Board Report #01-9
Exhibits A - H
Need-Based Assistance
All Sectors
EXHIBIT A
1999-2000
ALL SECTORS
Independent Colleges & Universities, UW System, WI Technical College System
Need-Based Financial Assistance
| Number of Students Receiving Financial Assistance |
90,458 |
| |
| Total Cost of Education |
$997,474,717 |
| - Expected Family Contribution (EFC) |
$351,674,794 |
|
| = Total Need |
$645,799,923 |
| |
| Total Need |
$645,799,923 |
| - Total Need-Based Assistance |
$429,995,573 |
|
| = Total Unmet Need |
$215,804,350 |
|
Number
of Awards |
Total
Dollars |
Average
Award |
% of Total
Aid Spent |
| Total Federal Assistance |
158,255 |
$319,393,868 |
$2,018 |
74.28% |
| Total Institutional Assistance |
12,604 |
$48,525,627 |
$3,850 |
11.29% |
| Total Other Assistance |
3,650 |
$6,670,739 |
$1,828 |
1.55% |
| Total Private Assistance |
2,557 |
$3,402,190 |
$1,331 |
0.79% |
| Total State Assistance |
47,104 |
$52,003,149 |
$1,104 |
12.09% |
| Total Need-Based Assistance
| 224,170 |
$429,995,573 |
$1,918 |
100.00% |
1999-2000 All Sectors
Pecentage of Need-Based Financial Assistance
Some definitions regarding need-based and non-need-based aid were clarified on the
1999-2000 WISSIS data collection tool which may lead to funds being placed in different categories
compared to previous years. Examples of this include Total Institutional Assistance vs. Total Other
Assistance and need-based vs. non-need-based loan volume.
EXHIBIT B
1999-2000
ALL SECTORS
Breakdown of Need-Based Financial Assistance Spent
|
Number
of Awards |
Total
Dollars |
Average
Award |
% of Total
Aid Spent |
| Federal Assistance |
|
| EMPLOYMENT |
11,765 |
$13,734,769 |
$1,167 |
3.19% |
| Federal Work Study |
11,765 |
$13,734,769 |
$1,167 |
3.19% |
| GRANTS |
68,114 |
$101,426,565 |
$1,489 |
23.59% |
| BIA Grants |
940 |
$3,058,650 |
$3,254 |
0.71% |
| Pell Grants |
44,777 |
$83,398,540 |
$1,863 |
19.40% |
| SEOG |
22,397 |
$14,969,375 |
$668 |
3.48% |
| LOANS |
78,376 |
$204,232,534 |
$2,606 |
47.50% |
| Perkins Loans |
14,564 |
$22,492,643 |
$1,544 |
5.23% |
| Stafford Loans |
63,812 |
$181,739,891 |
$2,848 |
42.27% |
| Total Federal Assistance |
158,255 |
$319,393,868 |
$2,018 |
74.28% |
| Institutional Assistance |
| Employment |
610 |
$1,619,339 |
$2,655 |
0.38% |
| Grants |
11,580 |
$46,284,904 |
$3,997 |
10.76% |
| Loans |
414 |
$621,384 |
$1,501 |
0.14% |
| Total Institutional Assistance |
12,604 |
$48,525,627 |
$3,850 |
11.29% |
| Other Assistance |
| Total Other Assistance |
3,650 |
$6,670,739 |
$1,828 |
1.55% |
| Private Assistance |
| Total Private Assistance |
2,557 |
$3,402,190 |
$1,331 |
0.79% |
| State Assistance Administered by HEAB |
| Hearing & Visually Handicapped Student Grant |
62 |
$94,603 |
$1,526 |
0.02% |
| Indian Student Assistance Grant |
824 |
$754,105 |
$915 |
0.18% |
| Minority Undergraduate Retention Grant |
638 |
$690,574 |
$1,082 |
0.16% |
| Talent Incentive Program Grant |
4,133 |
$4,468,058 |
$1,081 |
1.04% |
| Wisconsin Higher Education Grant |
32,141 |
$28,583,574 |
$889 |
6.65% |
| Wisconsin Tuition Grant |
9,306 |
$17,412,235 |
$1,871 |
4.05% |
| Total State Assistance |
47,104 |
$52,003,149 |
$1,104 |
12.09% |
| TOTAL NEED-BASED ASSISTANCE |
224,170 |
$429,995,573 |
$1,918 |
100.00% |
Some definitions regarding need-based and non-need-based aid were clarified on the
1999-2000 WISSIS data collection tool which may lead to funds being placed in different categories
compared to previous years. Examples of this include Total Institutional Assistance vs. Total Other
Assistance and need-based vs. non-need-based loan volume.
