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With So Many Regulations, Can Financial Aid Ever Think Outside the Box? Dr. Virginia Iannone AVP Academic Support Services Barbara Miller Director of Financial Aid Stevenson University Stevenson, Maryland

With So Many Regulations, Can Financial Aid Ever Think Outside the Box?

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With So Many Regulations, Can Financial Aid Ever Think Outside the Box?. Dr. Virginia Iannone AVP Academic Support Services Barbara Miller Director of Financial Aid. Stevenson University Stevenson, Maryland. Session Overview. Who we are - PowerPoint PPT Presentation

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Page 1: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?

With So Many Regulations, Can Financial Aid Ever Think Outside the Box?

Dr. Virginia Iannone AVP Academic Support Services

Barbara Miller Director of Financial Aid

Stevenson University

Stevenson, Maryland

Page 2: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?

Session OverviewO Who we areO What were our student needs and why

did we need to join forcesO The Model

O Comprehensive assessmentO Individualized support planningO Fidelity monitoring

O ChallengesO Implementation considerations

Page 3: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?

Stevenson University: THENO 1947 – Villa Julie founded by Sisters of

Notre Dame – specializing in medical-secretarial training

O 1954 – Official approval as 2-year collegeO 1967 – separated from Catholic ChurchO 1972 – becomes co-edO 1984 – becomes 4-year collegeO 2004 – on campus residencesO 2008 – name changed to Stevenson

University

Page 4: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?

Stevenson University: NOWO Total enrollment: 4,212O Male/female: 34%/66%O Pursuing a bachelor’s degree: 90% (10%

accelerated)O Pursuing a master’s degree: 10%O Minorities: 37%O Maryland residents: 85%O Full-time students living on campus: 56%O 25 athletic teams + marching bandO 92% of graduates received jobs or went on to

further their education within 6 months of graduation

Page 5: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?

Need for a New ModelO New regulations from the Department of

EducationO Institutional discussions among our

Strategic Enrollment Management teamO Extensive overlap between students who

failed SAP and other targeted cohorts

These led to the Office of Financial Aid approaching the Office of Academic Support Services to form a strategic

collaboration to support these students.

Page 6: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?

Obstacles to Academic Success

O Academic Under-preparednessO Competing ResponsibilitiesO Wellness, Personal, and Family IssuesO Time ManagementO ProcrastinationO Full Social LifeO Financial Difficulties

Page 7: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?

How Do You Know?

Ask

Assess

Page 8: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?

Four-Part Assessment O Interview

O Review of transcript, degree audit, and other relevant information

O Technology AssessmentO Obstacles to Academic Success

O Adapted from Brigham Young UniversityO Index of Learning Styles

O Felder & Silverman, North Carolina State University

Page 9: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?
Page 10: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?

Technology AssessmentO On average students reported at least

moderate proficiency on most items

O Average scores below a 3.0 (on a 5-point scale)O Using the SU Portal (2.57)O Using the Outlook Calendar (2.77)O Accessing SmartThinking (2.82)O Submitting Through the SU Careline (2.4)

Page 11: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?
Page 12: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?

Most Commonly Reported Obstacles

Time M

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kills

Finan

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ties

Sensi

tive O

bstacl

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Too M

uch So

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otiva

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Poor

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Page 13: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?

Index of Learning Styles

O 44-items, A or B (forced choice)

O Sample QuestionsO I understand something better after I

O Try it outO Think it through

O When I see a diagram or sketch in class I am most likely to rememberO The pictureO What the professor said about it

Page 14: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?

Index of Learning Styles

O Measures Learning Preferences on 4 Dimensions

OActive-ReflectiveOSensing-IntuitiveOVisual-VerbalOSequential-Global

O Students tend to show preferences towardO Active, Sensing, Visual, and Sequential

Page 15: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?

Upon Completion of the Assessment

What do we know?

Page 16: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?

Now What?O Generating a personalized Academic

Support Plan (ASP)O Specific to the student as a person

(holistic) O Specific to the current semester

O Finite number of focus areas (standardized)

O Unlimited strategies to support the student

Page 17: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?

Considerations in Creating the Plan

O Specific to the needs of the studentO Flexible and changes if the needs of the

student changeO ComprehensiveO Includes realistic goal setting that occurs the

first week of the semester (after the student has been to each class at least once)

O Includes immediate Action StepsO Shared with significant individuals who will

help support the student

Page 18: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?

Focus Areas for the ASP

O Academic MajorO Basic Academic SkillsO Content TutoringO Financial StrainO Motivation/Procrastination

O Note TakingO Online CoursesO Study Skills/EffectivenessO Test-Taking StrategiesO Time Management

Page 19: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?
Page 20: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?
Page 21: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?

Implementation and Follow-Up

O Implementation is the responsibility of the STUDENT

O Follow-Up and compliance is monitored by the Office of Academic Support ServicesO Ongoing communication with the

studentO Mid-term grade checkO Modification of the plan as needed

Page 22: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?

ChallengesO Limitations in time and personnel resources

O Difficulties providing consistent follow-up of non-compliant students

O Students who did not honor the appeal deadline did not have time to undergo the entire process as designed

O Need to establish a clear role for faculty advisors

Page 23: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?

Modifications for Implementation in Fall 2013O More efficient assessment processO Training of additional staff in all phases of the

processO Adhere to published deadlinesO Increased collaboration between OASS and

FAOO FAO will be more involved in the monitoring and

tracking of studentsO Addition of intrusive advising for those not

involved in intensive intervention

Page 24: With So Many Regulations, Can Financial Aid Ever Think Outside the Box?

Lively Discussion!

And Thank You!