Minnesota Private College Council - Presentation on February 14, 2013

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    Minnesotas

    nonprofit private collegesSenate Higher Education Committee presentation

    February 14, 2013

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    58,334Undergrad & grad enrollment at member institutions

    600 to 10,000Range of enrollment per institution

    72%Share of our undergrads from Minnesotaremainder come from other states and overseas

    Students

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    Bachelors degrees

    28%Share of Minnesota BA/BSearners who graduate fromMinnesotas Private Colleges

    48% Physical sciences 42% Math and statistics

    42% Nursing

    35% Biological sciences

    34% Foreign languages

    31% BusinessSource: Minnesota Private College Council analysis of NCES, IPEDS 2011-12

    Note: Does not include bachelor's degrees earned from online schools.

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    Masters degrees

    Source: Minnesota Private College Research Foundation analysis of NCES, IPEDS 2011-12

    42%Share of Minnesota mastersearners who graduate fromMinnesotas Private Colleges

    55% education

    49% computer science

    49% business/management

    48% public administration

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    Minnesota Economic Impact

    66%Share of our recent grads, regardless of home state, who stay inMinnesota

    $1.3 billionAmount our colleges add to the economy, operating and capital spending

    13,400Number of employees at Minnesotas Private Colleges

    Collectively we rank 11th in the state among public and private employers

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    1:12Average professor-student ratio

    Fewer than 20Number of students in a typical class

    89%Share of students who participate in internships,faculty research projects or study abroad

    Student focus

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    Reflecting MinnesotaMinnesota undergraduates, by parent income

    Source: Minnesota Private College Council analysis of USDOE, NCES, 2007-08 National Postsecondary Student Aid Study (NPSAS:08)

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    Reflecting Minnesota

    Transfer students 24% of first-year undergraduate student transfer in

    Many come from two-year colleges, strong partnerships withMnSCU exist

    7 colleges have shares of transfer student above 30%

    Nontraditional students 14% of all our undergraduate students are age 25 or

    older

    6 colleges offer weekend, evening and online degreecompletion programs for nontraditional students

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    Source: Minnesota Private College Council analysis of IPEDS fall 2011 enrollment data

    Reflecting MinnesotaShare of new first-year students of color

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    PerformanceShare of students graduating in 4 and 6 years

    Source: U.S. Department of Education, IPEDS, 2005 cohort

    Analysis by Minnesota Private College Council

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    Source: Minnesota Private College Council analysis of IPEDS, 2005 cohort

    PerformanceShare of students of color graduating in 4 years in Minnesota

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    Performance

    Source: U.S. Department of Education, IPEDS 2005 Cohort

    Analysis: Minnesota Private College Council

    Number of students entering public and private institutions

    and how many graduate 4 years later

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    9 in 10Share of students receiving grants they do not haveto pay back

    $461 millionAmount awarded by our institutions in privategrants and scholarships

    About half of posted priceAverage amount that families actually pay fortuition and fees

    Affordability

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    Affordability

    Source: Minnesota Private College Council analysis of tuition and fees report and OHE Financial Aid Awardedreport

    Growth in institutional grant aid has outpaced tuition increases

    Annual averages, 2001 to 2011

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    AffordabilityOver the last 5 years inflation-adjusted net tuition growth

    has been nearly flat

    Source: Minnesota Private College Council analysis of IPEDS data

    Note: Net tuition figures reflect averages after institutional aid and government aid have been factored in

    l d b f

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    MPCC institutions (nonprofit) $31,495 *

    University of Minnesota $28,913 *

    Minnesota Universities

    (MnSCU 4-Year)$29,101 *

    26% of all 2011 graduates from nonprofits have no debt

    25% of all 2011 graduates from the public sector have no debt

    * Project on student debt: graduates of 2011 . Includes both federal and private (non-federal) student loans.

    Cumulative debt averages for

    Minnesota graduating seniors2011 figures for those who borrowed

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    Minnesota State Grant

    recipients grow needierNumbers of State Grant recipients receiving a full award

    triggered by low family incomes

    Source: Minnesota Office of Higher Education State Grant program data for dependent State Grant recipients

    66% growth in lowest

    income families from2009 to 2011

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    Source: Minnesota Private College Council analysis of Minnesota Office of Higher Education State Grant program tuition and fees and State Grant program data

    State Grant buying power dropsMaximum Pell and State Grant awards as a percent of tuition and fees

    Mi t t t di

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    Minnesotas state spending

    on higher educationFiscal year 2011-12 ($1.28 billion)

    Source: Minnesota Private College Council analysis of data provided by the Minnesota Office of

    Management and Budget and Minnesota Office of Higher Education

    * Seventeen Minnesota Private College Council (MPCC) member institutions.

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    State Grant value

    Targets students with the greatest need

    Makes strategic investment in states human capital

    Fosters choice for students public and private institutions

    Improves on-time graduation rates

    Helps students minimize borrowing and future debt burden

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    Augsburg CollegePaul Pribbenow, president

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    Augsburg College Today

    Grounded in faith & values of theLutheran Church - Founded in

    1869 by immigrant Norwegians

    Relevant liberal arts &

    professional learning

    Urban location and an

    intentionally diverse campus

    community

    Career imperative & preparation

    for life

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    Grounded in Our Mission

    Augsburg College educates students to be:

    Thoughtful Stewards Critical Thinkers

    Responsible LeadersInformed Citizens

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    Augsburg Fast Facts

    Serving traditional andadult undergraduates

    along with nine graduate

    programs

    3700 students(undergraduate &

    graduate)

    84% from Minnesota

    75M annual budget, 90%

    revenue from tuition &

    fees

    Service-

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    First Generation toAttend College,Freshman (2011)

    Students of Color

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    Retention (Fall to Fall)

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    Institutional SupportStudent Financial Aid

    Average Debt ofGraduates (2011)

    -

    5,000,000

    10,000,000

    15,000,000

    20,000,000

    25,000,000

    30,000,000

    2008 2009 2010 2011 2012

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    Augsburg Promise Grant

    Full Tuition Scholarship Minnesota high school

    graduates

    ACT of 20 or higher

    Cumulative GPA of 3.25or higher in core courses

    Pell Grant eligible

    Participation in a college-

    readiness program Must reside on campus

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    Augsburg & Travelers EDGE

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    Partnering with College Readiness Programs

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    Partnering with College Readiness Programs

    Andrena Murphy '15, Elementary Education

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    Gage Center: Student Success & Retention

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    Gage Center: Student Success & Retention

    Rachel Hastings '15, Music Therapy

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    Investment in Academic Excellence: URGO Program

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    Investment in Academic Excellence: URGO Program

    Brian Krohn 08, Chemistry

    Th k f ti

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    Thank you for supporting our

    students!

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    St. Catherine UniversitySister Andrea J. Lee, IHM, president

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    St. Olaf CollegeDavid Anderson, president

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    Augsburg CollegeBen Yawakie, student

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    Carleton CollegeJessica Brooks, alumna