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Scholarship Breakfast December 1, 2011 10,000 DEGREES CREATING COLLEGE GRADUATES WHO CHANGE THE WORLD
WELCOME <ul><li>Introductions </li></ul><ul><li>Our students </li></ul><ul><li>Financial Aid Landscape </li></ul><ul><li>P...
MISSION <ul><li>We believe everyone should have a chance at college!  We advocate for equal educational opportunity and su...
PIPELINE OF SERVICES FROM THIRD GRADE TO A COLLEGE DEGREE AND BEYOND Alumni stay connected, the cycle continues, the movem...
WHO WE SERVE <ul><li>Every high school </li></ul><ul><li>100% from low income households </li></ul><ul><li>78% traditional...
 
TOP TEN
FINANCIAL AID LANDSCAPE <ul><li>UC tuition rose 32% from 09/10 to 10/11 </li></ul><ul><ul><li>Slated for 9% increase (both...
UNMET NEED
COMPLETION
HOW THEY ARE PAYING <ul><li>Comprehensive financial aid profiles </li></ul><ul><li>Average unmet need  $12,698 </li></ul><...
INSTITUTIONAL AID <ul><li>UC/CSU ’s offset with Cal Grant </li></ul><ul><ul><li>UC Davis  </li></ul></ul><ul><li>Claremont...
OPPORTUNITIES <ul><li>Loan confusion </li></ul><ul><li>Leveraging other scholarships </li></ul><ul><li>Work study (Persist...
FINANCIAL RESOURCES <ul><li>“ Grant aid has clearest positive effect on degree attainment.” </li></ul><ul><li>Students who...
OUR GOAL <ul><li>Financial resources are not a barrier to students accessing, pursuing and completing postsecondary educat...
UNDERGRADUATE <ul><li>Largest program </li></ul><ul><ul><li>723 Applications </li></ul></ul><ul><ul><ul><li>60% new  </li>...
COMMUNITY GROUNDED & TESTED PROCESS <ul><li>Basic Eligibility </li></ul><ul><li>Motivation, persistence and perseverance <...
BASIC ELIGIBILITY <ul><li>Complete application by March 2 </li></ul><ul><li>Graduated Marin county high school (or 2 years...
MOTIVATION, PERSISTENCE AND PERSEVERANCE <ul><li>Demonstrated through essay </li></ul><ul><li>Essay Scoring </li></ul><ul>...
COMMUNITY GROUNDED & TESTED PROCESS <ul><li>Basic Eligibility </li></ul><ul><li>Motivation, persistence and perseverance <...
DIFFICULT DECISIONS <ul><li>Finalist pool + Available $$ </li></ul><ul><li>Prepare scenarios </li></ul><ul><ul><li>Board a...
ONE APPLICATION FOR ALL <ul><li>All applicants also considered for DAS/Special Scholarships </li></ul><ul><li>Slightly wid...
SCHOLARSHIP + SUPPORT <ul><li>College matching </li></ul><ul><ul><li>Selecting the right  “fit” </li></ul></ul><ul><ul><li...
“ DOLLARS FOR DEGREES” <ul><li>Recommendations for Scholarships </li></ul><ul><ul><li>Simple and transparent </li></ul></u...
WHAT’S NEW <ul><li>College Completion Coordinator </li></ul><ul><ul><li>Office hours at COM, SRJC </li></ul></ul><ul><ul><...
UPCOMING DATES <ul><li>January/February – Cash for College  </li></ul><ul><li>March 2 – Deadline for Scholarship Applicati...
QUESTIONS Traci Lanier 415-451-4005 [email_address]
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Finding the Money - Scholarship info breakfast

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December 1, 2011, 10,000 Degrees hosted &quot;Finding the Money&quot; a breakfast for adult advocates and allies to review our findings about how low income students are really paying for college and updates on the 10,000 Degrees scholarship process.

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  • Introductions Leave with - understanding of our process - what they can do to help students - how we can help.
  • Name Change – Mission remains
  • Our Solution is a killer app—84% of our students graduate from college within 6-years and more than 30% start of off at community college. We combine the planting of a dream (low-touch programs) with the age-appropriate needed information and guidance, and financial education with meaningful and renewable financial aid and the necessary college completion support. This And the greatest part about this model, is our college graduates return to be the volunteer mentors of our students, college advisors, staff, Board and volunteers. We currently have 350 active alumni—they are paying it forward and growing the movment. Nothing illustrates the profound change we ’re creating like the appointment of our first alumnus as Board Chair. Saul Pena. He is a graduate of the University of San Francisco, a Vice-President with Dodge &amp; Cox Investment Managers, and an active contributor of funds, time and leadership. The by-product of this model is systemic change—as college graduates return to their communities, having experienced a powerful transformation, the cycle continues and they strengthen the movement. This model propels the advocacy arm of 10,000 Degrees. In 2004, we launched the Educational Equity Campaign, convenining community leaders, school personnel and leaderships, parents and students to share and reflect on data, Next Step: a program that is in its nascent stage as we just hired our first full-time College Completion Coordinator to focus on this area. The program really begins while they ’re in college, during winter and summer breaks—they attend alumni panels, information interviews and internships. 254 students in SAI has served more than 500 students, 98% college enrollment, last three years has been 100% college enrollment. Given our recent 3 rd party evaluation, we have an evaluation and learning loop that feeds back to program …..
