Showing posts with label scholarships. Show all posts
Showing posts with label scholarships. Show all posts

Tuesday, August 16, 2016

Interactive graphic shows transformation of Ole Miss, Alabama into regional, national universities


Click to enlarge
   The Chronicle of Higher Education  has an interesting interactive graphic that allows one to see the geographic origin of the freshman class of almost any university in the United State from 1998 to 2014.
    As a parent with two kids doing college searches, it’s good to be able to see the makeup of the student body of various colleges. I also found it interesting to view the changes at two of the fastest-growing flagships in the country, Ole Miss and Alabama.
    Both Ole Miss and Alabama have exploded in size over the past 20 years, fueled in large part by out-of-state enrollment. These out-of-state students pay a large supplement, almost paying private-school rates to attend a public college. In other words, these students are a real profit center for the schools and subsidize the in-state students
    In 1998 Ole Miss was already attracting a fair number of out-of-state students, with 985 in-state and 824 non-resident freshmen, for an out-of-state percentage of 46 percent of a freshman class of 1,809. Almost a third of these were from Tennessee, and from my experience most were from Memphis or the Southwest part of the state; in some ways these Tennessee students weren't really from out of state, since Ole Miss was their closest flagship.
    By 2014 the freshman class size had more than doubled, to 3,809, with 1,688 in-state and 2,121 non-residents, or 56 percent out-of-state.
    One of the biggest changes in the composition of the Ole Miss freshman class is the increase in the number of students from Texas and Georgia. In Texas, the 10-Percent Rule (or Seven-Percent Rule, depending on the mood of the moment) has made admission to that state’s top schools almost impossible for good students from top school districts. In Georgia, the Hope Scholarship has encouraged the state’s best students to attend the University of Georgia or Georgia Tech, and made admission highly competitive (the average freshman ACT at Georgia is 29).
    The Texas and Georgia numbers are plain to see. In 1998, Texas sent 84 and Georgia 78 freshmen to Ole Miss. In 2014 those numbers were 353 and 295. In 1998 California sent four students; in 2014, 84. Connecticut went from three to 19. Massachusetts, one to 15. New Jersey, zero to 21. Pennsylvania, 3 to 23. Florida 23 to 99. And so on.
    Over at Alabama, the growth has been even more explosive and transformative. In 1998 Alabama had 2,616 freshmen with only 26 percent coming from out of state. So in 1998 Ole Miss was much more of a regional school than Alabama. By 2014 Alabama had 6,824 freshmen, 2,462 in-state and 4,362, or 64 percent, out of state. The growth in the number of Northeastern and far West students attending Alabama far exceeds the growth at Ole Miss. Connecticut went from five to 67 from 1998 to 2014. Massachusetts, two to 85. New Jersey, nine to 142. Pennsylvania, five to 123. Florida 71 to 386.
    Both Ole Miss and Alabama are using generous merit scholarships to attract top students from around the country. Students with a 32 on the ACT can attend tuition-free; at Alabama, if a student finishes in fewer than eight semesters he can use the scholarship towards graduate school.
    Alabama gets a lot more buzz over its Presidential Scholarship than Ole Miss does for its Academic Excellence Award, and the graduate school rollover certainly makes it a better deal. On the other hand, top students have a far greater chance of being able to stack scholarships and perhaps even get a full ride at Ole Miss.
    Of course, most out-of-state students don’t get scholarships; they pay their own way. Part of what attracts them to Ole Miss or Alabama is the desire to attend a relatively small, traditional Southern school.
    There can be too much of a good thing, though. If these schools keep going on their current trajectory, neither will be small nor Southern 20 years from now. And that’s not a good thing, in my view.

