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Board Report #01-13

Reports on Financial Aid Programs

 

Report on Financial Aid Programs for Higher Education
in the State of Wisconsin

Introduction

The mission of the Wisconsin Higher Educational Aids Board is to ensure that all students be provided equal access and diversity in obtaining a higher education and make certain the funds for each program the agency administers are distributed in a fair, equitable, and timely manner.

This report provides information on student college financial assistance available to Wisconsin residents. It was prepared under the direction of the Executive Secretary of the Wisconsin Higher Educational Aids Board in order to improve program monitoring and management through the use of performance outcome data. It also informs citizens and other interested parties about the performance of student financial aid programs in Wisconsin.

Most of the individual reports measure performance over time generally reflecting the period covering 1995 to the most recent year data is available. The various reports include information about enrollment, applicants, eligibility, recipients, funding availability, financial need, debt, and information comparing Wisconsin to neighboring States.

Conclusions based on data include:

Data for this report was taken from a variety of sources. The source for each profile is noted at the bottom of the page.

We hope you find this report useful and informative.

 

Number of Wisconsin High School Graduates
high school graduates chart
SOURCE: University of Wisconsin Board of Regents

Number of Wisconsin College Freshmen Who Applied for Financial Aid
Compared to Enrolled Wisconsin Freshmen and Their Aid Awards

freshmen chart
* All Wisconsin residents in their first year of school who applied for financial aid.
** SOURCE: the UW System, the WTC System, and the Wisconsin Assoc. of Independent Colleges & Universities.
*** Number of grant awards, not number of recipients. A student may receive more than one grant award.

This data is only collected every two years.

 

Wisconsin Student Financial Aid Awarded to Wisconsin College Students

Grant Programs 1995-1996 1996-1997 1997-1998 1998-1999 1999-2000
HANDICAPPED STUDENT GRANT $143,260 $113,219 $109,286 $108,158 $110,803
INDIAN STUDENT GRANT $778,671 $747,169 $744,336 $731,581 $755,205
MINORITY RETENTION GRANT - WTC and Indepedent Colleges $861,588 $687,023 $677,613 $693,961 $690,574
TALENT INCENTIVE PROGRAM GRANT $3,871,693 $4,739,115 $4,561,161 $4,820,664 $4,468,058
WISCONSIN HIGHER EDUCATION GRANT - Tribal Colleges $0 $0 $0 $0 $374,868
WISCONSIN HIGHER EDUCATION GRANT - UW System $12,773,808 $15,871,482 $15,751,149 $17,470,802 $16,854,076
WISCONSIN HIGHER EDUCATION GRANT - WTC System $10,821,540 $10,618,597 $11,230,344 $11,795,124 $11,354,630
WISCONSIN TUITION GRANT $15,880,086 $16,231,858 $17,462,100 $18,090,754 $17,412,235
Total Funds for Grant Programs $45,130,646 $49,008,463 $50,535,989 $53,711,044 $52,020,449
Total Number of Awards for Grant Programs 53,953 50,640 49,656 49,317 47,114
Scholarships, Loans, and Other Programs
ACADEMIC EXCELLENCE SCHOLARSHIP $3,058,496 $3,159,629 $3,169,637 $3,130,328 $2,846,799
DENTAL CAPITATION $1,167,000 $1,167,000 $1,167,000 $1,167,000 $1,167,000
MEDICAL COLLEGE OF WISCONSIN CAPITATION $4,091,900 $4,011,172 $4,105,100 $4,001,081 $4,026,309
MINNESOTA-WISCONSIN RECIPROCITY $16,928,150 $16,811,480 $19,902,922 $16,985,058 $18,446,571
MINORITY TEACHER LOAN $22,550 $109,250 $113,930 $232,852 $236,978
TEACHER EDUCATION LOAN $0 $0 $150,000 $234,000 $248,000
Total Funds for Scholarsips, Loans, & Other Programs $25,268,096 $25,258,531 $28,608,589 $25,750,319 $26,971,657
Total Number of Awards for Grant Programs 12,190 12,836 13,046 13,724 13,735
GRAND TOTAL OF FUNDS FOR ALL PROGRAMS $70,398,742 $74,266,994 $79,144,578 $79,461,363 $78,992,106

Academic Excellence Scholarship was capped in 1996-97.
Minnesota-Wisconsin Reciprocity funds are not spent, but rather are part of a liability calculation.
Minority Teacher Loan Program was funded at $50,000 in 1995-96. The UW System program was combimed with HEAB's in 1996-97.
Teacher Education Loan Program began in 1997-98.
WHEG Tribal was funded for the first time in 1999-2000.