  • Every high schools – comprehensive and alternative and many privates Pell eligible
  • 30% community college. 50% public institution We sent 350 students to 89colleges around the US..
  • Graph: schools attended 30% CC 45% public 25% private
  • Financial aid is not keeping pace with the rising costs. Over time, our students average unmet need has gone from $8000 to $12,000 over the last 4 years. And we know in considering college, that the question is not entirely about access anymore…
  • Students from the lowest income quartiles are not completing college. This shows a six year completeion rate of 54% .. But I have seen a recent report that put the graduation rates for students in the lowest income quartiles at 9% I ’ve seen report that graduation rates for the lowest income quartile ore 9% Graph of grad rates – students who start at 4 year schools who graduate in six years Us 55.9% Ca: 63.1% -- 10KD: 84%
  • Once at the threshold of college, one of the biggest pieces of the enrollment and persistence puzzle is how students are financing college. Knowing that our students were facing an increasing unmet need, and rising costs, we wanted to understand how students are really paying for college so that we could focus on closing that gap. This year we collected comprehensive financial aid profiles on our scholarship recipients. Wanted to know how students are really meeting that unmet need portion of their education (and in some cases how they are covering the Estimated family contribution) Cal Grant – Surprised… Underutilized in state Credit cards – Reducing school to work more Looking for trends
  • The importance of grant Free $$ is well researched, and
  • Through our scholarship programs and financial education outreach and workshops our goal 0-- Donor advised (about 20 different fund) in FY 11 awarded 173 students $ 371,130 Criteria Low income households (Pell grant eligible) Postsecondary education (post high school)
  • Outreach How do we move from applicants to awards. Applications are due March 2. Review basic criteria ( Review transcripts “ Audit” of 10% of applicants Motivation, persistence and perseverance Community grounded reading, tested rubric that looks at answer of the question vs. grammar, essay in native language, readers are community members who come together for a day. Each essay is read twice, discrepant scores are scored by chief reader. Slightly different process for renewals (progress, continueing financial need ) Finalist pool developed New awards = Basic eligibility + essay + financial need Renewals = Progress + eligibility + continuing financial need Process consistenet with HR4 pension protection act, and the Council on Foundation guidelines on schoalrship
  • How do we move from applicants to awards. Applications are due March 2. Review basic criteria ( Review transcripts “ Audit” of 10% of applicants
  • Chief reader is Patricia Holland – trains a group of 10 readers who spend a Saturday in April scoring the essays. that looks at answer of the question vs. grammar, essay in native language, readers are community members who come together for a day. Each essay is read twice, discrepant scores are scored by chief reader.
  • Combine those two with a calculation of financial need. – Federal Pell formula. EFC provided on application – or students can complete financial worksheet and we will calculate internally. Slightly different process for renewals (progress, continueing financial need ) Finalist pool developed New awards = Basic eligibility + essay + financial need Renewals = Progress + eligibility + continuing financial need Process consistenet with HR4 pension protection act, and the Council on Foundation guidelines on schoalrship
  • We want to ensure that our awards make a meaningful difference in our students financial need. Maintain an average award – Scholarship budget plus finalist pool, develop an award matrix. Challenge. Always more finalists than $$ -- struggle, fewer new students to ensure renewing support, reduce maximum award, only award essays of 7 and 8, reduce threshold of financial need.
  • Scholarships that have a community invovlement, or donor designated restrictions. Examples Asian Scholarship Fund BFA schoalrship – jewish descent Kryzanowski Family Scholarship Carol Bartz Scholarship for Math, Science and Technology..
