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Post Info TOPIC: IHL PR, 1/17/06: Relief allocations
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IHL PR, 1/17/06: Relief allocations
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http://www.ihl.state.ms.us/newsstory.asp?ID=371

BOARD APPROVES ALLOCATIONS OF FEDERAL RELIEF DOLLARS DESIGNATED FOR STUDENT FINANCIAL AID ASSISTANCE



1/17/2006 (Jackson, MS ) -

The Board of Trustees of State Institutions of Higher Learning (IHL) approved the allocations for the $95 million in federal dollars designated for student higher education financial aid assistance. Since the announcement of the availability of federal aid dollars in December, 2005, IHL’s Department of Student Financial Aid worked with all of Mississippi’s Title IV institutions, including public universities, private colleges, proprietary schools and community colleges, to assess need based on specific student eligibility requirements and institutional requirements. Each institution’s allocation is based upon a formula approved by the U.S. Department of Education.

“We are deeply appreciative of the extraordinary support from Governor Barbour, Senator Cochran and our congressional delegation in getting this much-needed funding for our higher education students in Mississippi,” said Commissioner of Higher Education Dr. Thomas C. Meredith.

The University of Southern Mississippi, which received the most damage of the state’s eight public universities, received the largest allocation at $27.5 million. “Katrina has already taken so much from us; we should not allow her to steal the education of our citizens,” said Southern Miss President Shelby Thames. “We will contact and encourage students to take advantage of Katrina relief funding so that they can benefit from this opportunity.”

Of Mississippi’s community colleges, Mississippi Gulf Coast Community College received the largest allocation at approximately $11.5 million, followed by Jones County Junior College at approximately $7 million and Pearl River Community College at $6.2 million.

 
Mississippi’s Post-Secondary Education Gulf Hurricane Financial Assistance Allocations

ACADEMY OF HAIR DESIGN

420,518.00

ALCORN STATE UNIVERSITY

1,000,000.00

BELHAVEN COLLEGE

325,000.00

BLUE CLIFF COLLEGE

174,265.00

BLUE MOUNTAIN COLLEGE

0.00

CHRIS' BEAUTY COLLEGE

75,000.00

COAHOMA COMMUNITY COLLEGE

25,000.00

COPIAH-LINCOLN COMMUNITY COLLEGE

300,000.00

DAY SPA CAREER COLLEGE

94,781.00

DELTA STATE UNIVERSITY

1,300,000.00

EAST CENTRAL COMMUNITY COLLEGE

300,000.00

EAST MISSISSIPPI COMMUNITY COLLEGE

200,000.00

FINAL TOUCH BEAUTY SCHOOL

92,301.00

HINDS COMMUNITY COLLEGE

20,000.00

HOLMES COMMUNITY COLLEGE

50,000.00

ITAWAMBA COMMUNITY COLLEGE

300,000.00

J & J HAIR DESIGN COLLEGE

64,021.00

JACKSON STATE UNIVERSITY

3,000,000.00

JONES COUNTY JUNIOR COLLEGE

7,068,541.00

MAGNOLIA BIBLE COLLEGE

0.00

MERIDIAN COMMUNITY COLLEGE

969,017.00

MILLSAPS COLLEGE

4,056,914.00

MISSISSIPPI COLLEGE

2,500,000.00

MISSISSIPPI DELTA COMMUNITY COLLEGE

0.00

MISSISSIPPI GULF COAST COMMUNITY COLLEGE

11,501,162.00

MISSISSIPPI STATE UNIVERSITY

11,971,000.00

MISSISSIPPI UNIVERSITY FOR WOMEN

500,000.00

MISSISSIPPI VALLEY STATE UNIVERSITY

230,000.00

NORTHEAST MISSISSIPPI COMMUNITY COLLEGE

12,500.00

NORTHWEST MISSISSIPPI COMMUNITY COLLEGE

75,000.00

PEARL RIVER COMMUNITY COLLEGE

6,215,939.00

RUST COLLEGE

20,000.00

SOUTHEASTERN BAPTIST COLLEGE

80,000.00

SOUTHWEST MISSISSIPPI COMMUNITY COLLEGE

200,000.00

TOUGALOO COLLEGE

500,000.00

UNIVERSITY OF MISSISSIPPI

8,531,041.00

UNIVERSITY OF MISSISSIPPI MEDICAL CENTER

300,000.00

UNIVERSITY OF SOUTHERN MISS

27,500,000.00

WESLEY BIBLICAL SEMINARY

25,000.00

WESLEY COLLEGE

3,000.00

WILLIAM CAREY COLLEGE

5,000,000.00

 

Under the leadership of the Board of Trustees, IHL governs the public universities in Mississippi, including Alcorn State University; Delta State University; Jackson State University; Mississippi State University including the Mississippi State University Division of Agriculture, Forestry and Veterinary Medicine; Mississippi University for Women; Mississippi Valley State University; the University of Mississippi including the University of Mississippi Medical Center; and the University of Southern Mississippi. ###



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HOWTHEYDOTHAT?

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Interesting...Just curious as to how they decided on these allocations...Was it assistance based on the number of students attending the schools from the Gulf Coast Area or from South MS?...Was it partially based on damages?...Can anyone cypher this for me?

