HEOA Net Price Calculator Requirement: Implementation Issues Paula Bunce, IR Specialist Kathy Chung,...
Transcript of HEOA Net Price Calculator Requirement: Implementation Issues Paula Bunce, IR Specialist Kathy Chung,...
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HEOA Net Price Calculator
Requirement: Implementation Issues
Paula Bunce, IR SpecialistKathy Chung, Planner/Analyst
Office of Institutional Research & AssessmentCentral Connecticut State University
NEAIR Conference, Saratoga Springs, NYNovember 15, 2010
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Central Connecticut State University
OverviewBackground
Definition of Net Price
Methodology
Institutional Profile
Implementation
Findings
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Background Higher Education Opportunity Act (HEOA) requires each
postsecondary institution that participates in Title IV federal student aid programs must post a Net Price Calculator on its website by October 29, 2011.
Institutions will be required to report a URL for the location of the net price calculator on the institutional website as part of reporting to IPEDS. (Required maximum 3 clicks to the website)
U.S. Department of Education make available a Net Price Calculator Template. Institution may also chooses to develop its own.
Purpose of Net Price Calculator
Definition of Net Price (see formula on next slide)
Central Connecticut State University
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Definition of Net Price
Central Connecticut State University
Institution’s
price of attendance for First-time, Full-time
(FTFT) student
s
Total need- and merit-based federal, state, and
institutional grant aid awarded to FTFT students
Number of FTFT students
receiving such aid
Price of attendance = average annual cost of
tuition and fees, room and board, books, supplies,
and transportation Source: http://www.airweb.org/page.asp?page=2114
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Central Connecticut State University
Methodology Method I: Use Template from Dept. EduMethod II: Use Third-Party CalculatorMethod III: Customize alternative in
houseMethod IV: Update a Current Calculator
All methods must meet the minimum requirements. Please see the Net Price Calculator updates from NCES http://nces.ed.gov/ipeds/resource/net_price_calculator.asp
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Central Connecticut State University
Institutional ProfileCentral Connecticut State UniversityPublic – part of Connecticut State Univ. SystemCarnegie 2005 Master’s-Larger ProgramsNCAA Division I School (Athletics Scholarship
awarded 259)New Britain, CT (Hartford MSA: ~ 1.2 million
pop.)CCSU uses Banner System
Total Undergraduate
First-time Full-time
Headcounts 12477
10,085 1,350
Residential 17% 21% 57%
Receive grants & scholarships
41% 51% 64%
Paying In-state Tuition
95% 96% 95%
Paying Out-of-state Tuition
5% 4% 5%
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Central Connecticut State University
Implementation StepsCCSU chooses to use the
template that provided by the Dept. of Education
Create the html file from this website http://npc.inovas.net/institution/
Step by step to walk through the screens
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Central Connecticut State University
Step 1:
1.
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Central Connecticut State University
2.
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Central Connecticut State University
3.
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Central Connecticut State University
From IPEDS
4.
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Central Connecticut State University
2008-09
IPEDS
5.
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Central Connecticut State University
Less than 3
counts, leave the
cell blank
6.Fall 2008 and Spring 2009 Unduplicated Headcounts
Use this as an example in Hyperion
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Central Connecticut State University
Banner Tables: Rprawrd and Rfrbase
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Central Connecticut State University
Banner Tables: Rorstat and Rtvbgrp
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Central Connecticut State University
- Example on finding data for the On-Campus column- Use median amount- Exclude private source grant and scholarship aid- If count is less than 3, then leave the cell blank in NPC template
Less than 3
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Central Connecticut State University
Less than 3
counts, leave the
cell blank
6.Fall 2008 and Spring 2009 Unduplicated Headcounts
Data from Hyperion entered here
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Central Connecticut State University
7.
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Central Connecticut State University
8. Review the data
that you have entered
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Central Connecticut State University
9.
Review the data that you have
entered
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Central Connecticut State University
Final Step: NetPriceCalculator.zip file
10.
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Central Connecticut State University
Overall FindingsThere is a big difference on the end
result of Net Price between including athletics aids and excluding athletics aids in the NPC template.
Comparison of Net Price Calculator Results for End-user (with and without the use of athletics aids in NPC template).
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Central Connecticut State University
Comparison of Net Price Calculator Results for End-user
With Athletics Aid in NPC Template
Without Athletics Aid in NPC Template
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Central Connecticut State University
User enters data to the Net Price Calculator (This template was created with athletics aids)
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Central Connecticut State University
With Athletics Aids in NPC Template
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Central Connecticut State University
User enters data to the Net Price Calculator (This template was created without athletics aids)
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Central Connecticut State University
Without Athletics Aids in NPC Template
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Central Connecticut State University
Overall Findings Medians across EFC ranges were fixed to be evenly distributed.
(Table 2: Grants and Scholarships for FTFT)
CCSU has 31 FTFT students with NO FAFSA records in Banner. This group needs to be further research and identify them in the Non-FAFSA filers/Unknown EFC item.◦ For example: check residency, tuition, housing
Identify parties involved in the process◦ Financial Aid Office◦ Admissions Office◦ Information Technology Services ◦ Marketing & Communication Office
In-district Out-of-state
EFC Range On-campus
Off-campus not with family
Off-campus with family
On-campus
Off-campus not with family
Off-campus with family
$15,001-20,000
1000 1166 ‡ 2000 2000
1000 0 0
$20,001-30,000
2757 2000
500 2761 2000
500 0 0
$30,001-40,000
3521 2000
0 ‡ 3775 2000
0 ‡ 0 ‡ 0 ‡
>$40,000 2000 2000
0 ‡ 0 ‡ 0 ‡ 0 ‡ 0 ‡
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Central Connecticut State University
ResourcesNet Price Calculator Requirement
http://nces.ed.gov/ipeds/resource/net_price_calculator.asp
Net Price Calculator Template is available at http://npc.inovas.net/institution/
AIR Net Price Calculator Resource Ctr. http://www.airweb.org/page.asp?page=2106 (Q&A Discussion Board Available)
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Central Connecticut State University
Questions
Paula Bunce [email protected] Chung [email protected] Research & AssessmentCentral Connecticut State University
Contact Information