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 Collegessmorrissey@vccs.edu

Megan HealyChief Workforce Development Advisor

Office of Governor Ralph NorthamMegan.healy@governor.virginia.gov

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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