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Georgia State University-2016--Financial Aid Interventions

Strategy/Project Name: 
Keep Hope Alive
Summary of Activities: 

By signing a contract to receive $500 for each of the first two semesters after losing Hope, students agree to participate in a series of programs and interventions designed to get them back on track academically and to make wise financial choices in the aftermath of losing the scholarship. 

Scholarship Criteria:

  • Program is open to freshman and sophomore students with a 2.75 – 2.99 HOPE grade point average.
  • Student must pursue a minimum of 30 credit hours within the next academic year (fall, spring, and summer semesters).
  • Students must attend Student Success workshops facilitated by the Office of Undergraduate Studies.
  • Students must meet with their academic coach on a regular basis.
  • Students are required to attend mandatory advisement sessions facilitated by the University Advisement Center.

During the coming academic year, we are exploring models for the use of KHA for our associate-degree seeking students.

Evaluation/Assessment plan: 

Baseline Status

Retention rates for students receiving the HOPE scholarship were 50% in 2008.

Six-year graduation rates for students who lost their HOPE scholarship at some point in their academic career were 21% in 2008

Interim Measures of Progress

For students in KHA in the period from 2011 to 2015, better than 55% gained the scholarship back at the next marker, in the process leveraging our $1,000 scholarship investment by gaining between $6,000 and $12,000 of Hope dollars back again.

Measures of Success

Since 2008, institutional HOPE retention rates have increased by 50%, from 49% to 75% in 2015.

Compared to 2008, the six-year graduation rate for students who lost their HOPE scholarship at some point in their academic carrier has almost doubled, from 21% in 2008 to 38% in 2015.

 

Progress and Adjustments: 

Losing the HOPE scholarship puts students far more at risk than losing a 3.0 GPA.