AIKCU report to the Council on Postsecondary Education, June 2011


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Presentation delivered by the Association of Independent Ky Colleges & Universities to the Kentucky Council on Postsecondary Education at Transylvania University, June 10, 2011.

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AIKCU report to the Council on Postsecondary Education, June 2011

  1. 1. Institutional<br />Progress<br />Update 2010<br />Presentation to the Council on Postsecondary Education<br />By Gary S. Cox, PhD, President <br />Association of Independent Kentucky Colleges & Universities<br />June 10, 2011<br />
  2. 2. KRS 164:020<br />[The Council on Postsecondary Education shall]<br />(13)Ensure that the state postsecondary system does not unnecessarily duplicate services and programs provided by private postsecondary institutions and shall promote maximum cooperation between the state postsecondary system and private postsecondary institutions. Receive and consider an annual report prepared by the Association of Independent Kentucky Colleges and Universities stating the condition of independent institutions, listing opportunities for more collaboration between the state and independent institutions and other information as appropriate; (Emphasis added).<br />
  3. 3. AIKCU PROFILE<br /><ul><li>20 nonprofit, 4-year private colleges and universities
  4. 4. Accredited by SACS and licensed by CPE
  5. 5. 34,000+ total enrollment; 75% Kentucky residents
  6. 6. <5% of state higher education spending – all directly to students in the form of financial aid
  7. 7. Voluntarily integrated in CPE data collection, Strategic Agenda and goal setting</li></ul>AIKCU <br />
  8. 8. 20 institutions throughout Kentucky<br />Diverse locations, missions, and entrance requirements promote choice, opportunity, and access for students<br />
  10. 10. COLLEGE READINESS <br />New Metric-New Teacher Excellence: Three-year smoothed average percent of teaching program graduates who score in the top 15 percent nationally on the Praxis II Principles of Learning and Teaching exit exams at all grade levels (ETS Recognition of Excellence Award). <br />AIKCU<br />
  11. 11. STUDENT SUCCESS <br />New Metric-Direct Net Cost: For low-income, in-state students, the cost of tuition, fees and books after all grants and scholarships received. Negative amounts reflect grant money available to pay indirect costs such as room and board.<br />*Academic year 2008-09.<br />AIKCU<br />
  12. 12. AIKCU Total Degrees Awarded by Level<br />AIKCU awarded 21% of all bachelor’s degrees and 23% of Master’s/Specialists degrees in 2009/10<br />AIKCU<br />
  13. 13. STUDENT SUCCESS<br />AIKCU 4-Yr Graduation Rate (2008-09) = 39%<br />AIKCU<br />
  14. 14. <ul><li>2010-11 average tuition =$19,076
  15. 15. 30% less than national, 20% less than Southern private college averages
  16. 16. Average tuition increase, 2010-11 to 2011-12: 4.9%
  17. 17. 9 campuses report increases to 2011-12 financial aid budgets of 5-16.5%, average of 9% increase
  18. 18. Campuses annually provide more than $190 million in institutional aid (2009), the majority of it need-based
  19. 19. Average tuition discount (2009): 38%</li></ul>Committed to affordability, value<br />AIKCU<br />
  20. 20. Financial aid to AIKCU students by source (2008-09)<br />Source: IPEDS, KHEAA, NAICU<br />AIKCU<br />
  21. 21. Percent of dependent aid applicants from families earning less than $30,000<br />Source: The Institute for College Access & Success, College InSight,<br />AIKCU<br />
  22. 22. High percentages of Pell grants at AIKCU institutions (2009-10)<br />Source: Fall 2009 Enrollment Data from CPE; 2010 NAICU Student Aid Reports.<br />AIKCU<br />
  23. 23. KHEAA aid to AIKCU students, 2009-10<br />10,653<br />$10.7<br />Total KHEAA distributed aid to 14,600 (unduplicated) AIKCU students was $56.27 million.<br />AIKCU<br />
  24. 24. Courtesy of KHEAA:<br />CAP Grant/KTG FY 2010 Disbursements and Unfunded Potential Awards*<br />57,689 Students<br />35,460Students<br />12,608Students<br />5,632 Students<br />* Unfunded Potential Awards represents the number of otherwise eligible applicants denied awards due to exhaustion of funds reduced by the likely utilization of the awards. <br />AIKCU<br />
  25. 25. Federal financial aid reductions may impact thousands of Kentuckians<br /><ul><li>114,000 Kentuckians received $408 million in Pell in 2009-10
  26. 26. 12,000 AIKCU students received $47.4 million
  27. 27. CAP lost $940,000 in federal funding for 11-12 with elimination of LEAP/SLEAP program
  28. 28. Potential Federal PELL cuts could further impact CAP recipients.
  29. 29. Decrease in maximum award
  30. 30. Stricter eligibility requirements (decrease in EFC threshold)</li></ul>Source: KHEAA, NAICU<br />AIKCU<br />
  32. 32. EFFICIENCY AND INNOVATION <br />New Metric-Credits Earned by Degree Graduates: Mean number of credits that students earned at the time of graduation, including credit transferred in to the degree-granting institution and developmental/remedial coursework. <br />New Metric-Online Learning: Of all courses completed in the academic year, the percentage of credit hours completed which were delivered through distance learning. <br />AIKCU<br />
  33. 33. WHAT NEXT?<br /><ul><li>Continue to find ways to maximize efficiency: AIKCU students receive less than 5% of all Kentucky spending on postsecondary education, all in student financial aid
  34. 34. Stand for students: Challenges ahead for state and federal financial aid systems
  35. 35. AIKCU committed to Stronger by Degrees, working with CPE staff to set sector targets
  36. 36. Ways to support AIKCU’s significant contributions to achieving statewide targets?</li></ul>AIKCU<br />
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