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G3: Get Skilled, Get A Job, Give Back
Sharon MorrisseySenior Vice Chancellor
Virginia's Community Colleges
Megan HealyChief Workforce Development Advisor
Office of Governor Ralph Northam
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VIRGINIA HAS A TALENT GAPACCORDING TO THE VEC
Virginia needs to fill2.6 MILLION JOBS by the year 2026
Those jobs will require more than a high school diploma but less than a bachelor’s degree.
ADDRESSING THIS GAP
BLUEPRINT VIRGINIA 2025 KEY PRIORITIESProvide a focal point for the Chamber’s work over the next eight years.
The availability of a well-trained and educated workforce remains the top concern for Virginia’s business comm and with good reason. Companies need people with r skills to help them grow, thrive, and prosper.
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LET’S TALK ABOUT G3Governor’s Get Skilled, Get A Job and Give Back
• What Does G3 Do?• Who Does G3 Help?• How Does G3 Work?• When Would G3 Begin?• Why Should Virginia Adopt G3?• What are the Costs?
Current Budget Proposal $72M/year
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WHAT DOES G3 DO?• Nota “free college” or “promise” program.• G3 is a carefully-designed, last-dollar financial
aid program that creates opportunities for low- and middle-income families.
• Aligned with Virginia business needs to fill high-demand and high-value jobs in:
• Healthcare; Information Technology and Computer Science; Manufacturing and Skilled Trades; Public Safety; and Early Childhood Education.
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WH0 DOES G3 HELP?STUDENTS
Students in these programsdoublethe amount of state taxes they pay
Students enrolled in these programs gain 60% in wages
Healthcare graduates double their salaries
BUSINESSESBusinesses can fill current and future job openings
Incumbent workers can upskill through new pathways model
Help drive economic and community development
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THIS LAST DOLLAR GRANT PROGRAM IS FOR STUDENTS WHO:
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HOW DOES G3 WORK?
• G3 programs are designed around the life challenges of working students.
• Our colleges partner with businesses to transform programs to put skills first and allow students to earn stackable college credentials as they move through their training.
• This allows a student to start and stop (while working) without losing academic progress along the way to an associate degree.
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Student required to do two hours of community engagement for every credit covered under G3.
Activitie s can include inte rnships, community se rvice , re lated paid work experiences, and othe r work-based learning activitie s.
Community engagement connects students to local employers and nonprofit organizations, increases soft skills and increases students employability.
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GIVE BACK
Level 1—Entry: FastForward
Level 2—Intermediate: Career Studies CertificateLevel 3—Advanced:
Certificate plus work experienceLevel 4—Supervisory: AAS plus significant work experience
Career Pa thways in
Manufacturing
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WHEN WOULD G3 BEGIN?Fall 2020
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WHY SHOULD VIRGINIA ADOPT G3?
Surrounding states like Maryland, Tennessee, West Virginia, and Kentucky have a free community college program. North Carolina has a free community college program for dual enrollment.
This issue is bipartisan. Twenty-three states have a form of free community college with 10 states having Republican governors and 13 states having Democrat governors.
6 OUT OF THE
TOP 10STATES
for ECONOMYhave some type of free community college (CNBC poll)
for WORKFORCEhave some type of free community college (CNBC poll)
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Baseline = 2017-18 Enrollments in Targeted Programs 1. Determined Student Eligibility (400% Federal Poverty Level)2. Calculated Cost of Tuition, Fees, & Books
• Subtracted Federal Pell and Federal Grant Awards• Subtracted State Financial Aid Awards
3. Estimated Student Success Incentive Grant (SSIG) for Full-Pell Students Who Attend Full-Time ($1,000 per semester, $500 for summer)
4. Estimated College Performance Payments for SSIG Student MilestonesGrowth Assumptions for FY 2021 Projected Costs5. Calculated Increase in Number of Students Completing FAFSA (resulting in
increased number of students eligible for G3 funding)6. Calculated Enrollment Growth
BUDGET ASSUMPTIONS
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Baseline (2017-2018 ) FY 2021 Budget
“Last Dollar” for Tuition, Fees, & Books
$30,627,549(25,247 total eligible
students)
$50,082,611*(approx. 39,158 eligible)
Student Success Incentive $12,149,500 $19,866,312
Performance Payments $2,427,570 $2,427,570
$72,376,493
*Average Last Dollar Award: $1,279
BUDGET DETAILS
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THANK YOU
Quest ions?
