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2009 Performance Accountability Report Vol. 2 - Maryland Higher ...

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<strong>Maryland</strong>. Comparatively, the average cost savings between the four-year public colleges and<br />

Montgomery College was more than $3,100 in an academic year. The College has achieved its<br />

goal on this access and affordability indicator.<br />

To fully address issues of accessibility and affordability, it is imperative “that individuals who<br />

wish to pursue a higher education, especially low- and moderate-income students, have the<br />

financial means to do so by taking advantage of all forms of financial assistance and that loan<br />

debt is minimized.” At Montgomery College, 29 percent of all credit students received some<br />

form of financial aid in academic year (AY) 2008 (i.e., federal and state grants, scholarships,<br />

loans or a combination of these financial aid programs) compared to 27 percent in the previous<br />

year. Fifteen percent of the students that received financial aid in AY 2008 were awarded the<br />

Federal Pell Grant. The number of Federal Pell Grant recipients increased 14 percent, while the<br />

dollar amount increased 20 percent from AY 2007 to AY 2008. This increase is the largest oneyear<br />

increase in the past five years. However, the grant does not appear to be keeping up with the<br />

cost of tuition, fees, books and supplies. Unfortunately, as the need for aid rises, the financial<br />

resources in aid decline. In AY 2008, the percentage of aid from all federal aid programs<br />

increased only one percent. To offset the imbalance of the need-to-resource ratio, the state<br />

increased its financial support in the form of grants and scholarships. The state’s community<br />

colleges access initiative also provided additional and larger monetary awards.<br />

As noted above, the Federal Pell Grant is an essential financial resource for needy students. The<br />

College is concerned about excessive borrowing if grants and scholarship funds do not increase<br />

or fall below current levels because increased borrowing at higher loan levels can lead to<br />

increased defaults, especially in light of the tight and turbulent job market. The College must<br />

maintain a default rate under 30% to remain eligible for the Pell Grant program, on which so<br />

many students of need rely.<br />

Faculty and Professional Staff<br />

As expressed in the <strong>Maryland</strong> State Plan, “…it is imperative that colleges and universities – and<br />

their programs, faculty, staff and infrastructure – foster a friendly, supportive, and attractive<br />

environment for students from different races and cultures, one that promotes high expectations<br />

for the success of all students.” As such, the state of <strong>Maryland</strong> is committed to improving the<br />

diversity of faculty/staff and governing/advising boards at the state’s colleges and universities.<br />

The student body at Montgomery College is highly diverse, and the diversity of faculty and staff<br />

is correlated with the academic and social structure of the College. This is important because the<br />

academic and social structure of the College impacts the capacity to which students, within the<br />

College environment, can successfully integrate and assimilate. Furthermore, racial and ethnic<br />

diversity enhance the learning and critical thinking of students, valuable perspectives are<br />

represented on the campuses and in the classrooms, and role models are available for a diverse<br />

student body – all of which positively impact student success. Therefore, the diversity of faculty<br />

and staff to which students are exposed is vital.<br />

Nonwhite representation across all categories of employees has increased from 39.6 to 43.6<br />

percent over the past five years. The proportion of non-white or minority full-time faculty<br />

182

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