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Board Report #02-14

Exhibits U - X

Need Based Assistance
Wisconsin Technical College System

 

EXHIBIT U

2000-01
Wisconsin Technical College System
Need-Based Financial Assistance

 

Number of Students Receiving Financial Assistance 26,883
 
Total Cost of Education $246,126,694
- Expected Family Contribution (EFC) $76,086,398

= Total Need $170,040,496
 
Total Need $170,040,496
- Total Need-Based Assistance $84,374,687

= Total Unmet Need $85,665,809

Number
of Awards
Total
Dollars
Average
Award
% of Total
Aid Spent
Total Federal Assistance 38,982 $66,393,195 $1,703 78.69%
Total Institutional Assistance 715 $691,572 $967 0.82%
Total Other Assistance 460 $513,682 $1,117 0.61%
Total Private Assistance 1,163 $810,346 $697 0.96%
Total State Assistance 20,578 $15,965,892 $776 18.97%
Total Assistance 61,898 $84,374,687 $1,363 100.00%

 

2000-01 Wisconsin Technical College System
Pecentage of Need-Based Assistance

need-based aid chart

EXHIBIT V

2000-01
Wisconsin Technical College System
Breakdown of Need-Based Assistance Spent

 

Number
of Awards
Total
Dollars
Average
Award
% of Total
Aid Spent
Federal Assistance
EMPLOYMENT 1,438 $1,685,112 $1,172 2.00%
  Federal Work Study 1,438 $1,685,112 $1,172 2.00%
GRANTS 21,856 $33,560,772 $1,536 39.78%
  Bureau of Indian Affairs Grants 294 $772,053 $2,626 0.92%
  Pell Grants 17,461 $30,829,367 $1,766 36,54%
  Supplemental Educational Opportunity Grants 4,101 $1,959,352 $478 2.32%
LOANS 15,688 $31,147,311 $1,985 36.92%
  Perkins Loans 20 $27,312 $1,366 0.03%
  Stafford Loans 15,668 $31,119,999 $1,986 36.88%
Total Federal Assistance 38,982 $66,393,195 $1,703 78.69%
Institutional Assistance
  Employment 0 $0 $0 0.00%
  Grants 715 $691,572 $967 0.82%
  Loans 0 $0 $0 0.00%
Total Institutional Assistance 715 $691,572 $967 0.82%
Other Assistance (1)
Total Other Assistance 460 $513,682 $1,117 0.61%
Private Assistance
  Privately Funded Grants or Scholarships 1,163 $810,346 $697 0.96%
Total Private Assistance 1,163 $810,346 $697 0.96%
State Assistance Administered by HEAB
  Hearing & Visually Handicapped Student Grant 20 $30,600 $1,530 0.04%
  Indian Student Assistance Grant 232 $212,179 $915 0.25%
  Minority Undergraduate Retention Grant 329 $330,758 $1,005 0.39%
  Talent Incentive Program Grant 1,091 $1,402,828 $1,286 1.66%
  Wisconsin Higher Education Grant 18,892 $13,960,777 $739 16.55%
  Wisconsin Tuition Grant - Aviation 14 $28,750 $2,054 0.03%
Total State Assistance 20,578 $15,965,892 $776 18.92%
TOTAL NEED-BASED ASSISTANCE 61,898 $84,374,687 $1,363 100.00%

(1) Includes Carl Perkins Vocational Education Act, WTC Project Grants, JTPA, DVR, other scholarships, WIA, TAA, and dislocated workers assistance.