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Black Cat

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Taxpayer money to private religious colleges - great!

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Deep Pockets

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Black Cat wrote:


Taxpayer money to private religious colleges - great!

Yes it is great, Black Cat. Faith-based sources willingly and cheerfully contributed large sums to Katrina relief efforts without regard to the recipients' personal characteristics - religious or otherwise.  

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LVN

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Ok, help me out here. The allocations are for student financial aid, right? Don't students at private and religious and proprietery colleges get federal financial aid already, in the form of grants and loans? As I read this, it's the amount that's changed.

I think Black Cat was reading too fast and missed this distinction.

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And the horse you rode in on

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Black Cat wrote:

Taxpayer money to private religious colleges - great!



That bothers you more than money to "beauty and hair schools"?

Damage is damage.

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Googler

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LVN wrote:


Ok, help me out here. The allocations are for student financial aid, right?


Invictus talked about the allocations under the "MSU Presidential Search" thread:


Earlier I referred to Meredith screwing USM. Now that the documentation has been presented to the IHL board, I'll elaborate.

The $29 billion Katrina relief package provided $95 million to Mississippi & $95 million to Louisiana for higher education. In the appropriation bill, Louisiana specified that its money would be disbursed through Title VII of the Higher Education Act, as amended. This provides for money to be disbursed to directly to institutions. Due to behind-the-scenes work by Tom Meredith, Mississippi's money is to be distributed under Title IV. This is student aid with no direct aid to institutions.

While we all should agree that student aid is not a bad thing, institutions like USM, PRCC, or MGCCC that had serious physical plant damage need institutional aid as well. That's not happening thanks to Dr. Meredith.

Following up on this, Meredith decreed that the money would be distributed according to the federal LEAP funding formula, which is based on the product of enrollment and tuition/fees. The initial distribution would have had MSU receiving $20 million, USM $15 million & UM $12 million.

Anyone who thinks MSU has more Katrina-affected students than USM needs to send me a couple of ounces of what they've been smoking, because it's seriously high grade stuff & could probably fund a couple of semesters of Invictus' offspring's tuition if sold on the street.

The final distribution (after some equally behind-the-scenes wrangling) has USM receiving more like $20 million. Ironically, MGCCC will receive about $400K less than MSU. Again, think about it. PRCC & Jones JC will also receive better-than-chump-change but not what they probably need.

Meredith almost succeeded in screwing USM and the community colleges. He has succeeded in screwing the community colleges. And he has some more goodies up his sleeve.



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LVN

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Thanks Googler. In other words, the money under discussion is for students, not for the institutions (which have massive needs.) So, no, taxpayer money is not going to beauty schools or Bible schools.

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Invictus

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HOWTHEYDOTHAT? wrote:

Interesting...Just curious as to how they decided on these allocations...Was it assistance based on the number of students attending the schools from the Gulf Coast Area or from South MS?...Was it partially based on damages?...Can anyone cypher this for me?


The initial distribution of funds was calculated by multiplying the fall 2004 (pre-Katrina) enrollment, full-time plus part-time, graduate and undergraduate, times double the average tuition and fees for fall 2005. Institutions then submitted their "best guess" of the amount needed & some institutions (e.g., MSU & UM) then received a lower-than-formula-distribution amount off the top. The formula was then applied to the remainder of the $95M fund. This is the "LEAP" formula, except that the rules eliminated the state match, which makes funds available for in-state & out-of-state students.

The data collected by IHL in no way asked how many students came from affected communities (e.g., no request for zipcode information). In fact, the form had the boxes numbered from left-to-right as: #1, #2, #2, and #4. This should tell you how much attention to detail the IHL MOSFA paid to this project.

The trick is that the funds can only be disbursed to students who are Title IV eligible. To receive the money, the students Estimated Family Contribution from FAFSA must be lower than the published cost of attendance, same as for Pell or other Title IV aid. Financial aid offices may make adjustments in eligibility after considering students' altered financial situations on an individual basis. The maximum "Katrina award" to a student for fall 2005 (retroactive), spring 2006, summer 2006, and/or fall 2006 is $5000 or the unmet need after other Title IV aid has been applied.

None of the money may be used for physical plant, faculty salaries, or any other purpose than student aid. Institutions have been told that they can supplant institutional scholarships (e.g., ACT, leadership, band, athletic, etc.) with Katrina funds if the student meets eligibility requirements.

Moreover, the actual money has not yet come from Washington, yet USM is allegedly making awards. Of course, USM has plenty of folks who're experts with Monopoly money, so what else can you show me?

To clarify another question here, Meredith negotiated with Cochran's office independently, while Stonecypher was working through Governor Barbour's office. Word on the sidewalk is that Haley is very, very unhappy with Meredith at the moment. Another bit of scuttlebutt: When informed of Meredith's trick play, one state senator jokingly (?) suggested simply reducing the IHL budget for FY 2007 by $95 million.

Regarding the beauty colleges & sectarian schools -- by tying the money to Title IV, Meredith included all institutions that can award federal student aid. There's nothing "faith based" about it.


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