New and Improved IPEDS Financial Aid and Finance Data and Analysis Tools for Student Aid Researchers

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New and Improved IPEDS Financial Aid and Finance
Data and Analysis Tools for Student Aid
Researchers

• Craig W. Bowen
• Postsecondary Institutional Studies Program
  National Center for Education Statistics 1990 K
  Street, NW Room 8134 Washington, DC 20006
  Craig.Bowen_at_ed.gov
•  

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Overview

• Recent and coming changes to the IPEDS student
  financial aid component
• The new IPEDS Data Tool for accessing
  institutional data related to financial aid and
  finance
• Other changes due to the Higher Education
  Opportunity Act (HEOA)

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IPEDS Student Financial Aid Survey Component
Changes

• Financial Aid Data Collected in IPEDS Prior to
  This Year
• Was very limited
• For full-time first-time degree/certificate
  seeking students
• Included number of students receiving aid and
  average amount of aid for these categories
• Any aid
• Federal grants
• State/local grants
• Institutional grants
• Loans

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IPEDS Student Financial Aid Survey Component
Changes

• New Financial Aid Data Collected in 2008-09 and
  2009-10
• NCES wanted to disaggregate some aid categories
  (break out Pell from other federal grants break
  out loans from federal loans)
• Initially introduced these changes as optional
  for 2008-09
• HEOA passed which caused us to have to make
  themplus other additionsmandatory in 2008-09
• HEOA also caused us to collect more financial aid
  data for 2009-10 in order to report net prices

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IPEDS Student Financial Aid Survey Component
Changes

• Groups of Interest in 2008-09
• All undergraduates (New group)
• All full-time first-time degree/certificate-seekin
  g undergraduate students
• Data Availability for 2008-09 Collection Data
• Data will be available on Data Center at the
  public level around Spring 2010

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IPEDS Student Financial Aid Survey Component
Changes

• Additions in 2008-09
• All undergraduates
• Total grant aid dollars received by all
  undergraduate students, from the federal
  government, a state or local government, the
  institution, and other sources known by the
  institution (New)
• Total number of all students who received a Pell
  grant (New)

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IPEDS Student Financial Aid Survey Component
Changes

• Additions in 2008-09
• Full-time first-time degree/certificate-seeking
  undergraduate students
• Number of students receiving aid and average
  amount of aid for these categories
• Any grants (New)
• Federal grants
• Pell grants (New)
• Other federal grants (New)
• State/local government grants
• Institutional grants

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IPEDS Student Financial Aid Survey Component
Changes

• Additions in 2008-09
• Full-time first-time degree/certificate-seeking
  undergraduate students
• Number of students receiving aid and average
  amount of aid for these categories
• Loans to students
• Federal loans (New)
• Other loans (New)

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IPEDS Student Financial Aid Survey Component
Changes

• Clarification in 2008-09
• Throughout these instructions the word received
  refers to aid that was awarded to, and accepted
  by, a student. This amount may differ from the
  aid that is disbursed to a student. For example,
  a student may accept aid that was awarded by the
  institution but then leave the institution prior
  to the aid being disbursed. In this case, because
  the student accepted the aid, please include this
  aid to the student in your report, even though
  the amount of aid was NOT actually disbursed to
  the student.

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IPEDS Student Financial Aid Survey Component
Changes

• Several Items Will Be Added to IPEDS SFA for
  2009-10
• Needed to calculate institutional net price for
  reporting on College Navigator and net price by
  income categories, as directed by HEOA

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IPEDS Student Financial Aid Survey Component
Changes

• Timeline for Net Price on College Navigator
• By July 1, 2010
• Three years of average net price
• One year of net price data for Title IV aid
  recipients disaggregated by income
• By July 1, 2013
• Three years of net price data for Title IV aid
  recipients disaggregated by income

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IPEDS Student Financial Aid Survey Component
Changes

• Groups of Interest in 2009-10
• All undergraduates
• All full-time first-time degree/certificate-seekin
  g undergraduate students
• Full-time first-time degree/certificate-seeking
  undergraduate students receiving grant aid (New
  subgroup)
• Full-time first-time degree/certificate-seeking
  undergraduate students receiving Title IV aid
  (New subgroup)
• Data Availability for 2009-10 Collection Data
• Data will be available on Data Center around
  Spring 2011

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IPEDS Student Financial Aid Survey Component
Changes

• Additions in 2009-10
• All undergraduates
• Collecting total amounts awarded for each aid
  category rather than average amounts as with the
  2008-09 collection

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IPEDS Student Financial Aid Survey Component
Changes

• Additions in 2009-10
• Full-time first-time degree/certificate-seeking
  undergraduate students
• Collecting total amounts awarded for each aid
  category rather than average amounts as with the
  2008-09 collection

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IPEDS Student Financial Aid Survey Component
Changes

• Additions in 2009-10
• Full-time first-time degree/certificate-seeking
  undergraduate students receiving grant aid
• Of these students, what are their living
  arrangements?
• On-campus, Off-campus with family, Off-campus not
  with family
• For the three prior academic years
• 2008-09, 2007-08, 2006-07

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IPEDS Student Financial Aid Survey Component
Changes

