TOPS by the Numbers Sujuan W. Boutt, Ed.D. Executive Director - PowerPoint PPT Presentation

Louisiana Office of Student Financial Assistance (LOSFA) A program of The Board of Regents TOPS by the Numbers Sujuan W. Boutté, Ed.D. Executive Director Presented to Board of Regents Sujuan W. Boutté, Ed.D. Board Development Executive Director August 24, 2016 Presented to TOPS Legislative Taskforce October 10, 2017 LOSFA’s Vision is to be Louisiana’s First Choice for College Access

Louisiana Office of Student Financial Assistance (LOSFA) A program of The Board of Regents TOPS as a Portion of the Total Budget TOPS Total = $291,240,917 TOPS State General Fund = $233,342,683 1.0% of Total State Budget ($28,288,122,290) 2.7% of Total State General Fund ($8,718,790,619) 11.0% of Total HIED Budget ($2,637,673,091) 23.3% of Total HIED State General Fund ($1,001,891,583) 2 LOSFA’s Vision is to be Louisiana’s First Choice for College Access

Louisiana Office of Student Financial Assistance (LOSFA) A program of The Board of Regents TOPS Projections Stable FY 2017-18 Appropriation *2.7% of State General Fund ACT 18 (2016): Decoupled Goes to TOPS TOPS & Tuition *$233,342,683 TOPS Awards Projections – Relatively Level $350 Millions $294.3 M $292.8 M $296.8 M $299.3M $291.2 M $300 $250 **0.6% **0.5% **0.9% **0.8% $200 $200.1 M $150 $100 $50 $0 *2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 * Actual Projected Projected Projected Projected Projected Dollars Percentage Total State General Fund $8,718,790,619 * TOPS not fully funded. **Minimal growth in TOPS projected due to increased projection of TOPS State General Fund $233,342,683 2.7% student count. Based on January 2017 Projection data. 3 LOSFA’s Vision is to be Louisiana’s First Choice for College Access Data as of 7-20-17

Louisiana Office of Student Financial Assistance (LOSFA) A program of The Board of Regents TOPS Means of Financing (1998-99 Thru 2007-08) $140 Millions $120 14.2% 12.1% 12.9% 14.8% 1.7% 10.8% $100 13.1% 0.2% $80 $60 85.2% $40 100% 100% 99.8% 98.3% 86.9% 89.2% 87.9% 87.1% 85.8% $20 $0 1998-1999 1999-2000 2000-2001 2001-2002 2002-2003 2003-2004 2004-2005 2005-2006 2006-2007 2007-2008 Tobacco Fund $0 $0 $222,786 $1,779,677 $13,684,158 $11,897,686 $14,149,050 $15,136,282 $17,146,878 $17,321,428 State General Fund $54,033,633 $67,441,804 $90,023,395 $102,252,983 $90,977,503 $98,616,191 $102,923,523 $101,800,980 $103,509,716 $99,337,026 4 LOSFA’s Vision is to be Louisiana’s First Choice for College Access

Louisiana Office of Student Financial Assistance (LOSFA) A program of The Board of Regents TOPS Means of Financing (2008-09 Thru 2017-18) $350 Millions $300 $250 19.9% GRAD ACT INCREASES - FIRST YEAR 33.7% 24.4% $200 26.2% $150 36.6% 62.0% 11.0% 2.7% 13.2% 43.5% 18.1% $100 49.5% $50 79.2% 86.8% 89.0% 63.4% 38.0% 66.3% 75.6% 73.8% 80.1% 7.0% $0 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 2014-2015 2015-2016 *2016-2017 2017-2018 Overcollection Fund $3,259,588 $0 $0 $72,227,775 $0 $0 $0 $0 $0 $0 Tobacco Fund $22,308,991 $17,341,282 $16,038,929 $82,147,225 $70,052,970 $138,123,08 $85,041,360 $62,398,192 $52,473,463 $57,898,234 State General Fund $97,423,893 $113,652,80 $130,284,99 $11,609,625 $121,258,99 $84,670,090 $167,667,56 $193,041,76 $147,718,98 $233,342,68 5 LOSFA’s Vision is to be Louisiana’s First Choice for College Access

