Implementation of

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Implementation of New Disclosure
Requirements Higher Education Opportunity Act
(HEOA) July 13, 2009
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Presenters

• Judy Florian
• Macomb Community College
• Joseph Pettibon
• Texas A M University

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About Macomb

• Established in 1954
• Located in Macomb County, the third most populous
  county in Michigan
• Ranks nationally in the top 2 in the number of
  associates degrees awarded
• Largest grantor of associates degrees in
  Michigan
• Future satellite site of MSUs College of
  Osteopathic Medicine
• Education programs include pre-college,
  university transfer and career preparation
  program, bachelors degree completion, workforce
  training, professional/continuing education
• Providing learning experiences to more than
  59,000 students annually

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About Macomb

• 49 of students receive financial aid totaling
  31.9M
• 30 receive Federal Pell Grants
• 30 increase in financial aid recipients from
  2008-09 to date due to Michigan economy
• 10 full-time staff 9 part-time
• 3 campus locations

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Current Institutional Relationshipwith Financial
Aid

• Regularly keep offices updated on federal
  mandates, including Presidents Council
• Strong working relationship with institutional
  research, provost and campus police
• Emphasis on institutional responsibility, not
  just financial aid

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HEOA Strategy

• Participated in NASFAA webinars
• Sent NASFAA CEO letter to College President in
  September, 2009 to alert to new legislation
• Reviewed and summarized requirements
• Categorized based on area responsible
• Determined task force members

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Financial Aid Issues

• Reviewed financial aid specific information with
  key staff (i.e. loan coordinator, publications,
  etc.)
• Developed calendar for implementation timelines
• Reviewed website for key areas for revisions
• Reviewed publications for revisions

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Task Force Members

• Director of Financial Aid-Chair
• Asst. VP for General Counsel
• Manager of Financial Aid Systems
• Provost/Chief Learning Officer
• Director of Enrollment/Registrar
• Dean of Students
• Asst. VP Human Resources
• Director of Athletics
• Campus Police
• Institutional Research representative
• Governmental Relations staff
• Director of Information Technology
• Follett Bookstore Representatives (2)

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Approach to Implementation

• Reviewed entire summary at first meeting
• Reviewed timelines for each item
• Assigned tasks for completion, with appropriate
  team leaders
• Two follow-up meetings to review progress (more
  to be scheduled as appropriate)
• Fortunate to have Legal Counsel take a very
  active role
• All members were extremely cooperative and
  willing to help

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Completed Milestones

• Code of Conduct
• Notice to students concerning penalties for drug
  violations
• Protection of Student Speech and Rights
• Whistleblower Protection and Anti-Retaliation
• Statute of Limitations and State Court Judgments
• Transfer credit policies
• Certification Regarding use of Federal Funds
• Various issues related to PPA (i.e. voter
  registration, code of conduct, disciplinary
  proceedings)
• Consumer Information
• Loan disclosures
• Disclosure of Campus Security Policy and Report
• Hate crime reporting and emergency response in
  progress

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Issues In Progress

• Net Price Calculator
• Institutional Research, IT and Financial Services
  are working on this issue
• Waiting to see what others are doing
• Flexibility due to later effective date
• Textbook Policy
• Task Force with Follett staff and College
• Reviewing faculty contract for possible issues
• Information for College Navigator Website
  (waiting for announcement on implementation)

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Future Goal

• Include complete listing of consumer information
  for website
• Include names of disclosures
• Where they can be found
• Distribution method
• Contact name
• Several schools have great samples (Hofstra
  University, Iowa State University, Northwestern
  State)

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Issues to Consider

• FSA guidance expected on some issues
• Decided not to wait until Dear Colleague is
  released for guidance
• Using our best projections of what the law
  requires
• Flexibility will be required if guidance
  conflicts with our assumptions

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About Texas AM University

• Opened in 1876
• Located in College Station, Texas
• Ranked 1 by Smart Money for Return on Investment
• Branch campuses in Galveston, Texas and Qatar
• Includes Veterinary Medicine
• Enrolls almost 50,000 students

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About Texas AM University

• 79 of students receive some financial aid
  totaling more than 448M
• 18 receive Federal Pell Grants
• 22 increase in financial aid applications

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HEOA Strategy

• Participated in NASFAA webinars
• Discussion at Provost Staff Meeting
• Maintains constant contact with Vice President
  for Governmental Affairs
• Met with directors for planning retreat
• Reviewed and summarized requirements
• Categorized based on area responsible

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Financial Aid Issues

• Reviewed financial aid specific information with
  key staff (i.e. Assistant Director of Loans,
  publications, etc.)
• Developed calendar for implementation timelines
• Reviewed website for key areas for revisions
• Reviewed publications for revisions

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Completed Milestones

• In a similar position as Macomb
• Additional comments
• Code of Conduct
• Net Price Calculator

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Disclosures Required by HEOA
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Program Participation Agreement

• Institutions must disclose information on
• Violent Crime information/results to victim
• Preferred Lender List update information

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Educational Lender Arrangements

• Institutions must disclose information on
• The name of the lender in documentation related
  to the loan
• Eligibility for federal student aid, including
  loans under
• Title IV
• Certain federal assistance information on its Web

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Lender Responsibilities - FFEL

• Lenders must disclose information on
• The loan in simple and understandable terms.
• The long list of items that must be included in
  the disclosures is included in the law.
• Loan repayment benefits offered at the time of
  repayment.
• Certain consolidation loan information at the
  time it provides an application for a
  consolidation loan.

