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
Central Connecticut State University
OverviewBackground
Definition of Net Price
Methodology
Institutional Profile
Implementation
Findings
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
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
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
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%
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
Central Connecticut State University
Step 1:
1.
Central Connecticut State University
2.
Central Connecticut State University
3.
Central Connecticut State University
From IPEDS
4.
Central Connecticut State University
2008-09
IPEDS
5.
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
Central Connecticut State University
Banner Tables: Rprawrd and Rfrbase
Central Connecticut State University
Banner Tables: Rorstat and Rtvbgrp
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
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
Central Connecticut State University
7.
Central Connecticut State University
8. Review the data
that you have entered
Central Connecticut State University
9.
Review the data that you have
entered
Central Connecticut State University
Final Step: NetPriceCalculator.zip file
10.
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).
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
Central Connecticut State University
User enters data to the Net Price Calculator (This template was created with athletics aids)
Central Connecticut State University
With Athletics Aids in NPC Template
Central Connecticut State University
User enters data to the Net Price Calculator (This template was created without athletics aids)
Central Connecticut State University
Without Athletics Aids in NPC Template
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 ‡
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)
Central Connecticut State University
Questions
Paula Bunce [email protected] Chung [email protected] Research & AssessmentCentral Connecticut State University
Contact Information