EXHIBIT W

2000-01
Wisconsin Technical College System
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
1991-92 29,318 $7,047 $2,052 $4,995 $2,633 83.00% 13.20% 2.60% 58.20% 36.80% 4.90%
1992-93 29,872 $7,189 $2,267 $4,922 $2,709 83.00% 13.10% 2.80% 58.20% 37.30% 4.50%
1993-94 28,632 $7,735 $1,831 $5,904 $3,057 82.50% 14.10% 3.40% 51.00% 46.20% 2.80%
1994-95 29,172 $7,011 $1,830 $5,182 $3,024 81.10% 15.00% 3.00% 53.30% 44.70% 4.30%
1995-96 28,115 $8,204 $2,308 $5,895 $3,030 80.90% 15.20% 2.60% 49.40% 46.40% 4.20%
1996-97 28,779 $7,689 $2,217 $5,473 $3,226 78.10% 13.49% 2.25% 47.42% 48.58% 4.00%
1997-98 29,616 $8,004 $2,736 $5,268 $2,654 75.85% 16.38% 2.51% 55.33% 39.79% 4.68%
1998-99 29,944 $7,990 $2,905 $5,085 $2,633 81.39% 17.30% 0.25% 56.76% 40.54% 2.49%
1999-2000 27,914 $8,581 $2,963 $5,617 $2,957 81.68% 15.93% 0.75% 60.72% 36.43% 2.15%
2000-01 26,883 $9,155 $2,830 $6,325 $3,139 78.69% 18.92% 0.82% 60.48% 36.92% 2.00%

(1) Does not include private assistance and unspecified "other" sources of aid.
(2) Does not include unspecified "other" types of aid.

PLEASE NOTE:

EXHIBIT X

 

2000-01
Wisconsin Technical College System
Expected Family Contribution (EFC) Ranges and Dependency Status

% EFC STATUS
TECHNICAL
COLLEGE
$0 $1 - $1,999 $2,000 - $2,999 $3,000 - $3,999 $4,000 + DEPENDENT INDEPENDENT NUMBER OF
APPLICANTS
Blackhawk 36.66% 21.35% 7.42% 6.26% 25.83% 25.68% 74.32% 1,293
Chippewa Valley 24.69% 20.13% 8.87% 7.22% 35.86% 48.73% 51.27% 2,479
Fox Valley 20.98% 19.46% 7.88% 7.49% 41.93% 45.98% 54.02% 2,564
Gateway 40.26% 20.81% 7.19% 5.01% 22.06% 22.01% 77.99% 2,335
Lakeshore 24.65% 21.37% 6.76% 7.42% 36.21% 29.23% 70.77% 917
Madison Area 20.59% 19.29% 9.43% 8.16% 38.63% 48.53% 51.47% 4,900
Mid-State 28.34% 23.64% 9.91% 6.58% 30.01% 38.76% 61.24% 1,383
Milwaukee Area 42.15% 19.51% 5.24% 5.03% 22.88% 29.25% 70.75% 9,596
Moraine Park 24.10% 18.75% 9.13% 5.92% 38.08% 36.43% 63.57% 1,216
Nicolet Area 32.12% 26.38% 8.32% 7.62% 23.33% 37.40% 62.60% 853
Northcentral 26.34% 24.33% 8.42% 6.22% 32.75% 40.51% 59.49% 1,496
Northeast Wisconsin 25.21% 20.13% 7.50% 6.79% 37.37% 42.17% 57.83% 2,106
Southwest Wisconsin 28.25% 28.15% 8.42% 6.34% 28.25% 50.74% 49.26% 1,009
Waukesha County 19.02% 16.14% 7.40% 5.85% 48.63% 42.78% 57.22% 1,351
Western Wisconsin 26.97% 21.64% 8.50% 8.06% 31.08% 44.26% 55.74% 2,458
Wisconsin Indianhead 30.91% 21.26% 7.64% 7.38% 29.99% 41.79% 58.21% 1,924
 
TOTAL APPLICANTS 11,547 7,784 2,857 2,467 11,871 14,460 23,420 37,880
 
AVERAGE 30.48% 20.55% 7.54% 6.51% 31.34% 38.17% 61.83% 2,368

PLEASE NOTE: EFC range data does not include invalid EFC values.

 

2000-01 year-end data above includes Wisconsin resident undergraduates, awarded and unawarded, and FAFSA filer's first school only.

Data provided by the Wisconsin Technical College System Board.

 

Board Report #02-14

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