Sharon MorrisseySenior Vice Chancellor
Virginia's Community [email protected]
Megan HealyChief Workforce Development Advisor
Office of Governor Ralph [email protected]
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APPENDICES
APPENDIX A: FINANCIAL AID DEFINITIONSAPPENDIX B: FEDERAL POVERTY LEVELSAPPENDIX C: AVERAGE COST PER STUDENT BY INCOME APPENDIX D: LIST OF PROGRAMS AND ENROLLMENTS
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Federal MethodologyA formula used to calculate the amount of money that you and your family are expected to pay for college. This formula, established by Congress, is used nationwide for all students. The most important factors in the formula are: the income, assets and net worth of your parents; your income and assets; and the size of your family.
PELL GrantFederal grant that provides funds based on the student's financial need. This does not need to be repaid.
Supplemental Education Opportunity Grant (SEOG)A federal grant program for undergraduate students with exceptional need. These grants are awarded by the school's financial aid office, and provide up to $4,000 annually. To qualify, a student must also be a recipient of a Pell Grant.
APPENDIX A: FINANCIAL AID DEFINITIONS
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Virginia Commonwealth AwardThe purpose of the Virginia Commonwealth Award is to assist undergraduate students with financial need and graduate students to pay part of their college costs. The funds are appropriated directly to each state-supported institution. Funds may be used for need-based grants to Virginia resident undergraduates or for grants or assistantships to graduate students (both in-state and out-of-state). The law requires that the awards to undergraduates be proportional to need so that the students with the greatest need receive the largest awards.
Virginia Guaranteed AssistanceThe purpose of the Virginia Commonwealth Award is to assist undergraduate students with financial need and graduate students to pay part of their college costs. The funds are appropriated directly to each state-supported institution. Funds may be used for need-based grants to Virginia resident undergraduates or for grants or assistantships to graduate students (both in-state and out-of-state). The law requires that the awards to undergraduates be proportional to need so that the students with the greatest need receive the largest awards
APPENDIX A: FINANCIAL AID DEFINITIONS
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APPENDIX B: FEDERAL POVERTY LEVELS
2018 Federal Poverty Levels
100% 200% 300% 400% 500%
Individuals $ 12,140 $24,280 $36,420 $48,560 $60,700
Family of 2 $ 16,640 $33,280 $49,920 $66,560 $83,200
Family of 3 $20,780 $41,560 $62,340 $83,120 $103,900
Family of 4 $25,100 $50,200 $75,300 $100,400 $125,500
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APPENDIX C: AVERAGE COST PER STUDENT BY INCOME
Income as % of FPL
Average cost of Tuition + Fees +
BooksAverage Federal Aid Average VSFAP
G3 Net Cost to Meet Tuition + Fees + Books
Average SSIG Average G3
≤ 200% FPL $3,820 $2,641 $438 $741 $585 $1,326201% - 300% FPL
$3,967 $595 $620 $2,751$76 $2,828
301%-400% FPL
$4,089 $14 $244 $3,831$48 $3,879
Total $3,857 $2,193 $451 $1,213 $481 $1,69420
APPENDIX D: LIST OF PROGRAMS AND ENROLLMENTSProgram Number of StudentsComputer and information sciences and support services 9,443Education 151Engineering technologies and engineering-related fields 2,567Child Development 2,057Science technologies/technicians 40Homeland security, law enforcement, firefighting and related protective services
3,109
Construction trades 581Mechanic and repair technologies/technicians 2,430Precision production 1,327Health professions and related programs 18,294 21