Preparing and Paying for College: The CFNC Partnership

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Preparing and Paying for College The CFNC
Partnership

• Steven E. Brooks
• Executive Director
• North Carolina State Education Assistance
  Authority

• LEADERSHIP North Carolina
• Education Session
• Charlotte, North Carolina
• December 2, 2005

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State Education Assistance Authority a state
agency

• Board of Directors appointed by the Governor
• About 65 employees
• Responsible for over 45 student aid programs
• Secure capital for federal student loans
• Guarantee those loans against default
• Administer grants for UNC, Community Colleges,
  Independent Colleges
• Administer vocational scholarship/loans
• Administer National College Savings Program (529
  college savings)
• Engage in outreach and training activities for
  students, school counselors and financial aid
  administrators in North Carolina

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College Foundation Incorporated (CFI) a
nonprofit 501(c)(3) in service to the State

• Board of Trustees appointed by the Governor
• About 180 employees
• Administers on behalf of SEAA
• Federal student loans
• State grants for college students
• National College Savings Program
• Information dissemination

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Pathways a state partnership

• Requested by the UNC Board of Governors and
  funded by the 1999 General Assembly
• Initial partners include
• Department of Public Instruction
• NC Community College System
• NC Independent Colleges and Universities
• UNC System
• SOICC
• State Education Assistance Authority

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CFNC Partnership
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Our Primary Goal Access
To increase the college-going rate in North
Carolina with particular attention toward
first-generation college students.
GOAL
Two obstacles facing first-generation college
students (1) Can I really go to college in
NC? (2) Can I afford to go to college?
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CFNC Partnership

• Target Audiences
• Students in grades 7-12 and their parents
• Parents and grandparents children 1-18
• Adult Learners
• Message
• One place to go for all you need to know to
• Plan, Apply, and Pay for college

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About North Carolina

• 1.3 million K-12 public school students
• 116 Colleges
• 58 Community Colleges
• 36 Independent Colleges
• 16 UNC campuses
• 6 Nursing Schools
• 90-95 of high school grads that go to college
  stay in NC
• 41 of freshmen at UNC are first-generation

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CFNC Access Services
Regional Representatives
Technology and Internet Services
Resource Center
www.CFNC.org
CFI staff Exhibitions School Visits Presentatio
ns Training
1.866.866.CFNC
Career Center Student Planner College Fair Online
Applications and HS Transcripts Paying for College
Toll-free Telephone Hotline for Career College
Planning Email from CFNC.org Publications Training
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CFNC Access Services
GEAR UP North Carolina
Publications
Media
Brochures Fliers CDs Mouse Pads Bookmarks
Low-income college students 7.3 million Grant
from Dept of Education 20 NC counties 6000
students
Television Radio Billboards Magazines Newspapers
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CFNC Resources
CommunicationsCFNC toll-free hotline, CFNC web
site email, CFNC ChatAnswering incoming calls
from students and families TrainingWorkshops
for school counselors, career development
coordinators, GEAR UP staff, teachers, media
coordinators, public librarians, access
professionals Spanish ServicesPublications,
marketing and partnerships, training, Spanish web
site, Spanish toll-free hotline and email
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CFNC Resources
PublicationsDevelopment and dissemination of
college planning publications and
newsletters Presentations and visitsHelping
provide extra resources to school districts,
college campuses, PTAs, civic clubs
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Publications
In your packet today selected publications
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CFNC Website
www.CFNC.org
Data as of November 21, 2005 visitors are
average since Aug.1, 2005
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Benefits Students

• Career Planning
• Academic Planning
• Compare Higher Education Options and
  Opportunities
• Applications
• One Place to Plan, Apply, and Pay for College

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Benefits Colleges

• Free Online Application
• Increased Visibility
• Source of Inquiries
• - Prospecting tool
• Time and Cost Savings
• - Applications
• - Transcripts

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Benefits Counselors

• Time and Cost Savings
• - Applications
• - High School Transcripts
• Track student progress
• Tools for career and academic planning
• Up-to-date resources on Higher Education in
  state
• Entrance requirements
• College costs
• Scholarships Grants and Loans

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Benefits State

• Provides a more highly educated workforce
• Increases opportunities to attract a more diverse
  base of businesses to North Carolina
• Provides a more educated populace with diverse
  backgrounds

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Need-Based State Grants grew in 9 years, from 37
million to 144 million annually!

• UNC Need Based Grant
• Community College System Grant
• State Contractual Scholarship Fund
• Student Incentive Grant
• Campus Scholarships
• Teaching programs
• Health programs

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877 Million Total Financial Aid through
NCSEAA/College Foundation

• 2004-2005 School Year 244,000 awards made
• State Grants and Scholarships
• Federal Family Education Loan
• State Scholarship-Loan
• SEAA Loans

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Questions