Louisiana Office of Student Financial Assistance (LOSFA) A program of The Board of Regents Number of Number of Cost of Awards Percentage of Budget Number of Awards* Honors Awards* Performance Awards* (including Stipends) Cost of Stipends utilized by Stipends 1998-99 $54,033,633 $3,220,400 6.0% 23,562 1,826 5,143 1999-00 29,194 3,132 5,885 $67,441,804 $4,611,332 6.8% 2000-01 35,755 4,432 6,801 $90,246,181 $4,611,332 5.1% 2001-02 40,894 5,459 7,168 $104,032,660 $6,986,099 6.7% 2002-03 40,154 5,550 6,947 $104,661,661 $7,024,227 6.7% 2003-04 41,066 5,665 7,535 $110,513,877 $7,357,159 6.7% 2004-05 42,475 5,935 8,037 $117,072,573 $7,766,092 6.6% 2005-06 42,537 6,048 8,304 $116,937,262 $7,752,851 6.6% 2006-07 43,634 6,208 8,697 $120,656,596 $8,168,835 6.8% 2007-08 42,141 6,207 7,864 $116,658,454 $7,889,295 6.8% 2008-09 42,220 7,052 9,292 $122,992,472 $9,031,641 7.3% 2009-10 43,070 7,619 9,768 $130,994,933 $9,702,693 7.4% 2010-11 43,784 8,182 10,280 $146,323,924 $10,312,019 7.0% 2011-12 44,859 8,783 10,934 $165,984,625 $11,029,453 6.6% 2012-13 46,371 9,083 11,437 $191,311,961 $11,436,862 6.0% 2013-14 48,044 9,676 11,952 $222,793,171 $12,097,792 5.4% 2014-15 49,649 10,238 12,345 $252,711,594 $12,685,168 5.0% 2015-16 51,635 10,762 13,014 $255,455,090 $11,936,709 4.7% 2016-17 50,865 11,363 13,067 $200,333,416 $9,332,840 4.7% GRAND TOTAL 801,909 133,220 174,470 $2,691,155,887 $162,952,799 6.1% * This is a duplicated count of awards. 6 LOSFA’s Vision is to be Louisiana’s First Choice for College Access Data as of 8-29-17

