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Board Report #02-14

Exhibits A - H

Need-Based Assistance
All Sectors

 

EXHIBIT A

2000-01
ALL SECTORS
Independent Colleges & Universities, Tribal Colleges, UW System, WTC System
Need-Based Financial Assistance

 

Number of Students Receiving Financial Assistance 89,129
 
Total Cost of Education $1,027,275,660
- Expected Family Contribution (EFC) $355,559,182

= Total Need $671,716,478
 
Total Need $671,716,478
- Total Need-Based Assistance $446,197,523

= Total Unmet Need $225,518,955

 

Number
of Awards
Total
Dollars
Average
Award
% of Total
Aid Spent
Total Federal Assistance 158,480 $316,468,361 $1,997 70.93%
Total Institutional Assistance 12,876 $53,530,990 $4,157 12.00%
Total Other Assistance 3,767 $6,749,534 $1,792 1.51%
Total Private Assistance 2,662 $4,103,171 $1,541 0.92%
Total State Assistance 55,158 $65,345,467 $1,185 14.64%
Total Need-Based Assistance 232,943 $446,197,523 $1,915 100.00%

 

2000-01 All Sectors
Pecentage of Need-Based Financial Assistance

need-based aid chart

EXHIBIT B

2000-01
ALL SECTORS
Breakdown of Need-Based Financial Assistance Spent

 

Number
of Awards
Total
Dollars
Average
Award
% of Total
Aid Spent
Federal Assistance
EMPLOYMENT 11,359 $13,583,404 $1,196 3.04%
  Federal Work Study 11,359 $13,583,404 $1,196 3.04%
GRANTS 68,513 $104,057,563 $1,519 23.32%
  Bureau of Indian Affairs Grants 942 $2,957,838 $3,140 0.66%
  Pell Grants 45,966 $86,709,017 $1,886 19.43%
  Supplemental Educational Opportunity Grants 21,605 $14,390,708 $666 3.23%
LOANS 78,608 $198,827,394 $2,529 44.56%
  Perkins Loans 14,213 $24,333,622 $1,712 5.45%
  Stafford Loans 64,395 $174,493,772 $2,710 39.11%
Total Federal Assistance 158,480 $316,468,361 $1,997 70.93%
Institutional Assistance
  Employment 480 $488,235 $1,017 0.11%
  Grants 11,641 $51,119,847 $4,391 11.46%
  Loans 755 $1,922,908 $2,547 0.43%
Total Institutional Assistance 12,876 $53,530,990 $4,157 12.00%
Other Assistance
Total Other Assistance 3,767 $6,749,534 $1,792 1.51%
Private Assistance
  Private Grants or Scholarships 2,662 $4,103,171 $1,541 0.92%
Total Private Assistance 2,662 $4,103,171 $1,541 0.92%
State Assistance Administered by HEAB
  Hearing & Visually Handicapped Student Grant 47 $75,110 $1,598 0.02%
  Indian Student Assistance Grant 837 $784,857 $938 0.18%
  Minority Undergraduate Retention Grant 613 $687,596 $1,122 0.15%
  Talent Incentive Program Grant 4,146 $5,489,498 $1,324 1.23%
  Wisconsin Higher Education Grant 37,172 $35,060,586 $943 7.86%
  Wisconsin Tuition Grant 12,343 $23,247,820 $1,883 5.21%
Total State Assistance 55,158 $65,345,467 $1,185 14.64%
TOTAL NEED-BASED ASSISTANCE 232,943 $446,197,523 $1,915 100.00%

EXHIBIT C

2000-01
Average Cost of Education / Need-Based Financial Assistance Comparison

cost/aid comparison chart

EXHIBIT D

2000-01
Expected Family Contribution (EFC) Comparison

EFC comparison chart

EXHIBIT E

2000-01
Type of Need-Based Financial Assistance Comparison

assistance comparison chart

EXHIBIT F

2000-01
ALL SECTORS
10 Year History of Need-Based Financial Assistance

 

PERCENTAGES OF FINANCIAL AID SPENT
SOURCE (1) TYPE (2)
ACADEMIC
YEAR
# OF
RECIPIENTS
AVG.
COST
AVG.
CONTRIB.
AVG.
NEED
AVG.
AID
FEDERAL
AID
STATE
AID
INST.
AID
GRANT LOAN WORK
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%
1998-99 95,380 $10,208 $3,528 $6,680 $4,401 75.26% 12.85% 10.34% 46.66% 48.64% 3.86%
1999-2000 90,458 $11,027 $3,888 $7,139 $4,754 74.28% 12.09% 11.29% 47.24% 47.64% 3.57%
2000-01 89,129 $11,526 $3,989 $7,536 $5,006 70.93% 14.64% 12.00% 50.34% 44.99% 3.15%

(1) Does not include private assistance and unspecified "other" sources of aid.
(2) Does not include unspecified "other" types of aid.

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

2000-01
Dependency Status of FAFSA Applicants

FAFSA status chart

 

2000-01 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, each Tribal college, and the Wisconsin Technical College System Board.

 

Board Report #02-14

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