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Board Report #99-1

Status of 1997-1998 Applicants and Programs

 

Wisconsin Higher Education Grant - WTC
WHEG - WTC has committed 173.88% ($19,643,934) of its appropriation with 22,078 awards. This is 1,107 fewer awards but 33.68% more committed than at this time last year. The final commitment for 1996-97 was 162.78%.

Wisconsin Higher Education Grant - UW
WHEG - UW has committed 137.61% ($22,708,483) of its appropriation with 23,585 awards. This is 540 fewer awards and 16.66% less committed than at this time last year. The final commitment for 1996-97 was 158.39%.

Wisconsin Tuition Grant
WTG has committed 111.67% ($19,513,502) of its appropriation with 9,925 awards. This is 119 more awards than 1996-97 and 7.79% less committed than at this time last year. In 1996-97 the program had committed 119.46% of its appropriation at this time last year. WTG commitment cannot exceed 122% per statutory requirement.

PLEASE NOTE: Keep in mind that awarding changes occurred in all three programs in December of 1997 due to additional funding available.

 

STATUS OF 1997-98 PROGRAMS ADMINISTERED
BY THE HIGHER EDUCATIONAL AIDS BOARD
PROGRAM Dollars Spent
as of
July 21, 1998
1997-98 Total
Appropriation
Remaining
Funds
% of 1997-98
Dollars Spent
% of 1996-97
Funds Spent as
of July 1, 1997
ACADEMIC EXCELLENCE SCHOLARSHIP $3,169,072 $3,218,000 $48,928 98.48% 99.85%
HANDICAPPED STUDENT GRANT $109,286 $123,800 $14,514 88.28% 91.61%
INDIAN STUDENT GRANT $745,636 $779,800 $34,164 95.62% 95.68%
MINORITY RETENTION GRANT
  INDEPENDENT COLLEGES
$375,936 $386,550 $10,614 97.25% 98.76%
MINORITY RETENTION GRANT
  WTC SYSTEM
$302,677 $306,550 $3,873 98.74% 99.50%
MINORITY TEACHER LOAN $111,430 $120,000 $8,570 92.86% 91.00%
TALENT INCENTIVE PROGRAM GRANT* $4,485,528 $4,997,379 $511,851 89.76% 83.49%
TEACHER EDUCATION LOAN $150,000 $150,000 $0 100.00% N/A
WISCONSIN HIGHER EDUCATION GRANT
  WTC SYSTEM
$11,229,524 $11,297,700 $68,176 99.40% 80.32%
WISCONSIN HIGHER EDUCATION GRANT
  UW SYSTEM
$15,749,270 $16,502,200 $752,930 95.44% 97.20%
WISCONSIN TUITION GRANT*** $17,461,592 $17,473,700** $12,108 99.93% 99.92%
* These figures reflect both State and Federal funds.
** Includes $300,000 transferred from 1998-99 funds.
*** Includes $158,658 awarded to 205 students attending Tribal Colleges.

 

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