| Overall Rating | Bronze - expired |
|---|---|
| Overall Score | 42.52 |
| Liaison | Kristina Hope |
| Submission Date | May 14, 2014 |
| Executive Letter | Download |
Knox College
PA-8: Affordability and Access
| Status | Score | Responsible Party |
|---|---|---|
|
2.59 / 4.00 |
Deb
Steinberg Director of Campus Sustainability Initiatives Office of Sustainability |
"---"
indicates that no data was submitted for this field
None
Does the institution have policies and programs in place to make it accessible and affordable to low-income students?:
Yes
None
A brief description of any policies and programs to minimize the cost of attendance for low-income students:
The Gale Scholar program is a collaborative partnership between Knox, the local school district, (Galesburg District 205) and the area community college (Carl Sandburg College), created to encourage and support higher education aspirations and success in the target population of academically promising first-generation and income eligible youth within District 205.
Each year up to 15 students are selected, and they join other cohorts to participate in summer enrichment and academic preparation, community service, and special skill-building experiences. Students who complete the program in high school receive tuition-waiver scholarships toward the completion of associate's and bachelor's degree programs at Carl Sandburg College and Knox, respectively. Highly academically successful students at Galesburg High School may qualify for direct enrollment at Knox College.
The program was recognized by the Illinois Board of Higher Education in 1999 as one of six exemplary "best practices" within the State of Illinois -- a program that directly addresses the growing number of youth who, because of socio-economic barriers, often are not given the opportunity to realize their full potential as scholars and future leaders in our community.
On the basis of this and other programs, Washington Monthly (2012) ranked Knox College number 11 among Top Colleges in Service to Public Good. (http://www.washingtonmonthly.com/college_guide/rankings_2012/liberal_arts_rank.php)
None
A brief description of any programs to equip the institution’s faculty and staff to better serve students from low-income backgrounds:
The TRIO Achievement Program supports the retention and graduation of students from modest income backgrounds and those whose parents do not have a four-year college degree. Students with documented disabilities may also participate in the TRIO Achievement Program. TRIO staff are trained to assist students with all aspects of the student experience -- personal, financial, academic, cultural, and more.
Faculty mentors for the McNair Scholars Program work with 10 sophomores each year, who are the first in their family to attend college, or from an ethnic or income group underrepresented in higher education.
Faculty supporting the Gale Scholars Program work with up to 15 socio-economically disadvantaged students each year, and guide them summer enrichment and academic preparation, community service, and special skill-building experiences.
None
A brief description of any programs to prepare students from low-income backgrounds for higher education:
The Gale Scholars program, described above engages academically promising students from low-income backgrounds in summer enrichment and academic preparation, community service, and special skill-building experiences. College financial assistance is offered as an incentive to remain engaged.
College 4 Kids is a summer program at Knox, engaging students in grades three through eight. In 2012, more than 260 children participated in more than 40 courses in the humanities, physical and social sciences, fine arts, languages, and mathematics. The 2012 attendance was the most diverse in the program's history. Courses are designed to engage high-achieving students, as well as serving as an entryway into higher education for many children of color and those from low-socio-economic-status backgrounds who, in the future, might be the first in their families to attend college.
After-school programs are also sponsored through clubs and organizations at Knox.
None
A brief description of the institution's scholarships for low-income students:
Knox College offered $42,090,869 in need-based financial aid for academic year 2012-'13.
Approximately 80% percent of new (U.S. first-year) students entering in fall 2013 qualified for financial aid based on need. Awards ranged from $15,500 to $49,931.
Student financial aid awards are based on financial need, determined by a FAFSA (Free Application for Federal Student Aid) and the Knox Financial Aid Application.
None
A brief description of any programs to guide parents of low-income students through the higher education experience:
Admission counselors work closely with parents to help them pursue appropriate financial aid avenues, both within and outside of Knox. They also work with students to guide them into relevant programs, such as TRIO.
None
A brief description of any targeted outreach to recruit students from low-income backgrounds:
Knox has decades-long relationships with CBOs in Chicago and elsewhere. Almost 10% of the Knox student body is from the Chicago Public School system.
None
A brief description of other admissions policies or programs to make the institution accessible and affordable to low-income students:
---
None
A brief description of other financial aid policies or programs to make the institution accessible and affordable to low-income students:
Subsidized loans are awarded based on financial need. Loanees will not accrue interest or start payments until they have been out of college for six months. Federal Direct Stafford Loan maximums are $5,500 for first-year students, $6,500 for sophomores, and $7,500 for juniors and seniors.
Unsubsidized loans are available for students who do not qualify for subsidized loans based on need and students whose parents are ineligible for the Federal PLUS Loan.
Perkins loans are usually reserved for students with greater financial need. The maximum award is $5,500 per undergraduate year, and you will not accrue interest or start payments until you've been out of college for nine months. Eligibility for the Federal Perkins Loan program is determined by Knox College.
None
A brief description of other policies and programs to make the institution accessible and affordable to low-income students not covered above:
Campus employment and work study awards give priority for campus jobs to students in financial need. Eligible students can work up to 10 hours per week and earn up to $2,475. Most work award recipients use their earnings to pay for personal expenses, books, and supplies. A list of campus jobs available to students is perpetually updated, and available on the school's online job bank.
Knox also accepts a payment plan option, offered through Tuition Management Systems (TMS). TMS provides three term-length payment plans of three or four months each so payments for the entire year can be spread across nine or 12 months.
Knox also has a scholarship program -- generally limited to no more than one-half of our comprehensive fee -- for non-U.S. citizens who demonstrate financial need and exceptional academic promise.
None
Does the institution have policies and programs in place to support non-traditional students?:
Yes
None
A brief description of any scholarships provided specifically for part-time students:
---
None
A brief description of any onsite child care facilities, partnerships with local facilities, and/or subsidies or financial support to help meet the child care needs of students:
n/a
None
A brief description of other policies and programs to support non-traditional students:
---
None
Does the institution wish to pursue Part 2 of this credit (accessibility and affordability indicators)?:
Yes
None
Indicators that the institution is accessible and affordable to low-income students::
| Percentage (0-100) | |
| The percentage of entering students that are low-income | 31 |
| The graduation/success rate for low-income students | 81 |
| The percentage of student financial need met, on average | 21 |
| The percentage of students graduating with no interest-bearing student loan debt | 26 |
None
The percentage of students that participate in or directly benefit from the institution’s policies and programs to support low-income and non-traditional students:
31
None
The website URL where information about the institution's affordability and access programs is available:
Data source(s) and notes about the submission:
Statistics for "Indicators that the institution is accessible and affordable to low-income students" pertain specifically to academic year 2012-2013.
"low income" is defined here as Pell-eligible.
Additional financial aid resources are available on the Knox website, at the following URLs:
http://www.knox.edu/admission/cost-and-financial-aid/how-to-apply-for-financial-aid.html
http://www.knox.edu/admission/cost-and-financial-aid/loans-and-financing-options.html
http://www.knox.edu/admission/cost-and-financial-aid/financial-aid-for-international-students.html
The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution or simply email your inquiry to stars@aashe.org.