Louisiana Office of Student Financial Assistance (LOSFA) A program of The Board of Regents TOPS Statistics: AY 2016-17 TOPS STATISTICS AY 2016-17 TOPS RECIPIENTS - FALL 2016 BOR Reported TOPS TOPS TOPS Percentage Enrollment: School Recipients Dollars School Recipients of Students Louisiana # A warded # on TOPS Undergraduates L.S.U. at Alexandria $1,807,169 601 L.S.U. at Alexandria 559 1,556 32.97% L.S.U. and A&M College $73,031,588 14,447 L.S.U. and A&M College 14,177 18,972 75.92% L.S.U. at Eunice $931,456 551 L.S.U. at Eunice 514 1,348 31.45% L.S.U. in Shreveport $2,169,099 625 L.S.U. in Shreveport 595 1,493 46.75% L.S.U. Health Sciences Center - NO $1,196,110 364 L.S.U. Health Sciences Center - NO 284 807 33.46% L.S.U. Health Sciences Center - Shrv 24 $104,391 L.S.U. Health Sciences Center - Shrv 19 25 76.00% LSU SYSTEM TOTA L 16,612 $79,239,813 LSU SYSTEM TOTAL 16,148 24,201 67.46% Southern University and A&M College $2,152,691 689 Southern University and A&M College 651 3,913 17.58% Southern University in New Orleans $75,278 28 Southern University in New Orleans 25 1,293 2.09% Southern University in Shreveport $46,674 35 Southern University in Shreveport 27 1,479 2.91% SU SYSTEM TOTA L $2,274,643 752 SU SYSTEM TOTAL 703 6,685 11.34% Grambling State University $530,028 157 Grambling State University 152 2,317 5.52% Louisiana Tech University $16,471,673 4,336 Louisiana Tech University 4,250 6,483 61.19% McNeese State University $7,736,215 2,289 McNeese State University 2,206 4,499 52.90% Nicholls State University $7,488,752 2,307 Nicholls State University 2,219 4,320 51.44% Northwestern State University $7,801,621 2,248 Northwestern State University 2,191 5,147 40.51% Southeastern Louisiana University 4,430 $16,360,415 Southeastern Louisiana University 4,279 8,435 50.50% University of Louisiana at Lafayette 7,201 $26,105,181 University of Louisiana at Lafayette 7,032 11,873 57.19% University of Louisiana at Monroe 2,781 $10,918,392 University of Louisiana at Monroe 2,705 4,902 54.20% University of New Orleans 1,679 $6,493,126 University of New Orleans 1,588 4,019 41.83% UL SYSTEM TOTA L 27,428 $99,905,403 UL SYSTEM TOTAL 26,622 51,995 50.33% Baton Rouge CC 524 $883,560 Bossier Parish CC 499 $922,139 Baton Rouge CC 452 4,124 13.09% Central Louisiana TCC 64 $119,946 Bossier Parish CC 450 3,419 15.09% Delgado CC 471 $824,809 Central Louisiana TCC 60 921 7.82% L. E. Fletcher TCC 201 $382,750 Delgado CC 419 5,219 10.33% Louisiana Delta CC 167 $301,709 L. E. Fletcher TCC 183 1,044 25.10% Northshore TCC 132 $238,042 Louisiana Delta CC 153 1,670 11.62% Northwest Louisiana TC 72 $97,279 Northshore TCC 111 1,218 9.85% Elaine P. Nunez CC 76 $132,750 Northwest Louisiana TC 60 842 9.62% River Parishes CC 189 $362,187 Elaine P. Nunez CC 61 792 10.35% South Central Louisiana TC 129 $168,909 River Parishes CC 174 811 22.32% South Louisiana CC 339 $630,910 South Central Louisiana TC 118 682 19.06% Sowela Technical CC 446 $844,097 South Louisiana CC 308 3,291 12.15% LCTCS SYSTEM TOTA L 3,309 $5,909,087 Sowela Technical CC 411 1,821 23.23% PRIVA TE SCHOOLS TOTA L 3,257 $12,591,066 LCTCS SYSTEM TOTAL 2,960 25,854 13.69% PROPRIETA RY SCHOOLS TOTA L 314 $442,513 STATEWIDE PUBLIC HIED TOTAL 46,433 108,735 43.04% GRA ND TOTA L 51,672 $200,362,525 Source: TOPS Payment Data 4/4/17 & BOR SPXLS216 Enrollment file Duplicated count: Students are counted once at each institution, but can attend multiple institutions within a year. BOR Does not collect Data from Private Schools (LAICU & Proprietary) LOSFA’s Vision is to be Louisiana’s First Choice for College Access 7 Data as of 9-22-17

Louisiana Office of Student Financial Assistance (LOSFA) A program of The Board of Regents Reasons for Growth in TOPS Expenditures 1. The increase in tuition prices in the State’s public institutions of higher education 2. The increase in the number of students accepting the award 3. Movement of students between award levels and institutions Percentage Change from 1998-99 to 2016-17 Students: 115.6% Dollars: 270.4% Tuition: 292.2% GRAD ACT INCREASES - Percentage Change During Grad Act (2010-11 thru 2016-17) FIRST YEAR Students: 16.0% Dollars: 36.8% Tuition: 88.0% 8 LOSFA’s Vision is to be Louisiana’s First Choice for College Access