Enrollment Update Report to the Board of Trustees

Enrollment Update Report to the Board of Trustees Academic Affairs Committee Mrs. Akua Matherson Interim Associate Vice Chancellor for Enrollment Management February 17, 2012 North Carolina Agricultural and Technical State University Explore. Discover. Become.

Progress on Enrollment Initiatives § Excellent progress has been made on the implementation of recruitment strategies shared with the Board of Trustees in November. § Some of the key accomplishments are listed on the next few slides: North Carolina Agricultural and Technical State University www. ncat. edu | Explore. Discover. Become. 2

Progress on Enrollment Initiatives, cont. § Admissions Pros – software has been purchased and implemented. Allows prospective students to complete applications process through customized student portal. Also allows electronic contact, engagement and communication which can be highly personalized and strategically timed. North Carolina Agricultural and Technical State University www. ncat. edu | Explore. Discover. Become. 3

Progress on Enrollment Initiatives, cont. § Student Search for Fall 2012 – names of potential freshmen for the fall 2012 have been purchased from the College Board and communication for them will begin in late February § Reorganization of Aggie Nights – currently working with both the Alumni Association and Office of Alumni Affairs to revamp Aggie nights to include admitted student functions, open houses and training of alumni volunteers to assist in the recruitment effort. § In addition, revised publications have been created and the initial student brochure has been completed. As a result the recruitment of students for 2012 is well underway. North Carolina Agricultural and Technical State University www. ncat. edu | Explore. Discover. Become. 4

Progress on Enrollment Initiatives, cont. Data as of January 31, 2012 § Applications received are 5, 817. This is an increase of +93 applications from the same period last year and an increase of +460 applications from the same period two years ago. § Number of admitted students is 1, 124 and number of deferred students is 431. § As a new initiative, a small team comprised of the Chancellor, Provost, AVC for Enrollment Management and Director of Admissions will review the deferred students and make decisions on final admit status. North Carolina Agricultural and Technical State University www. ncat. edu | Explore. Discover. Become. 5

Student Financial Aid Update § The Office of Student Financial Aid, along with the Loans Collections Office, continues to work diligently to maintain a low default rate. § It is interesting to note that many HBCUs maintain a double digit default rate, while majority campuses maintain a single digit default rate. § The table on the next slide gives a 10 year history of NCA&T’s default rate. North Carolina Agricultural and Technical State University www. ncat. edu | Explore. Discover. Become. 6

Student Financial Aid Update, cont. Year Borrowers Entering Repayment Borrowers in Default NCAT Default Rate% 2009 2008 2007 2006 2005 2004 2376 3499 3066 2727 2479 2177 237 250 314 243 255 176 9. 9 7. 1 10. 2 8. 9 10. 2 9. 3 2002 2001 2000 1876 1721 1722 1893 176 210 168 218 9. 3 12. 2 9. 7 12. 0 North Carolina Agricultural and Technical State University www. ncat. edu | Explore. Discover. Become. 7

Student Financial Aid Update, cont. § The Department of Education is moving toward a three year review of students in repayment. Currently a two year review is being used. § Both the percentage of borrowers going into repayment and the number of borrowers defaulting during that period will increase, thus increasing the University’s default rate. § The Office of Student Financial Aid along with the Department of Education servicer are working diligently to advise students of their options before and during the repayment period. North Carolina Agricultural and Technical State University www. ncat. edu | Explore. Discover. Become. 8

Student Financial Aid Update, cont. What is NCA&T doing to assist in maintaining a low default rate: § First time borrowers are required to complete an Entrance Counseling session before their loan is disbursed. § First time borrower’s loan disbursement is delayed until 30 days after enrollment. This prevents a new student from receiving the loan and withdrawing from the University. § Graduating seniors are required to complete an Exit Counseling session before their diploma is released. § Default prevention letters are mailed to students who are delinquent on their loan. § The Office of Student Financial Aid works closely with the Servicer on default prevention initiatives. § The Office of Student Financial Aid reviews its preliminary data and challenges any data that seem inaccurate thus reducing the institution’s default rate. North Carolina Agricultural and Technical State University www. ncat. edu | Explore. Discover. Become. 9