HEAB — Board Report — Report 99-14 Exhibits A-H

Board Report #99-14

Exhibits A - H

Need Based Assistance
All Sectors

EXHIBIT A

1997-98
ALL SECTORS
Independent Colleges & Universities, UW System, WI Technical College System
Need Based Financial Aid

Number
of Awards Total
Dollars Average
Award % of Total
Aid Spent

Total Federal Assistance 163,311 $309,476,724 $1,895 71.78%

Total Institutional Assistance 23,621 $53,013,018 $2,244 12.30%

Total Other Assistance 3,503 $5,763,593 $1,645 1.34%

Total Private Assistance 5,913 $10,039,988 $1,698 2.33%

Total State Assistance 51,412 $52,841,013 $1,028 12.26%

Total Assistance 247,760 $431,134,336 $1,740 100.00%

	Number of Awards	Total Dollars	Average Award	% of Total Aid Spent
Total Federal Assistance	163,311	$309,476,724	$1,895	71.78%
Total Institutional Assistance	23,621	$53,013,018	$2,244	12.30%
Total Other Assistance	3,503	$5,763,593	$1,645	1.34%
Total Private Assistance	5,913	$10,039,988	$1,698	2.33%
Total State Assistance	51,412	$52,841,013	$1,028	12.26%
Total Assistance	247,760	$431,134,336	$1,740	100.00%

Number of Students Receiving Financial Assistance 92,603

Total Cost of Education $939,671,264

- Expected Family Contribution (EFC) $297,113,719

= Total Need $642,557,545

Total Need $642,557,545

- Total Need Based Assistance $431,134,336

= Total Unmet Need $211,423,209

1997-98
Pecentage of Need Based Aid Spent by All Sectors

need-based aid chart

EXHIBIT B

1997-98
ALL SECTORS
Breakdown of Need Based Assistance Spent

Number
of Awards Total
Dollars Average
Award % of Total
Aid Spent
Federal Assistance

