Minnesota Private College Council - Presentation on February 14, 2013
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Transcript of Minnesota Private College Council - Presentation on February 14, 2013
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7/29/2019 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
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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