  • Structuring post-secondary scholarships to increase student success. ” On our experience of 30 years, but learning from leaders in the field. Pre-enrollment services - academic preparation, application assistance and financial aid guidance
  • Transcript of "Finding the Money - Scholarship info breakfast"

    1. 1. Scholarship Breakfast December 1, 2011 10,000 DEGREES CREATING COLLEGE GRADUATES WHO CHANGE THE WORLD
    2. 2. WELCOME <ul><li>Introductions </li></ul><ul><li>Our students </li></ul><ul><li>Financial Aid Landscape </li></ul><ul><li>Paying for college </li></ul><ul><li>Scholarship process </li></ul><ul><li>Looking ahead </li></ul><ul><li>Questions </li></ul>
    3. 3. MISSION <ul><li>We believe everyone should have a chance at college! We advocate for equal educational opportunity and support students most in need to successfully access, pursue and complete higher education. </li></ul>
    4. 4. PIPELINE OF SERVICES FROM THIRD GRADE TO A COLLEGE DEGREE AND BEYOND Alumni stay connected, the cycle continues, the movement grows. Planting the Seed College Tours Early Awareness Financial Education/College Planning Information and Guidance College Institute Mentoring College & Financial Aid Counseling College Matching Financial Education & Aid Meaningful Scholarships Other Free Aid Financial Aid Counseling College Completion Support 84% Graduation Rate Next Step Alumni Engagement ELEMENTARY SCHOOL MIDDLE SCHOOL HIGH SCHOOL SENIOR YEAR COLLEGE ALUMNI
    5. 5. WHO WE SERVE <ul><li>Every high school </li></ul><ul><li>100% from low income households </li></ul><ul><li>78% traditionally underrepresented </li></ul><ul><li>77% first generation </li></ul><ul><li>2011 – 2012 </li></ul><ul><li>Awarded 522 scholarships to 471 students </li></ul><ul><li>172 students in high school intensive programs </li></ul><ul><li>92 volunteer mentors </li></ul><ul><li>Will touch 1500 through tours, workshops, outreach </li></ul>
    6. 7. TOP TEN
    7. 8. FINANCIAL AID LANDSCAPE <ul><li>UC tuition rose 32% from 09/10 to 10/11 </li></ul><ul><ul><li>Slated for 9% increase (both systems) </li></ul></ul><ul><ul><li>68% in the past five years </li></ul></ul><ul><ul><li>CSU 60% in the past five years </li></ul></ul><ul><ul><li>CC fees slated to rise $10/unit to $36 </li></ul></ul><ul><li>Pell grants/federal state aid in jeopardy </li></ul><ul><li>Available grant funding declines over a student’s college career </li></ul><ul><li>Dream Act! </li></ul>
    8. 9. UNMET NEED
    9. 10. COMPLETION
    10. 11. HOW THEY ARE PAYING <ul><li>Comprehensive financial aid profiles </li></ul><ul><li>Average unmet need $12,698 </li></ul><ul><ul><li>Pell Grant – 71% </li></ul></ul><ul><ul><li>Cal Grant – 62% </li></ul></ul><ul><li>Reducing the gap </li></ul><ul><ul><li>Family loans </li></ul></ul><ul><ul><li>Credit cards </li></ul></ul><ul><ul><li>Private loans </li></ul></ul><ul><ul><li>Reducing school to work more </li></ul></ul>
    11. 12. INSTITUTIONAL AID <ul><li>UC/CSU ’s offset with Cal Grant </li></ul><ul><ul><li>UC Davis </li></ul></ul><ul><li>Claremont Colleges giving the best packages </li></ul><ul><li>St. Mary ’s giving slightly more than Dominican </li></ul><ul><li>Regardless – The gap remains. </li></ul>
    12. 13. OPPORTUNITIES <ul><li>Loan confusion </li></ul><ul><li>Leveraging other scholarships </li></ul><ul><li>Work study (Persistence) </li></ul><ul><li>Renewing/maintaining financial aid </li></ul><ul><li>Multi-year planning! </li></ul>
    13. 14. FINANCIAL RESOURCES <ul><li>“ Grant aid has clearest positive effect on degree attainment.” </li></ul><ul><li>Students who leave college report: </li></ul><ul><ul><li>71% “I needed to go to work.” </li></ul></ul><ul><ul><li>52% “ I couldn’t afford tuition” </li></ul></ul><ul><li>For low income students - increase of $1000 in net price results in decline of 3% in six year graduation rates </li></ul>
    14. 15. OUR GOAL <ul><li>Financial resources are not a barrier to students accessing, pursuing and completing postsecondary education. </li></ul><ul><li>Primary programs </li></ul><ul><ul><li>Undergraduate (UGR) </li></ul></ul><ul><ul><li>Child Care (CCS) </li></ul></ul><ul><ul><li>Special/Donor Advised (DAS) </li></ul></ul><ul><ul><li>Professional & Technical Training (PTT) </li></ul></ul>
