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Board Report #99-15

Status of 1998-1999 Applicants and Programs

 

Wisconsin Higher Education Grant - WTC*
WHEG - WTC has reached 164.15% ($19,399,176) of its appropriation with 21,028 awards. This is 278 fewer awards and 3.42% less committed than at this time last year. In 1997-98 the program had committed 167.57% of its appropriation at this time last year. The final commitment for 1997-98 was 173.88%

Wisconsin Higher Education Grant - UW*
WHEG - UW has committed 130.58% ($23,498,748) of its appropriation with 22,421 awards. This is 655 fewer awards and 4.11% less committed than at this time last year. In 1997-98 the program had committed 134.69% of its appropriation at this time last year. The final commitment for 1997-98 was 137.61%.

Wisconsin Tuition Grant*
WTG has committed 113.47% ($20,533,694) of its appropriation with 9,596 awards. This is 290 less awards and 0.54% less committed than at this time last year. In 1997-98 the program had committed 114.01% of its appropriation at this time last year. WTG commitment cannot exceed 122% per statutory requirement.

Status of Applicants
FAFSA filers for 1997-98 totaled 166,194. The number of filers through February 25, 1999 for 1998-99 is 162,955.

* 2/16/99 data has been used for this report.

 

STATUS OF 1998-99 PROGRAMS ADMINISTERED
BY THE HIGHER EDUCATIONAL AIDS BOARD
PROGRAM Dollars Spent
as of
Feb. 19, 1999		 1998-99 Total
Appropriation		 Remaining
Funds		 % of 1998-99
Dollars Spent		 % of 1997-98
Funds Spent as
of Feb. 1998
ACADEMIC EXCELLENCE SCHOLARSHIP $1,995,289 $3,016,300 $1,021,011 66.15% 59.69%
HANDICAPPED STUDENT GRANT $95,938 $138,313 $42,375 69.36% 70.40%
INDIAN STUDENT GRANT $663,906 $813,964 $150,058 81.56% 85.15%
MINORITY RETENTION GRANT
  INDEPENDENT COLLEGES		 $276,039 $346,550 $70,511 79.65% 61.22%
MINORITY RETENTION GRANT
  WTC SYSTEM		 $288,189 $346,550 $58,361 83.16% 85.47%
MINORITY TEACHER LOAN $166,682 $240,000 $73,318 69.45% 81.92%
TALENT INCENTIVE PROGRAM GRANT* $4,045,131 $4,903,676 $858,545 82.49% 82.93%
TEACHER EDUCATION LOAN $56,000 $250,000 $194,000 22.40% 0.00%
WISCONSIN HIGHER EDUCATION GRANT
  WTC SYSTEM		 $11,058,696 $11,817,775 $759,079 93.58% 89.96%
WISCONSIN HIGHER EDUCATION GRANT
  UW SYSTEM		 $16,552,027 $17,996,176 $1,444,149 91.98% 92.28%
WISCONSIN TUITION GRANT*** $17,213,001 $18,095,580** $882,579 95.12% 83.88%
* These figures reflect both State and Federal funds.
** Excludes $300,000 used in 1997-98.
*** Includes $311,708 awarded to 224 students attending Tribal Colleges.

 

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