EXHIBIT C
1999-2000
Average Cost of Education / Need-Based Financial Assistance Comparison
EXHIBIT D
1999-2000
Expected Family Contribution (EFC) Comparison
EXHIBIT E
1999-2000
Type of Need-Based Financial Assistance Comparison
EXHIBIT F
1999-2000
ALL SECTORS
10 Year History of Need-Based Financial Assistance
|
PERCENTAGES OF FINANCIAL AID SPENT |
|
SOURCE (1) |
TYPE (2) |
ACADEMIC
YEAR |
# OF
RECIPIENTS |
AVG.
COST |
AVG.
CONTRIB. |
AVG.
NEED |
AVG.
AID |
FEDERAL
AID |
STATE
AID |
INST.
AID |
GRANT |
LOAN |
WORK |
| 1990-91 |
86,597 |
$7,576 |
$2,541 |
$5,035 |
$3,726 |
71.10% |
13.80% |
11.00% |
53.10% |
39.90% |
4.90% |
| 1991-92 |
90,855 |
$8,039 |
$2,706 |
$5,333 |
$3,979 |
71.60% |
12.50% |
11.90% |
53.20% |
40.10% |
4.80% |
| 1992-93 |
96,207 |
$8,338 |
$3,012 |
$5,326 |
$4,026 |
71.50% |
11.50% |
13.20% |
52.20% |
41.10% |
4.80% |
| 1993-94 |
97,885 |
$9,830 |
$2,735 |
$6,192 |
$4,544 |
73.90% |
11.90% |
13.80% |
53.40% |
48.20% |
5.20% |
| 1994-95 |
100,406 |
$8,917 |
$2,917 |
$6,075 |
$4,525 |
70.80% |
11.30% |
12.60% |
53.80% |
49.60% |
4.00% |
| 1995-96 |
91,797 |
$9,790 |
$2,843 |
$6,946 |
$5,274 |
64.23% |
11.02% |
15.29% |
41.20% |
54.18% |
3.52% |
| 1996-97 |
91,759 |
$9,799 |
$2,964 |
$6,835 |
$5,036 |
71.85% |
10.66% |
13.39% |
43.48% |
52.46% |
4.06% |
| 1997-98 |
92,603 |
$10,147 |
$3,208 |
$6,939 |
$4,656 |
71.78% |
12.26% |
12.30% |
46.03% |
48.80% |
4.87% |
| 1998-99 |
95,380 |
$10,208 |
$3,528 |
$6,680 |
$4,401 |
75.26% |
12.85% |
10.34% |
46.66% |
48.64% |
3.86% |
| 1999-2000 |
90,458 |
$11,027 |
$3,888 |
$7,139 |
$4,754 |
74.28% |
12.09% |
11.29% |
47.24% |
47.64% |
3.57% |
| (1) |
Does not include private assistance and unspecified "other" sources
of aid. |
| (2) |
Does not include unspecified "other" types of aid. |
PLEASE NOTE:
- 1993-94 was the first year Federal Methodology (FM) was instituted. Congressional methodology was used prior to FM.
- 1995-96 was the first year schools participated in direct lending for Stafford loans.
- 1995-96 and 1996-97 updated 11/98 per revised information provided by WTC System (WTC System data
includes all students, not just those receiving financial assistance.)
- 1997-98 difference in average aid is the result of excluding the un-subsidized Stafford , other
non-need based assistance, and short term institutional loans.
- 1998-99 the definition of Need-Based and Non-Need-Based Assistance was revised for WISSIS data.
EXHIBIT G
10 Year History
Percentage of Need-Based Financial Assistance by the State of Wisconsin
Compared to All Other Sources of Assistance
EXHIBIT H
1999-2000
Dependency Status of FAFSA Applicants
1999-2000 year-end data above includes Wisconsin resident undergraduates, awarded and unawarded,
for the FAFSA filer's first school only.
Data provided by the University of Wisconsin System Administration, each Independent College or
University, and the Wisconsin Technical College System Board.
Board Report #01-9
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