HEAB navigation bar HEAB Main Page Contacting HEAB Financial Aid Application Info Links Questions Aid Administrators Site Map
Board Report #00-9

Exhibits A - H

Need-Based Assistance
All Sectors

 

EXHIBIT A

1998-99
ALL SECTORS
Independent Colleges & Universities, UW System, WI Technical College System
Need-Based Financial Aid

 

Number of Students Receiving Financial Assistance 95,380
 
Total Cost of Education $973,677,826
- Expected Family Contribution (EFC) $336,513,362

= Total Need $637,164,464
 
Total Need $637,164,464
- Total Need-Based Assistance $419,764,053

= Total Unmet Need $217,400,411

 

Number
of Awards
Total
Dollars
Average
Award
% of Total
Aid Spent
Total Federal Assistance 170,609 $315,907,824 $1,852 75.26%
Total Institutional Assistance 12,658 $43,399,008 $3,429 10.34%
Total Other Assistance 1,182 $3,521,649 $2,979 0.84%
Total Private Assistance 2,501 $3,005,096 $1,202 0.72%
Total State Assistance 49,434 $53,930,476 $1,091 12.85%
Total Need-Based Assistance 236,384 $419,764,053 $1,776 100.00%

 

1998-99 All Sectors
Pecentage of Need-Based Financial Assistance

need-based aid chart

PLEASE NOTE: The definition of Need-Based and NonNeed-Based Assistance has been revised for 1998-99 WISSIS data.

EXHIBIT B

1998-99
ALL SECTORS
Breakdown of Need-Based Financial Assistance Spent

 

Number
of Awards
Total
Dollars
Average
Award
% of Total
Aid Spent
Federal Assistance
EMPLOYMENT 13,024 $14,751,774 $1,133 3.51%
  Federal Work Study 13,024 $14,751,774 $1,133 3.51%
GRANTS 73,335 $98,049,983 $1,337 23.36%
  BIA Grants 931 $2,668,210 $2,866 0.64%
  Pell Grants 48,323 $79,955,901 $1,655 19.05%
  SEOG 24,101 $15,425,872 $640 3.67%
LOANS 84,230 $203,106,067 $2,411 48.39%
  Perkins Loans 14,683 $22,558,251 $1,536 5.37%
  Stafford Loans 69,547 $180,547,816 $2,596 43.01%
Total Federal Assistance 170,609 $315,907,824 $1,852 75.26%
Institutional Assistance (1)(2)
  Employment 742 $1,435,761 $1,935 0.34%
  Grants 11,428 $41,118,280 $3,598 9.80%
  Loans 488 $844,967 $1,731 0.20%
Total Institutional Assistance 12,658 $43,399,008 $3,429 10.34%
Other Assistance
Total Other Assistance 1,182 $3,521,008 $2,979 0.84%
Private Assistance (1)
Total Private Assistance 2,501 $3,005,096 $1,202 0.72%
State Assistance (3)
GRANTS 49,307 $53,697,624 $1,089 12.79%
  Hearing & Visually Handicapped Student Grant 66 $99,158 $1,502 0.02%
  Indian Student Assistance Grant 862 $727,181 $844 0.17%
  Minority Undergraduate Retention Grant 625 $693,961 $1,110 0.17%
  Talent Incentive Program Grant 4,408 $4,820,644 $1,094 1.15%
  Wisconsin Higher Education Grant 33,940 $29,265,926 $862 6.97%
  Wisconsin Tuition Grant 9,406 $18,090,754 $1,923 4.31%
LOANS 127 $232,852 $1,833 0.06%
  Minority Teacher Loan 127 $232,852 $1,833 0.06%
Total State Assistance 49,434 $53,930,476 $1,091 12.85%
TOTAL NEED-BASED ASSISTANCE 236,384 $419,764,053 $1,776 100.00%

(1) UW System defines these catagories as NonNeed-Based because factors other than financial need also contribute.
(2) WTC System has excuded institutional employment, which is NonNeed-Based, and short term (less than one year) institutional loans.
(3) The UW System Lawton Grant, which is state-funded, is included under "Other Assistance."

PLEASE NOTE: The definition of Need-Based and NonNeed-Based Assistance has been revised for 1998-99 WISSIS data.

EXHIBIT C

1998-99
Average Cost of Education / Need-Based Financial Assistance Comparison

 

cost/aid comparison chart

EXHIBIT D

1998-99
Expected Family Contribution (EFC) Comparison

 

EFC comparison chart

EXHIBIT E

1998-99
Type of Need-Based Financial Assistance Comparison

 

assistance comparison chart

EXHIBIT F

1998-99
ALL SECTORS
10 Year History of Need-Based Financial Assistance

 

PERCENTAGES OF FINANCIAL AID SPENT
SOURCE TYPE
ACADEMIC
YEAR
# OF
RECIPIENTS
AVG.
COST
AVG.
CONTRIB.
AVG.
NEED
AVG.
AID
FEDERAL
AID
STATE
AID
INST.
AID
GRANT LOAN WORK
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%
1997-98 92,603 $10,147 $3,208 $6,939 $4,656 71.78% 12.26% 12.30% 46.03% 48.80% 4.87%
1998-1999 95,380 $10,208 $3,528 $6,680 $4,401 75.26% 12.85% 10.34% 46.66% 48.64% 3.86%

PLEASE NOTE:

EXHIBIT G

10 Year History
Percentage of Need-Based Financial Assistance by the State of Wisconsin
Compared to All Other Sources of Assistance

 

state assistance comparison chart

EXHIBIT H

1998-99
Dependency Status of FAFSA Applicants

 

FAFSA status chart

 

1998-99 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 #00-9

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

© Copyright 2000 by the Higher Educational Aids Board
HEAB E-Mail: HEABmail@wisconsin.gov
State of Wisconsin E-Government Privacy Notice
http://heab.wisconsin.gov/009exhAH.html