Thursday, January 14, 2016

There is college merit aid available for students who work to bring up their ACT scores

    I'm not sure many high school juniors are thinking about their college search right now, but the hour is growing late. Time is also running to to figure out how to finance four years in college. This year's juniors won't have to pay their matriculation fees for another 18 months, but planning needs to have started yesterday.
    Most people don't qualify for need-based aid, so that leaves fairly limited choices in seeking colleges with good merit aid. But those choices are out there.
    Some of the most generous merit aid packages are offered closest to home, at Ole Miss. Ole Miss offers partial- to full-tuition scholarships based on student ACT score, and unlike most colleges, only a 3.0 high school grade-point-average is required. Students with a 3.5 g.p.a. do get additional money, though.
    Ole Miss offers numerous merit scholarships, and they are stackable, which means they can be cobbled together to create a full-ride scholarship. The Academic Excellence Award is the one of most interest, and it only requires a 3.0 high school average. It's an automatic merit scholarship granted according to ACT scores; an ACT of 27 gets $2,250 while a score of 32 gets $7,500, which is a few dollars short of full tuition. Out-of-state students get partial non-resident waivers, which rise to a full waiver. For students with a 3.5 high school g.p.a., an additional $1,500 to $2,700 is available. (The chart can be found by following the link, above).
    When I was in high school, the only kids I remember taking the ACT twice were a few people who didn't score high enough to get into Mississippi State. Jockeying for higher scores was just not something we did back then.
    But it certainly pays for students to do it now! Ole Miss rewards ACT scores as low as 24 with a $1,000 per year scholarship. So there is an incentive for virtually all incoming students to seek a higher ACT score by taking the test again; and again; and again.
    The Academic Excellence Award states that qualifying tests can be taken up until enrollment. So high school seniors planning to enroll at Ole Miss should just keep taking the ACT in hopes of getting a higher score, because the higher the score, the greater the scholarship. Some students do better on the SAT, and students should take it, too, as an SAT score can be used for the Academic Excellence Award.
    Some people will never be able to post a high ACT score, but many have low scores because they have trouble finishing sections or with the math or science. These problems can be resolved with practice. A nephew of mine had trouble finishing the ACT and scored a 24 on his first attempt; on his eighth try he made a 34. It can be done!
    For those who are just bound and determined to attend a cow college, Mississippi State has scholarships that are similar to those offered at Ole Miss. The MSU grants look to be a little less generous on the low end but include some bells and whistles on the high end, such as one year of free room for those with a 34 or higher.
    I've often mentioned the University of Alabama's generous National Merit Scholarship. Ole Miss has one, too, but Alabama also offers a good ACT scholarship. Students with a 32 or higher on the ACT with a 3.5 g.p.a. get a full tuition scholarship for four years. A unique feature of the Alabama scholarship is that it rolls over to graduate or law school, so that a student who arrives with lots of AP and dual enrollment credit might be able to get an almost-free graduate degree.
    It's easy enough to find out what merit aid offers are out there; just Google the name of the college and the words "merit scholarship." But do it now, because some merit aid requires applications as early as August.
    Juniors and seniors with any chance of ACT-based merit aid should take the ACT just as many times as is possible. It's going to be given to every junior in Mississippi in April, and there are paid test dates in April, June, September, October, and December.
    Just take it every time, kids. The more money you can save your parents, the more spending money they can give you for all the extra stuff that makes college fun. So everybody wins!

   

Thursday, August 27, 2015

Take it from philosopher Blaise Pascal: For students, preparing for the PSAT is a can't-lose proposition

Click to enlarge
    In just over six weeks high school juniors will have the chance to take the PSAT, or National Merit Test. Those with scores in the top one percent of their state will become National Merit Semifinalists. The overwhelming majority of these students (15,000 of 16,000) will become National Merit Finalists.
    To score in the top one percent of Mississippians one need but post a score that is just above the national 97th percentile on the PSAT. On average our state’s students have lower scores, and so it’s easier to become a National Merit Finalist in Mississippi than in most states.
    I’ve written it before, but I’ll write it again. The National Merit Finalist designation carries with it some of the sweetest scholarships available to prospective college students. Ole Miss offers a free ride. Alabama and Oklahoma go one step further, offering 10 paid semesters, both undergraduate and graduate, plus free summers. Since most NM Finalists will arrive at college with more than 50 hours through AP classes and dual enrollment, these schools are essentially offering a free graduate, law, or medical degree. This can be worth a quarter of a million dollars to an out-of-state student.

