upon a nomination process and awarded based upon the first-come, first-served criterion of the program. There is no limit to the number of student recipients at any given school.

Q: What is the first-come, first-served nature of the award based upon?

A: The first-come, first-served funding order of the RTSS award is based upon the date students complete their FAFSA and State Grant Form. The institution’s participation date in the RTSS Program will have no bearing on student awards.

Page 16: Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

RTSS FAQQ: Is it necessary for a student to receive a State Grant award in order to receive a RTSS award?

A: No. Students may receive a RTSS award without receiving a State Grant award. If a student does receive both a RTSS award and a State Grant award, the award may not exceed the RTSS maximum values.

Q: How are academic levels determined?

A: The institution is responsible for determining each student’s academic level beyond that of the second year. A grade level of 5 should only be used when a student is enrolled in a bona-fide five-year program.

Page 17: Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

RTSS FAQQ: What are the maximum number of payments a RTSS student can receive?

A: Students may receive up to three years (a 3.0 counter) of full-time RTSS awards and this may occur in conjunction with the State Grant award counter. Students that are eligible to receive up to four years of State Grant funding may also receive up to 3 years of RTSS funding.

The receipt of a RTSS award does not impact State Grant eligibility. Students that have exhausted the RTSS counter, but not the State Grant counter, may still receive State Grant funds providing he/she meets the eligibility requirements. Once students exhaust the State Grant counter, they are not eligible to receive RTSS funds.

Page 18: Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

RTSS FAQ

Q: If the student gets $2,000 in State Grant funds, can they also get $2,000 in RTSS funds? Or, if they get a $1,500 State Grant, can they only get $500 in RTSS funds?

A: The maximum combined award amount for RTSS is $2,000 for a full-time student. If that student receives more than $1,500 in State Grant funds, they will not receive any RTSS funds. If, however, that full-time student only receives $1,500 in State Grant funding, he/she may be eligible to receive up to $500 in RTSS funds.

Page 19: Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

RTSS FAQQ: Can a student who does not have a cumulative GPA of 3.25 and/or 24 semester credits at the time the institution checks academic progress become eligible for a Spring 2015 RTSS award if they meet the minimum requirements at the end of Fall 2014?

A: No. GPA and credit level are measured as snapshots of achievement and will only be reviewed at a fixed point in time—Spring or Summer 2014 for the 2014-2015 academic year.

As a reminder, your institution is required to check State Grant progress for the entire population of students at the same time annually, after the Spring or Summer.

Page 20: Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

RTSS FAQ

Q: How will State Grant Distance Education Pilot Program (SGDEPP) nominations affect RTSS eligibility? Are students who are enrolled in programs of study that are structured to be more than 50% online eligible to receive a RTSS award?

A: Programs of study that are structured to be more than 50% online are not State Grant eligible; therefore, students enrolled in these programs are not eligible for RTSS funding. This means that students currently eligible for the SGDEPP are not eligible to receive funds through the RTSS Program.

Page 21: Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

RTSS Websites

School Pagewww.PHEAA.org/rtss

Program Guidelines, FAQs, etc

Student Page‘Funding Opportunities’

Eligibility Requirements

Page 22: Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

ResourcesUpdated Materials

Program Guidelines

Transmission Layouts

Partner Interface

Website FAQs Communications School Lists (Student Page)

Training Opportunities Student Nominations and Certifications Reconciliation Refunds

Page 23: Ready to Succeed Scholarship (RTSS) Program Overview PASFAA – Fall 2014

Resources

Contact State Grant and Special Programs Staff

Email: [email protected]

Fax: 717-720-3786

Phone: 1-800-443-0646, Option 3, Option 1 or1-800-443-0646, Option 4 (discuss transmissions)

Isaac Greene (o) 717.720.3310 (e) [email protected]

Ashley Ruth (o) 717.720.2183 (e) [email protected]