2013-14 Pennsylvania Targeted Industry Program

(PA-TIP)

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Presentors:Isaac Greene, Manager of Special Programs

Jen Brougher, Senior Special Programs AnalystTim Ireland, Special Programs Analyst

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PA-TIP - Background

• Announced in the Governor’s Proposed Budget in February 2012; Legislation approved July 2012

• PHEAA Board of Directors approved - $5 million in funding June 2012 & again in June 2013

• 2012-13 statistics:• 2,935 applications• 1,268 recipients• 66 approved institutions• $4,590,446 net disbursed awards

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2013-14 PA-TIP Award Year Changes

1. Award Amounts2. Half-time Awards3. PA-TIP refund processing

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2013-14 PA-TIP Award Year Changes

• Maximum Award Amount» Maximum full-time award = Maximum State Grant

award ($4,363) or 75% of student cost, whichever is less

» Maximum half-time award = $2,180 or 75% of student cost, whichever is less

◦ Veterans are eligible for State Grant Max or 100% of cost, whichever is less

• Minimum Award Amount» $500 full-time awards» $250 half-time awards

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2013-14 PA-TIP Award Year Changes

• Barriers to participation for Community Colleges and vocational schools

• PA-TIP awards to students enrolled ‘half-time’ at approved public and private, non-profit institutions

• Half-time definition: enrolled in at least 6 credits but no more than 11 credits or the clock hour equivalent

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2013-14 PA-TIP Award Year Changes

• PA-TIP refund processing» No funds will be disbursed to a school that has an outstanding

refund due over 45 days» 45 days are determined by the date that PHEAA has received

and processed your disbursement roster or Applicant Certification and Status Listing which indicated a refund due

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Full-time Award Formula

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FULL-TIME ENROLLMENT STEP 1 DETERMINE TOTAL COST

+TUITION & FEES+$4,000 LIVING EXPENSE ALLOWANCE+BOOKS, SUPPLIES OR EQUIPMENT

STEP 2 DETERMINE TOTAL RESOURCES-PELL-EMPLOYER TUITION REIMBURSEMENT-OTHER GIFT AID

STEP 3 DETERMINE NET COSTTOTAL COST – TOTAL RESOURCES

STEP 4 DETERMINE AWARD AMOUNTNET COST * 75%

STEP 5 VERIFY MAX & MIN AWARD PARAMETERS

FULL-TIME AWARDS EXAMPLE 1 EXAMPLE 2

TUITION & FEES $11,038 $11,038

BOOKS, SUPPLIES & EQIP $1,000 $1,000

LIVING EXSPENSE ALLOWANCE $4,000 $4,000

TOTAL COSTS $16,038 $16,038

FEDERAL PELL GRANT $3,500 $3,500

EMPLOYER FUNDING N/A $8,000

NET COSTS $12,538 $4,538

PA-TIP Eligibility $4,346 $3,403

Expenses to the Student* $8,192 $1,135

*Student Assumptions: A family of four with an income of $ 45,000 and one attending college.

Calculating FT PA-TIP Awards

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Part-time Award FormulaPART-TIME ENROLLMENT

STEP 1 DETERMINE TOTAL COST +TUITION & FEES

+$4,000 LIVING EXPENSE ALLOWANCE+BOOKS, SUPPLIES OR EQUIPMENT

STEP 2 DETERMINE TOTAL RESOURCES-HALF-TIME PELL-EMPLOYER TUITION REIMBURSEMENT-OTHER GIFT AID

STEP 3 DETERMINE NET COSTTOTAL COST/2 – TOTAL RESOURCES

STEP 4 DETERMINE AWARD AMOUNTNET COST * 75%

STEP 5 VERIFY MAX & MIN AWARD PARAMETERS

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Calculating PT PA-TIP Awards

PART-TIME AWARDS EXAMPLE 1 EXAMPLE 2

TUITION & FEES $10,000 $10,000

BOOKS, SUPPLIES & EQIP $2,000 $2,000LIVING EXSPENSE ALLOWANCE $4,000 $4,000

TOTAL COSTS $16,000 $16,000PART-TIME FEDERAL PELL GRANT $2,822 $2,822

EMPLOYER FUNDING N/A $3,000

NET COSTS** $5,178 $2,178

PA-TIP Eligibility $2,180 $1,633

Expenses to the Student* $2,998 $545*Student Assumptions: A family of four with an income of $ 45,000 and one attending college.**NET COSTS use TOTAL COSTS divided in half minus TOTAL RESOURCES

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2013-14 PA-TIP Estimator

• Living Expense Allowance

• Pell Award (Listing)• Document Library

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PA-TIP Reconciliation Rosters

• The annual Reconciliation Roster gives schools a final opportunity to report ineligible students or changes to a student’s status.

• An actual graduation date should be provided ONLY if the student has graduated.

• The roster must be returned within 30 days of receipt. Future disbursements are withheld until it is returned.

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PA-TIP Reconciliation Rosters

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<<CCYY>> PA-TIP RECONCILIATION ROSTER DOC ID TTDR <<MM/DD/CCYY>> PAGE XXXX

00332700-01<<INSTITUTION FULL NAME>>  

Student Eligibility  FULL YEAR OUTSTANDING CERTIFIED FALL WINTER SPRING SUMMER DUE REFUNDED REFUNDSTUDENT IDENTIFICATION AWARD DISB DISB DISB DISB STUDENT TO DATE DUE-------------------------------------------- --------- ---------- ---------- ------------ ------------ ----------- ------------ ---------------- 123-45-6789 $5,796 $1,449 $1,449 $1,449 $1,449 $0.00 $0.00 $0.00STUDENT, PHEAA MACTUAL GRAD DATE __/____COLLEGE COMMENTS:____________________________________________

Employment Reporting

• Graduate PA-TIP recipients information (recon)• PHEAA and PA Labor & Industry• Recipient : Graduate• Graduate : Employed

» Breakdown by Sector, Institution and Industry

• Vital for continued funding!

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2013-14 PA-TIP Reminders/Tips

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• Pending students must be certified by July 1, 2014• April 1, 2014 – Deadline for PA-TIP student

application submission• PA-TIP School Application, BPAMS guidelines and

the CIP Code Inclusion Request Form can be found on PHEAA.org/PA-TIP

• Program eligibility• Term disbursement

For Technical assistance or more information, please contact us at:

email: patip@PHEAA.orgphone: 1 800-443-0646, Option 3, 2

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Questions?

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