• Additions in 2009-10
• Full-time first-time degree/certificate-seeking
  undergraduate students receiving Title IV aid
• Of these students, what are their living
  arrangements?
• On-campus, Off-campus with family, Off-campus not
  with family
• For the most recent academic year (2008-09)

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IPEDS Student Financial Aid Survey Component
Changes

• Additions in 2009-10
• Full-time first-time degree/certificate-seeking
  undergraduate students receiving Title IV aid
• Number of students receiving any grant aid and
  total grant aid received by these students for
  these income categories
• 0-30,000
• 30,001-48,000
• 48,001-75,000
• 75,001-110,000
• 110,001 and more
• For the most recent academic year (2008-09)

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IPEDS Student Financial Aid Survey Component
Changes

• Data Availability
• All data elements collected through IPEDS
  reporting will be available though the Data Center

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IPEDS Data Center

• The new IPEDS Data Tool for accessing
  institutional data related to financial aid and
  finance

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IPEDS Data Center

• Brief tour of the Data Center
• Example Data Access

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IPEDS Data Center

• Example.
• Compare the price of attendance for out-of-state
  full-time first-time students living on campus at
  public Masters colleges and universities. (This
  example uses the Mid-East region and charges for
  the 2006-07 academic year.).

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IPEDS Data Center Live Example

• Example.
• Create a custom dataset that includes pricing
  data from the Institutional Characteristics
  component and financial aid data from the Student
  Financial Aid component for all 4-year
  institutions for the last 3 years of available
  data.

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New and Improved IPEDS Financial Aid and Finance
Data and Analysis Tools for Student Aid
Researchers

• Craig W. Bowen
• Postsecondary Institutional Studies Program
  National Center for Education Statistics 1990 K
  Street, NW Room 8134 Washington, DC 20006
  Craig.Bowen_at_ed.gov
•  

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Other IPEDS Changes Due to HEOA

• Other changes due to the Higher Education
  Opportunity Act (HEOA)

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Other IPEDS Changes Due to HEOA

• Higher Education Opportunity Act of 2008 (PL
  110-315)
• Signed into law August 14, 2008
• Has several provisions that mandate new reporting
  requirements (e.g., consumer info being reported
  for College Navigator through IPEDS, multi-year
  tuition calculator on Navigator)
• Also has many new disclosure requirements (e.g.,
  employment placement rates, graduation rates by
  federal aid categories, net price calculator)
  that institutions should be aware of but are not
  IPEDS

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Other IPEDS Changes Due to HEOA

• Reporting changes
• There are many new items that NCES must report on
  the College Navigator website, which requires
  some additions to IPEDS
• The A to Z consumer information list
• Net Price Data
• College Affordability Lists
• Multi-year Tuition Calculator
• State Higher Education Spending Charts

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Other IPEDS Changes Due to HEOA

• Timeline
• 8/14/09
• Consumer information items
• Multi-year tuition calculator
• State spending chart (State-level information)
• 7/1/10
• 3 yrs of average net price
• 1 yr of average net price disaggregated by income

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Other IPEDS Changes Due to HEOA

• Timeline
• 7/1/11
• College Affordability Lists (Sector-level
  information)
• 7/1/13
• 3 yrs of average net price disaggregated by income

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Other IPEDS Changes Due to HEOA

• Consumer Info Already in IPEDS
• Mission statement
• Admissions data
• Pricing data
• Completions/top areas of study
• Enrollment data by status, level, gender, R/E
  transfer-in data
• Residency/migration data
• Retention rates
• Graduation rates

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Other IPEDS Changes Due to HEOA

• Consumer Info to be Added in IPEDS
• Alternative tuition plans offered
• Student-to-faculty ratio
• Student financial aid
• Total grant aid award to all undergrads
• Total of all students who received Pell grant
• Students with disabilities
• 100, 150, 200 graduation rates

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Other IPEDS Changes Due to HEOA

• College Affordability Lists
• NCES must post to College Navigator by 7/1/11
• 6 lists for each of 9 sectors

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Other IPEDS Changes Due to HEOA

• Multi-year Tuition Calculator
• NCES must post to College Navigator by 8/14/09
• Will allow users to calculate estimated tuition
  and fees for normal duration of a program at an
  institution
• Will use price of attendance data from IC
• Will determine estimated annual change based on
  most recent 3 yrs of data
• Will take into account guaranteed tuition plans

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Other IPEDS Changes Due to HEOA

• State Higher Education Spending Charts
• NCES must post to College Navigator goal date
  August 2009
• For each state for each of the 5 most recent
  preceding academic years change in
• (1) spending per FTE student at all public
  institutions
• (2) tuition and fees for such students for all
  public institutions and
• (3) the total amount of need-based aid and
  merit-based aid provided by such State to FT
  students enrolled in public institutions

NCES plans to use exiting IPEDS data no
additions to IPEDS
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New and Improved IPEDS Financial Aid and Finance
Data and Analysis Tools for Student Aid
Researchers

• Craig W. Bowen
• Postsecondary Institutional Studies Program
  National Center for Education Statistics 1990 K
  Street, NW Room 8134 Washington, DC 20006
  Craig.Bowen_at_ed.gov
•