 

Average Cost of Education and Financial Need of Wisconsin Financial Aid Recipients
average cost of education chart
Average for a Wisconsin resident, undergraduate student enrolled at least half-time in a degree or certificate program at a public or private, non-profit, post-secondary educational institution located in Wisconsin, including need-based financial assistance from Federal, State, institutional, private, and other sources.

SOURCE: HEAB's Wisconsin Student Support Information System (WISSIS).

 

Average Household Income of Wisconsin College Financial Aid Recipients
average household income chart
Average Household Income is the AGI divided by the number of grant recipients.

 

Average Student Loan Debt per Year of Wisconsin College Financial Aid Recipients
average student loan debt chart
Average for a Wisconsin resident, undergraduate student enrolled at least half-time in a degree or certificate program at a public or private, non-profit, post-secondary educational institution located in Wisconsin, including need-based and non-need-based loans from Federal, State, institutional, private, and other sources.

Need-based and non-need-based loan data was not differentiated prior to 1997-98.
SOURCE: HEAB's Wisconsin Student Support Information System (WISSIS).

 

Financial Aid Funding, Applicants, and Awards in Wisconsin Compared to Neighboring States

neighboring states comparison charts

* Data includes duplication where student may receive multiple awards.
Minnesota awards students who attend for-profit (proprietary) schools.
SOURCE: ISAC, MHESO, MHEA, NASSGAP.
NOTE: Nationally, Wisconsin ranks 14th (1998-99) in providing undergraduate need-based assistance.

 

Wisconsin Funded Financial Aid Compared to Other Sources
sources of financial aid chart
Assistance awarded to Wisconsin resident, undergraduate students enrolled at least half-time in degree or certificate programs at public or private, non-profit, post-secondary educational institutions located in Wisconsin, including grants, scholarships, and need-based loans from Federal, State, private, and other sources.

State Assistance excludes Handicapped and Indian Student Grant funds awarded to students who attended non-Wisconsin colleges.
Need-based and non-need-based data was not differentiated in some cases prior to 1997-98.
SOURCE: HEAB's Wisconsin Student Support Information system (WISSIS).

 

Wisconsin Grant Program Eligibility Profiles
Each chart reflects the maximum income or family contribution that one can have and still qualify for a grant award.

Wisconsin Higher Education Grant (WHEG) - University of Wisconsin Students
UW WHEG eligibility charts
The WHEG formula previously used a dependent and independent component in calculating awards; those components were collapsed to use a single component for the 2000-01 academic year.

Wisconsin Higher Education Grant (WHEG) - Wisconsin Technical College Students
Tech WHEG eligibility charts
The WHEG formula previously used a dependent and independent component in calculating awards; those components were collapsed to use a single component for the 2000-01 academic year.

Wisconsin Tuition Grant (WTG) - Independent Colleges and Universities
Tuition Grant eligibility charts
The WTG formula was calculated using an average of the total tuition for Independent Colleges and Universities (excluding tribal colleges, Bellin, and Bellin/UWGB); this average total tuition was inserted into the WTG formula for each academic year.

The online calculator at http://www.finaid.org/calculators/scripts/estimate.cgi was used to calculate EFC's.
Awards were calculated using final formulas approved by the Higher Educational Aids Board in a particular academic year.
Equity in family homes or farms is not considered a component of the Federal Methodology that determines EFC.

Wisconsin College Student Financial Aid Applicants, Recipients, and Funding
Reported by Legislative District

SENATE DISTRICTS
Promulgated by the U.S. District Court for the Western District of Wisconsin
June 2, 1992

Wisconsin senate districts map

1999-2000
Number of Wisconsin College Students Who Applied for State Financial Aid
Compared to the Number of Recipients Reported by Senate District Where Student Permanently Resides

applicants/recipients by senate
district chart

1999-2000
Wisconsin Student Financial Aid Awarded
Reported by Senate District Where Student Permanently Resided

awards by senate district chart

ASSEMBLY DISTRICTS
Promulgated by the U.S. District Court for the Western District of Wisconsin
June 2, 1992

Wisconsin assembly districts map

1999-2000
Number of Wisconsin College Students Who Applied for State Financial Aid
Compared to the Number of Recipients Reported by Assembly District Where Student Permanently Resides

applicants/recipients by assembly
district chart

1999-2000
Wisconsin Student Financial Aid Awarded
Reported by Assembly District Where Student Permanently Resided

awards by assembly district chart

Data Collected by zip code.
Source: HEAB's Edit-Voucher file.

 

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