    So it pays to put some effort into preparation for the PSAT. But don’t take my word on it. Take the advice of Seventeenth Century philosopher Blaise Pascal.
    They didn’t have the PSAT back in the 1600s, but Pascal advanced a theorem which provided a logical basis for believing in God. Essentially his theorem was that there was no penalty in believing in God and being wrong, but if one refused to believe and was wrong the result was eternal damnation.
    The chart at right sums up the possible outcomes for someone who believes or doesn’t believe in God. (Belief, by the way, means more than just detached observation, but rather belief with commitment; however, I’m not attempting any theological debate here).
    I’m not sure when I first heard of Pascal’s Wager, as it’s called. I actually had conducted the same mental exercise as a child of 8 or 9. But it’s an interesting way of looking at things, and in my view a valuable contribution to religious thought.
    One can use a variant of Pascal’s Wager as providing a real incentive to study for the PSAT, at least for those who have at least an outside chance of making the test’s Semifinalist cutoff score. There are four choices, based on two choices and two possible outcomes. One can prepare or not prepare. One can earn a high enough score to become a Semifinalist; or not.
    Those who attempt to become Finalists and fail will still be better students because of their preparation. They will likely have higher grades and score higher on the ACT and SAT. Even if they don't bag the National Merit scholarship, they might improve their scores enough for other merit aid. And of course, those who don't prepare and just barely fail to make the Semifinalist cutoff will be forever burdened with the knowledge that massive amounts of money could have been theirs with just a slight bit of effort.
    I’ve put all of this in the chart which is at the top of this blog post. If this doesn't convince your student to prepare for the PSAT, I'll end by offering this poem by William F. O'Brien.

Better To Try And Fail Than Never To Try At All
by William F. OBrien

Some say risk nothing, try only for the sure thing,
Others say nothing gambled nothing gained,
Go all out for your dream.
Life can be lived either way, but for me,
I'd rather try and fail, than never try at all, you see.

Some say "Don't ever fall in love,
Play the game of life wide open,
Burn your candle at both ends."
But I say "No! It's better to have loved and lost,
Than never to have loved at all, my friend."

When many moons have gone by,
And you are alone with your dreams of yesteryear,
All your memories will bring you cheer.
You'll be satisfied, succeed or fail, win or lose,
Knowing the right path you did choose.

Friday, October 31, 2014

If no Mississippi university offers your major, you can go elsewhere at in-state tuition rates

    Between Ole Miss and Mississippi State a prospective college student has his choice of just about any major out there. Almost any major, but not every major.
    Some majors just aren't available in Mississippi. For example, no Mississippi university offers majors in either petroleum or nuclear engineering.
    But that doesn't mean students wanting to major in some of these more esoteric fields have to pay expensive out-of-state tuition. A consortium of Southeastern state universities known as the Academic Common Market allows students from most Southeastern states to attend out-of-state universities at in-state rates if they major in a program not offered by a university in their home state.
    The course I've heard mention of in the past is the PGA Golf Management course at Mississippi State. Other State courses which attract Common Market participants from out of state include Broadcast Meteorology, Aerospace Engineering, Veterinary Medicine, Agricultural Information Science, and Poultry Science.
    At Ole Miss popular courses include Geological Engineering and Forensic Chemistry.
    Taking advantage of this program isn't as simple as simply showing up at one's desired out-of-state university and demanding a tuition break. One must fill out an application and be certified by one's state as eligible to participate. But I suspect it's a fairly painless process. However, things do take time, so don't wait until June if you are wanting to start school in September!
    North Carolina doesn't participate in the Common Market. Florida and Texas participate only at the graduate level.
    This PDF report on Mississippi activity in the Academic Common Market does a really good job of showing where both Mississippi and out-of-state students are going as a result of the Common Market. It's worth looking at, even though it hasn't been updated since 2011.
    One big question that comes to mind is what happens if a student changes his mind mid-way through his coursework? From the FAQ:
"Most ACM institutions will not require you to pay back tuition for the years that you received ACM benefits if you change your major or program to one that is not approved for the ACM or is available in your home state. However, if you change your major during a semester, the institution may charge you the out-of-state tuition rate for that semester. If you change your major to a different program that is included in the Academic Common Market, you must be recertified by your state coordinator."
    Notwithstanding the above, I would resist the temptation to abuse the program. I suspect they reserve the right to demand reimbursement in cases where they believe a person declared and later changed a major simply to evade tuition.
    So if Mississippi doesn't have your major, don't worry about having to pay out-of-state tuition. With a little advance planning, you won't have to.