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Disclosures Required

• Institutions must disclose information on
• Conditions of FFEL, Direct and Perkins loans
• Plans to improve the institutions academic
  program
• Transfer credit policies/articulation agreements
• Policies on all vaccinations
• The institutions report on fire safety

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Disclosures Required

• Institutions must disclose information on
• Crime Statistics, including larceny-theft, simple
  assault, Intimidation and destruction, damage, or
  vandalism of property
• Emergency response/evacuation procedures
• Missing person reporting
• Drug violations penalty notice

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Disclosures Required

• Institutions must disclose information on
• Student body
• Diversity
• Placement in employment and types of employment
  obtained by graduates
• The retention rate of certificate or
  degree-seeking, full-time undergraduate students

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College Navigator
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Disclosures for CollegeNavigator Web Site

• Mission
• Number of applicants for admission-admitted and
  attendees
• SAT or ACT scores (if school requires) for middle
  50 range of freshman class
• Number of first-time, full-time and part-time
  students at undergraduate/graduate levels
• Number of degree or certificate seeking students
  who transferred in
• Percentages of male and female students
• Percentages of first-time, full-time degree or
  certificate seeking undergraduates who are
  in-state, out-of-state, or international

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College Navigator Disclosures (continued)

• Percentage of first-time, full-time degree or
  certificate seeking students by race/ethnicity
• Percentage of undergraduates formally registered
  with institutions disability services
• Percentages of first-time, full-time degree or
  certificate seeking undergraduates who graduate
  within normal time, 150 of normal, 200 of
  normal
• Number of certificates, associate degrees,
  baccalaureate, masters, professional and
  doctoral degrees awarded by the institution

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College Navigator Disclosures (continued)

• Undergraduate majors with most degrees awarded
• Student-faculty ratio, number of
  full-time/part-time faculty and number of
  graduate assistants with primarily instructional
  responsibilities
• Costs of attendance for following categories
  living on campus, living off campus (for public
  institutions, separate by in state and out of
  state students
• Average annual grant awarded to first-time
  full-time undergraduate aid recipients

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College Navigator Disclosures (continued)

• Average annual amount of federal loans provided
  to undergraduates
• Total annual grant aid from all sources awarded
  to undergraduates
• Percentage of first-time, full-time
  undergraduates receiving federal, state and
  institutional aid
• Number of students receiving Pell Grants
• Cohort default rate

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College Navigator Disclosures (continued)

• Campus security information as already required
• Link to institutions web site for the following
  information
• Student activities offered
• Services for individuals with disabilities
• Career and placement services, during/after
  enrollment
• Transfer of credit from other institutions

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College Navigator Disclosures (continued)

• Link to Bureau of Labor Statistics (BLS) web site
  giving regional starting salaries in all major
  occupations
• Link to pricing summary page giving, for every
  Title IV recipient
• Tuition and fees for past 3 years
• Net price for past 3 years
• Net price for TIV aid recipients by income
  categories

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College Navigator Disclosures (continued)

• Link to reports required of institutions with
  largest cost increases
• IPEDS data
• Alternative tuition plans (such as guaranteed
  tuition)

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Private Education LoansSelf Certification Form
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Self Certification Form

• Shall
• Be developed in a standardized format
• Be made available to the applicant in written or
  electronic form, upon request of the applicant
• Include a place for the applicant's signature, in
  written or electronic form.

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Self Certification Form(continued)

• Shall include a place to provide information on
  the applicants
• Cost of attendance
• Estimated financial assistance, as determined by
  the institution
• Difference between the COA and EFC
• The Higher Education Opportunity Act Technical
  Corrections Bill excludes the Expected Family
  Contribution (EFC) from information that must be
  given to students

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Self Certification Form(continued)

• Must disclose to applicant
• May qualify for Federal, State, or Institutional
  student financial assistance, in place of or in
  addition to, a private education loan
• May affect the applicant's eligibility for free
  or low-cost Federal, State or institutional
  student financial assistance

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Self Certification Form(continued)

• Borrowers
• Have up to thirty calendar days to accept the
  terms of the loan
• during this time the rates and terms of the
  loan may not be changed by the private
  educational lender, with certain exceptions.
• May cancel a loan without penalty at anytime
  within three business days of the date the loan
  is consummated.
• Disbursement within the three business day
  cancellation window is prohibited.

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Questions?

• Judy Florian
• florianj_at_macomb.edu
• Joe Pettibon
• jpp2_at_tamu.edu

http//www.nasfaa.org/publications/2008/HEASummary
.html
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