Financial Aid Database

Background

2004 Noel-Levitz analysis of financial aid data and enrollment management practices

2005 Recommendations submitted to State Regents

Oklahoma State Regentsfor Higher Education

Financial Aid Database

#24 “recommend that all Oklahoma institutions whose students are eligible to receive state-funded assistance…submit unit (student) level reporting...From these data OSRHE could determine allocation levels for the OTAG awards and perform research on the usage, interaction, and effectiveness of state programs...

…Moreover, individual institutions would benefit from this process by having a database appropriate for conducting research on the impact of aid on student enrollment behavior at their campus.”

Financial Aid Database

2008 RFP

1. Develop capacity to report on financial aid related issues and perform research on the usage, interaction, and effectiveness of state programs using student academic information, demographics, full financial aid award information, income level, financial need, expected family contribution, etc.

Financial Aid Database

2008 RFP

2. OSRHE will collect financial aid data to supplement existing unit record student data collected in the OSRHE Unitized Data System (UDS).

Financial Aid Database

2008 RFP

3. Individual institutions also should be able to benefit from this database by conducting research on the impact of aid on student enrollment behavior at their campus.

Financial Aid Database

2008 RFP

4. Data will be collected as needed from the 31 Oklahoma public higher education institutions and related entities with development to include an option to add other Oklahoma institutions.

Financial Aid Database

State Regents supportFundingStaff

Advisory CommitteeFinancial AidUDS CoordinatorsEnrollment ManagersPublic and Private

Financial Aid Database

What is the average net cost of attendance? Do these levels appear to be manageable to students with known income information?

How are federal financial aid programs interacting with state funds such as OTAG, Oklahoma’s Promise and institutional financial aid/tuition waiver programs in meeting students’ financial needs?

Financial Aid Database

What is the level of unmet need for students byinstitutional sector, student need level, academic

preparation, or race/ethnicity?

How does the level of financial assistance providedimpact student persistence?

Are poorer students borrowing larger amounts than their richer counterparts?

Financial Aid Database

March 12 Advisory Committee meetingApril 13-14 Institution meetingsApril 24 UDS data submitted May 13 Finalize code tablesJune 10 Institution data submittedAugust 1 Data finalizedOct. 20-21 Review findings and filesOctober 22 Report to State Regents

Financial Aid Database

Debra L. Stuart

Vice Chancellor for Educational Partnerships

dstuart@osrhe.edu

(405) 225-9168