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<div class=Section1>
<p class=MsoNormal>At their meeting last Thursday (September 8), the State
Regents “posted” the attached proposed policy revisions for the
Oklahoma’s Promise program. The attached agenda item includes some
analysis of the proposed policy revisions as well as the actual proposed policy
amendments. No action was taken by the State Regents at the
meeting. The proposed policy revisions are now available for public
review and comment prior to possible action by the State Regents at a future
meeting.<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>The proposed policy revisions address several important
changes for the program:<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoListParagraph style='text-indent:-.25in;mso-list:l0 level1 lfo2'><![if !supportLists]><span
style='font-family:Symbol'><span style='mso-list:Ignore'>·<span
style='font:7.0pt "Times New Roman"'>
</span></span></span><![endif]>Implementation of a new second family income
check when the Oklahoma’s Promise student begins college. The
second family income limit is set at $100,000 federal adjusted gross
income. This process will start with the 2012 high school graduates and
apply to each high school graduating class thereafter. As drafted, the
second family income check will be done only once when the student starts
college. The student/parents will be required to file a FAFSA which will
be used to verify adjusted gross income. (amendments on pages 10-11; Section
610:25-23-5)<o:p></o:p></p>
<p class=MsoNormal style='margin-left:.25in'><o:p> </o:p></p>
<p class=MsoListParagraph style='text-indent:-.25in;mso-list:l0 level1 lfo2'><![if !supportLists]><span
style='font-family:Symbol'><span style='mso-list:Ignore'>·<span
style='font:7.0pt "Times New Roman"'>
</span></span></span><![endif]>Implementation of the new statutory college GPA requirement
that will apply to Oklahoma’s Promise college freshmen that start college
in fall 2012 and each entering freshmen class thereafter. This change
does not apply to any Oklahoma’s Promise students that graduated high
school prior to 2012. The proposed policy changes describe how the new
GPA should be calculated. (amendments on pages 11-12; Section 610:25-23-6)<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoListParagraph style='text-indent:-.25in;mso-list:l0 level1 lfo2'><![if !supportLists]><span
style='font-family:Symbol'><span style='mso-list:Ignore'>·<span
style='font:7.0pt "Times New Roman"'>
</span></span></span><![endif]>Implementation of federal Satisfactory Academic
Progress (SAP) standards for <b><u>all</u></b> Oklahoma’s Promise award recipients
beginning with the 2012-13 academic year and each year thereafter. The
SAP standards will apply to <b><u>all</u></b> OKPromise award recipients in
2012-13, not just incoming freshmen. (amendment on page 12; Section
610:25-23-6)<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoListParagraph style='text-indent:-.25in;mso-list:l0 level1 lfo2'><![if !supportLists]><span
style='font-family:Symbol'><span style='mso-list:Ignore'>·<span
style='font:7.0pt "Times New Roman"'>
</span></span></span><![endif]>Implementation of a new “Heroes
Promise” benefit provided through Oklahoma’s Promise for children
of U.S. military personnel killed in the line of duty since January 1, 2000.
(amendments on pages 15-17; Section 610:25-23-9)<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>Please review these proposed policy changes carefully and
let me know if you have questions, concerns, suggestions, etc. We also
plan to discuss the changes with the OASFAA board at their meeting this Friday,
September 16.<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal>Bryce Fair<o:p></o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal><o:p> </o:p></p>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>Bryce
Fair</span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>Associate
Vice Chancellor for Scholarships & Grants</span><span style='font-size:
12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>Oklahoma
State Regents for Higher Education</span><span style='font-size:12.0pt;
font-family:"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>Phone:
405-225-9162</span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>Fax:
405-225-9392</span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>e-mail:
</span><a href="mailto:bfair@osrhe.edu"><span style='font-size:10.0pt;
font-family:"Arial","sans-serif";color:blue'>bfair@osrhe.edu</span></a><span
style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'> <o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>Mailing
address:</span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>P.O.
Box 108850</span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>Oklahoma
City, OK 73101-8850</span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'> <o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>Street
address:</span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>655
Research Parkway, Suite 200</span><span style='font-size:12.0pt;font-family:
"Times New Roman","serif"'><o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'>Oklahoma
City, OK 73104</span><o:p></o:p></p>
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