academic scholarship evaluation. universities are like the airlines. we all overbook! an important...

Academic Scholarship Evaluation

Universities are like the airlines.

We all overbook!

An important Hint

Academic Scholarship

• Based on student performance, not financial status

• SAT/ACT, Class Rank, HS GPA

• Can be very competitive, or not

• Generally tied to tuition

Evaluating the GPA

Obtain High School Profile•Ask students to provide with transcript

Understand context•Be careful when comparing apples to oranges. 

Understand grading scale•Most high schools use a standard four-point scale.

Evaluating the GPA

Consider recalculating GPA•Many colleges will recalculate GPAs in an attempt to level the playing feel

Know the advanced courses offered and any limitations placed on students•What is the difference between Advanced Placement, International Baccalaureate, Honors and other advanced curricula? 

b

Evaluating the GPA

Be consistent when reviewing students from the same school

Merit Need Merit Need Merit Need Merit Need Merit Need

1 0 1 $0 $0 $0 30% $0 30% $0 30%

2 7 2 $0 $0 $0 30% $0 30% $0 30%

3 35 3 $0 $0 $0 35% $0 35% $0 35%

4 52 4 $0 $0 $0 45% $0 45% $0 45%

4n 62 5 $10,000 $10,000 $10,000 70% $10,000 70% $10,000 70%

5 65 6 $12,000 $12,000 $12,000 70% $12,000 70% $12,000 70%

6 70 7 $15,000 $15,000 $15,000 70% $15,000 70% $15,000 70%

7 80 8 $18,000 $18,000 $18,000 70% $18,000 70% $18,000 70%

8 96 9 $27,500 $27,500 $27,500 75% $27,500 75% $27,500 75%

9 97 10 $38,600 $38,600 $38,600 75% $38,600 75% $38,600 75%

Base Simulation: 2014 Policy

TCU Point

Cut-Off

1 5

Need Index

Non-Aid Applicants $0 Need $1-$23,999TCU

Rating

$40,000 or MoreAward

Index

2 3$24,000-$39,999

4

2014 % Increase 2015

Enrolled Inst Grant Net Rev. Discount Tuition & Fees: $38,600 5.00% $40,530

1400 $17,475,297 $36,571,922 32.3% 2014 Budget Room & Board: $10,650 0.00% $10,650

$17,822,884 $38,926,696 31.4% 3.59% Budget Increase Other Expenses: $4,572 0.00% $4,572

Budget: $53,822 3.59% $55,752

31 $1,500,576 -$296,757 2014 Budget

31 $1,848,163 $2,058,017 3.59% Budget Increase Actual Test Simulation Change

1 391 392 381 -12

1400 $17,761,891 $38,987,689 31.3% 2 255 255 244 -11

3 213 211 215 4

4 223 221 252 31

135 $4,049,074 $1,422,476 74.0% 5 287 290 309 19

68 $1,703,447 $1,052,594 61.8% 1 580 580 601 21

34 $1,255,849 $122,171 91.1% 2 371 367 373 6

32 $353,159 $943,801 27.2% 3 132 137 136 0

2 $47,387 $33,674 58.5% 4 135 133 135 2

36 $166,672 $1,292,408 11.4% 5 151 152 155 3

215 $773,145 $7,940,805 9.3% Of Color: 293 293 0

522 $8,348,733 $12,807,927 39.5% Percent Of Color: 21.4% 20.9% -0.50%

Male: 513 518 5

Female: 856 882 26

1922 $26,110,623 $51,795,616 33.5% Percent Male: 37.5% 37.0% -0.49%

Average Test: 1861.7 1871.3 9.6

Avg. GPA: 3.51 3.52 0.01

In-State: 595 608 13

Marginal

Actual + Marginal (with Budget Increase)

SimulationModel Population Estimates

Cost Increase Assumptions

Aca

dem

ic R

ank

Excluded Freshmen (with Budget Increase)

Nee

d R

ank

Total Freshmen Estimates