    15. 16. UNDERGRADUATE <ul><li>Largest program </li></ul><ul><ul><li>723 Applications </li></ul></ul><ul><ul><ul><li>60% new </li></ul></ul></ul><ul><ul><ul><li>40% renewing </li></ul></ul></ul><ul><li>Renewable </li></ul><ul><ul><li>Up to six years </li></ul></ul><ul><ul><li>Demonstrated </li></ul></ul><ul><ul><li>progress (2.0) </li></ul></ul><ul><ul><li>85% renewal rate </li></ul></ul>
    16. 17. COMMUNITY GROUNDED & TESTED PROCESS <ul><li>Basic Eligibility </li></ul><ul><li>Motivation, persistence and perseverance </li></ul><ul><li>Financial need </li></ul>
    17. 18. BASIC ELIGIBILITY <ul><li>Complete application by March 2 </li></ul><ul><li>Graduated Marin county high school (or 2 years residency in Marin) </li></ul><ul><li>Seeking 1 st bachelors degree (or 5 th year credential) </li></ul><ul><li>Plans to enroll </li></ul><ul><ul><li>12 or more units </li></ul></ul><ul><ul><li>Accredited school </li></ul></ul>
    18. 19. MOTIVATION, PERSISTENCE AND PERSEVERANCE <ul><li>Demonstrated through essay </li></ul><ul><li>Essay Scoring </li></ul><ul><ul><li>Community grounded reading </li></ul></ul><ul><ul><li>Tested rubric </li></ul></ul><ul><ul><li>Scored twice </li></ul></ul>
    19. 20. COMMUNITY GROUNDED & TESTED PROCESS <ul><li>Basic Eligibility </li></ul><ul><li>Motivation, persistence and perseverance </li></ul><ul><li>Financial need/Pell Eligible </li></ul>
    20. 21. DIFFICULT DECISIONS <ul><li>Finalist pool + Available $$ </li></ul><ul><li>Prepare scenarios </li></ul><ul><ul><li>Board approved </li></ul></ul><ul><ul><li>Renewing students </li></ul></ul><ul><ul><li>1 st year students </li></ul></ul><ul><ul><li>Essay score </li></ul></ul>
    21. 22. ONE APPLICATION FOR ALL <ul><li>All applicants also considered for DAS/Special Scholarships </li></ul><ul><li>Slightly wider financial need definition in some cases </li></ul><ul><li>Examples: </li></ul><ul><ul><ul><li>Outstanding community service </li></ul></ul></ul><ul><ul><ul><li>Teaching children 0-5 </li></ul></ul></ul><ul><ul><ul><li>Science, engineering, technology or math </li></ul></ul></ul><ul><ul><ul><li>Teaching credential </li></ul></ul></ul><ul><ul><ul><li>Parents employed by Marin Retirement Communities, SF Yacht Club </li></ul></ul></ul><ul><li>Exceptions: Child Care, Marin County Bar Association, New Leader Scholarship </li></ul>
    22. 23. SCHOLARSHIP + SUPPORT <ul><li>College matching </li></ul><ul><ul><li>Selecting the right “fit” </li></ul></ul><ul><ul><li>Full multi-year picture of cost and aid </li></ul></ul><ul><li>Leveraging other scholarships </li></ul><ul><ul><li>Ensuring that our students access as much free aid as possible (on average $15,000) </li></ul></ul><ul><li>New student orientation (Early August) </li></ul><ul><li>Persistence programs </li></ul><ul><ul><li>Helping students continue thru the pipeline </li></ul></ul>
    23. 24. “ DOLLARS FOR DEGREES” <ul><li>Recommendations for Scholarships </li></ul><ul><ul><li>Simple and transparent </li></ul></ul><ul><ul><li>Multi-year and predictable awards </li></ul></ul><ul><ul><li>Watch “displacement” </li></ul></ul><ul><ul><li>Consider incentives for academic success </li></ul></ul><ul><li>Recommendations for Non Financial Supports </li></ul><ul><ul><li>Post enrollment - academic, social and financial supports, including availability of emergency funding </li></ul></ul><ul><ul><li>Deliver services proactively or make them required </li></ul></ul><ul><ul><li>Adapt programs to support community college students </li></ul></ul>
    24. 25. WHAT’S NEW <ul><li>College Completion Coordinator </li></ul><ul><ul><li>Office hours at COM, SRJC </li></ul></ul><ul><ul><li>10KD Scholars & Friends at COM </li></ul></ul><ul><li>Community College Incentive Program </li></ul><ul><li>Leadership Corps </li></ul><ul><li>College Set IDA program </li></ul><ul><li>Summer Application Institute ==== ??? </li></ul><ul><li>Regional assignments </li></ul>
    25. 26. UPCOMING DATES <ul><li>January/February – Cash for College </li></ul><ul><li>March 2 – Deadline for Scholarship Application (high school seniors and beyond) </li></ul><ul><li>March 15 – Deadline for SAI/10kd Institute application (high school sophomores and juniors) </li></ul>
    26. 27. QUESTIONS Traci Lanier 415-451-4005 [email_address]
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