EMPLOYMENT 12,957 $14,677,183 $1,133 3.40%

Federal Work Study 12,957 $14,677,183 $1,133 3.40%

GRANTS 69,298 $85,318,931 $1,231 18.46%

BIA Grant 887 $2,464,102 $2,778 0.57%

Pell Grant 45,420 $68,536,126 $1,509 15.90%

SEOG 22,969 $14,298,098 $622 3.32%

Other Grants 22 $20,605 $937 0.00%

LOANS 81,056 $209,480,610 $2,584 48.59%

Perkins Loan 13,730 $20,917,222 $1,523 4.85%

Stafford Loan 67,059 $187,853,994 $2,801 43.57%

Other Loans 267 $709,394 $2,657 0.16%

Total Federal Assistance 163,311 $309,476,724 $1,895 71.78%

Institutional Assistance

EMPLOYMENT 6,975 $6,316,268 $905 1.47%

Institutional Employment 6,975 $6,316,268 $905 1.47%

GRANTS 16,099 $45,901,121 $2,851 10.65%

Institutional Grants 16,099 $45,901,121 $2,851 10.65%

LOANS 546 $795,629 $1,457 0.18%

Institutional Loans 546 $795,629 $1,457 0.18%

Total Institutional Assistance 23,621 $53,013,018 $2,244 12.30%

Other Assistance

GRANTS 3,068 $4,448,070 $1,450 1.03%

Other Grants 3,068 $4,448,070 $1,450 1.03%

OTHER 435 $1,315,523 $3,024 0.31%

Other Need Based Aid 435 $1,315,523 $3,024 0.31%

Total Other Assistance 3,503 $5,763,593 $1,645 1.34%

Private Assistance

GRANTS 5,913 $10,039,988 $1,698 2.33%

Private Grants 5,913 $10,039,988 $1,698 2.33%

Total Private Assistance 5,913 $10,039,988 $1,698 2.33%

State Assistance*

GRANTS 51,348 $52,727,083 $1,027 12.23%

Handicapped Student Grant 66 $97,586 $1,479 0.02%

Indian Student Grant 793 $735,536 $928 0.17%

Minority Retention Grant 662 $677,613 $1,024 0.16%

Talent Incentive Program Grant 4,319 $4,561,161 $1,056 1.06%

Wisconsin Higher Education Grant 34,022 $26,981,493 $793 6.26%

Wisconsin Tuition Grant 9,806 $17,498,665 $1,784 4.06%

Other Grants (e.g. Lawton) 1,680 $2,175,029 $1,295 0.50%

LOANS 64 $113,930 $1,780 0.03%

Minority Teacher Loan 64 $113,930 $1,780 0.03%

Total State Assistance 51,412 $52,841,013 $1,028 12.26%

* Figures do not include the Academic Excellence Scholarship

	Number of Awards	Total Dollars	Average Award	% of Total Aid Spent
Federal Assistance
EMPLOYMENT	12,957	$14,677,183	$1,133	3.40%
Federal Work Study	12,957	$14,677,183	$1,133	3.40%
GRANTS	69,298	$85,318,931	$1,231	18.46%
BIA Grant	887	$2,464,102	$2,778	0.57%
Pell Grant	45,420	$68,536,126	$1,509	15.90%
SEOG	22,969	$14,298,098	$622	3.32%
Other Grants	22	$20,605	$937	0.00%
LOANS	81,056	$209,480,610	$2,584	48.59%
Perkins Loan	13,730	$20,917,222	$1,523	4.85%
Stafford Loan	67,059	$187,853,994	$2,801	43.57%
Other Loans	267	$709,394	$2,657	0.16%
Total Federal Assistance	163,311	$309,476,724	$1,895	71.78%
Institutional Assistance
EMPLOYMENT	6,975	$6,316,268	$905	1.47%
Institutional Employment	6,975	$6,316,268	$905	1.47%
GRANTS	16,099	$45,901,121	$2,851	10.65%
Institutional Grants	16,099	$45,901,121	$2,851	10.65%
LOANS	546	$795,629	$1,457	0.18%
Institutional Loans	546	$795,629	$1,457	0.18%
Total Institutional Assistance	23,621	$53,013,018	$2,244	12.30%
Other Assistance
GRANTS	3,068	$4,448,070	$1,450	1.03%
Other Grants	3,068	$4,448,070	$1,450	1.03%
OTHER	435	$1,315,523	$3,024	0.31%
Other Need Based Aid	435	$1,315,523	$3,024	0.31%
Total Other Assistance	3,503	$5,763,593	$1,645	1.34%
Private Assistance
GRANTS	5,913	$10,039,988	$1,698	2.33%
Private Grants	5,913	$10,039,988	$1,698	2.33%
Total Private Assistance	5,913	$10,039,988	$1,698	2.33%
State Assistance*
GRANTS	51,348	$52,727,083	$1,027	12.23%
Handicapped Student Grant	66	$97,586	$1,479	0.02%
Indian Student Grant	793	$735,536	$928	0.17%
Minority Retention Grant	662	$677,613	$1,024	0.16%
Talent Incentive Program Grant	4,319	$4,561,161	$1,056	1.06%
Wisconsin Higher Education Grant	34,022	$26,981,493	$793	6.26%
Wisconsin Tuition Grant	9,806	$17,498,665	$1,784	4.06%
Other Grants (e.g. Lawton)	1,680	$2,175,029	$1,295	0.50%
LOANS	64	$113,930	$1,780	0.03%
Minority Teacher Loan	64	$113,930	$1,780	0.03%
Total State Assistance	51,412	$52,841,013	$1,028	12.26%
* Figures do not include the Academic Excellence Scholarship

EXHIBIT C

1997-98
Average
Education Cost / Need-Based Financial Assistance
Comparison

cost/aid comparison chart

EXHIBIT D

1997-98
EFC Comparison by Sector

EFC comparison chart

EXHIBIT E

1997-98
Need Based Assistance
Grant, Loan, Work
Comparison

assistance comparison chart

EXHIBIT F

ALL SECTORS
10 Year History of Need Based Financial Aid

PERCENTAGES OF FINANCIAL AID SPENT

SOURCE TYPE

ACADEMIC
YEAR # OF
RECIPIENTS AVG.
COST AVG.
CONTRIB. AVG.
NEED AVG.
AID(1) FEDERAL
AID STATE
AID INST.
AID GRANT LOAN WORK

1988-89 82,312 $6,814 $2,276 $4,528 $3,490 73.80% 13.00% 10.00% 55.30% 38.20% 5.10%

1989-90 85,441 $7,022 $2,362 $4,660 $3,572 72.80% 12.00% 10.30% 54.60% 38.80% 5.10%

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%

1997-1998 92,603 $10,147 $3,208 $6,939 $4,656 71.78% 12.26% 12.30% 46.03% 48.80% 4.87%

(1) Need Based Assistance Only

	PERCENTAGES OF FINANCIAL AID SPENT
	SOURCE	TYPE
ACADEMIC YEAR	# OF RECIPIENTS	AVG. COST	AVG. CONTRIB.	AVG. NEED	AVG. AID(1)	FEDERAL AID	STATE AID	INST. AID	GRANT	LOAN	WORK
1988-89	82,312	$6,814	$2,276	$4,528	$3,490	73.80%	13.00%	10.00%	55.30%	38.20%	5.10%
1989-90	85,441	$7,022	$2,362	$4,660	$3,572	72.80%	12.00%	10.30%	54.60%	38.80%	5.10%
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%
1997-1998	92,603	$10,147	$3,208	$6,939	$4,656	71.78%	12.26%	12.30%	46.03%	48.80%	4.87%

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.
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.
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.)

EXHIBIT G

ALL SECTORS
10 Year History
Percentages of Financial Assistance by the State of Wisconsin
Compared to All Other Sources of Assistance

state assistance comparison chart

EXHIBIT H

1997-98
Status of FAFSA Applicants by Sector

FAFSA status chart

1997-98 year end data above includes Wisconsin resident undergrads, awarded and unawarded, and the FAFSA filer's first school only.

Data provided by the Independent Colleges and Universities, the University of Wisconsin System Administration, and the Wisconsin Technical College System Board.

Board Report #99-14

HEAB Main Page Contacting HEAB Financial Aid Programs Financial Aid Application Information
Frequently Asked Questions Links Information for Financial Aid Administrators Site Map

© Copyright 1999 by the Higher Educational Aids Board
HEAB E-Mail: HEABmail@wisconsin.gov
State of Wisconsin E-Government Privacy Notice

Number of Students Receiving Financial Assistance	92,603

Total Cost of Education	$939,671,264
- Expected Family Contribution (EFC)	$297,113,719

= Total Need	$642,557,545

Total Need	$642,557,545
- Total Need Based Assistance	$431,134,336

= Total Unmet Need	$211,423,209

Exhibits A - H

Need Based AssistanceAll Sectors

Need Based Assistance
All Sectors