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Board Report #99-14

Exhibits M - P

Need Based Assistance
University of Wisconsin System

 

EXHIBIT M

1997-98
University of Wisconsin System
Need Based Financial Assistance

 

Number
of Awards
Total
Dollars
Average
Award
% of Total
Aid Spent
Total Federal Assistance 90,874 $178,819,979 $1,968 84.58%
Total Institutional Assistance 5,879 $7,108,313 $1,209 3.36%
Total Other Assistance 7 $15,230 $2,176 0.01%
Total Private Assistance 3,746 $4,794,101 $1,280 2.27%
Total State Assistance 23,122 $20,682,003 $894 9.78%
Total Assistance 123,628 $211,419,626 $1,710 100.00%

 

Number of Students Receiving Financial Assistance 45,273
 
Total Cost of Education $399,639,936
- Expected Family Contribution (EFC) $125,051,337

= Total Need $274,588,599
 
Total Need $274,588,599
- Total Need Based Assistance $211,419,626

= Total Unmet Need $63,168,973

 

1997-98
Pecentage of Need Based Assistance Spent
by the University of Wisconsin System

need-based aid chart

EXHIBIT N

1997-98
University of Wisconsin System
Breakdown of Need Based Assistance Spent

 

Number
of Awards
Total
Dollars
Average
Award
% of Total
Aid Spent
Federal Assistance
EMPLOYMENT 7,321 $8,513,596 $1,177 4.03%
  Federal Work Study 7,321 $8,513,596 $1,177 4.03%
GRANTS 36,118 $44,682,183 $1,237 21.13%
  BIA Grant 310 $888,923 $2,867 0.42%
  Pell Grant 22,394 $35,036,681 $1,565 16.57%
  SEOG 13,392 $8,735,974 $652 4.13%
  Other Grants 22 $20,605 $937 0.01%
LOANS 47,525 $125,624,200 $2,643 59.42%
  Perkins Loan 11,120 $16,573,120 $1,490 7.84%
  Stafford Loan 36,138 $108,341,686 $2,998 51.24%
  Health Professional Pharmacy Loan 40 $141,584 $3,540 0.07%
  Federal Nursing Loan 227 $567,810 $2,501 0.27%
Total Federal Assistance 90,874 $178,819,979 $1,968 84.58%
Institutional Assistance
EMPLOYMENT 3,101 $3,305,664 $1,066 1.56%
  Institutional Employment 3,101 $3,305,664 $1,066 1.56%
GRANTS 2,617 $3,638,932 $1,390 1.72%
  Institutional Grants 2,617 $3,638,932 $1,390 1.72%
LOANS 161 $163,717 $1,017 0.08%
  Institutional Loans 161 $163,717 $1,017 0.08%
Total Institutional Assistance 5,879 $7,108,313 $1,209 3.36%
Other Assistance
GRANTS 7 $15,230 $2,176 0.01%
  Other Grants (e.g. AOG, PHEAA) 7 $15,230 $2,176 0.01%
Total Other Assistance 7 $15,230 $2,167 0.01%
Private Assistance
GRANTS 3,746 $4,794,101 $1,280 2.27%
  Private Grants 3,746 $4,794,101 $1,280 2.27%
Total Private Assistance 3,746 $4,794,101 $1,280 2.27%
State Assistance*
GRANTS 23,076 $20,602,573 $893 9.74%
  Handicapped Student Grant 26 $38,748 $1,490 0.02%
  Indian Student Grant 289 $274,718 $951 0.13%
  Talent Incentive Program Grant 2,245 $2,362,929 $1,053 1.12%
  Wisconsin Higher Education Grant 18,836 $15,751,149 $836 7.45%
  Lawton Minority Grant 1,551 $2,038,258 $1,314 0.96%
  Other Grants 129 $136,771 $1,060 0.06%
LOANS 46 $79,430 $1,727 0.04%
  Minority Teacher Loan 46 $79,430 $1,727 0.04%
Total State Assistance 23,122 $20,682,003 $894 9.78%
* Figures do not include the Academic Excellence Scholarship

EXHIBIT O

10 Year History of Need Based Financial Aid
University of Wisconsin System

 

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 43,250 $6,139 $2,178 $3,961 $3,287 81.40% 11.20% 3.40% 52.70% 39.10% 5.90%
1989-90 44,266 $6,216 $2,246 $3,970 $3,353 80.90% 10.80% 3.50% 51.20% 40.60% 6.00%
1990-91 43,781 $6,546 $2,354 $4,192 $3,503 79.90% 11.70% 3.00% 48.20% 42.80% 5.70%
1991-92 45,533 $6,869 $2,473 $4,396 $3,679 80.10% 11.10% 3.20% 48.20% 42.90% 5.50%
1992-93 49,254 $7,220 $3,060 $4,160 $3,613 79.80% 10.00% 4.10% 46.20% 44.40% 5.90%
1993-94 51,650 $7,460 $2,574 $4,884 $3,980 85.00% 9.30% 3.70% 39.60% 55.20% 5.10%
1994-95 52,841 $7,787 $3,113 $4,674 $3,904 80.00% 9.50% 3.50% 35.50% 55.50% 4.60%
1995-96 45,355 $8,214 $2,369 $5,846 $4,876 85.70% 8.00% 2.60% 29.90% 63.80% 4.30%
1996-97 44,900 $8,430 $2,596 $5,835 $4,589 84.63% 9.05% 2.84% 34.06% 60.98% 2.34%
1997-1998 45,273 $8,827 $2,762 $6,065 $4,670 84.58% 9.78% 3.36% 34.88% 59.53% 5.59%
(1) Need Based Assistance Only

PLEASE NOTE:

EXHIBIT P

1997-98
University of Wisconsin System
Expected Family Contribution (EFC) Ranges and Dependency Status

 

% EFC STATUS
UNIVERSITY ZERO $1 - $1,999 $2,000 - $2,999 $3,000 - $3,999 OVER $4,000 DEPENDENT INDEPENDENT NUMBER OF
APPLICANTS
UW CENTERS 18.41% 23.09% 10.63% 9.83% 38.03% 63.10% 36.90% 3,997
UW EAU CLAIRE 10.55% 24.15% 9.33% 8.30% 47.68% 79.65% 20.35% 5,424
UW GREEN BAY 12.97% 19.85% 9.61% 10.18% 47.39% 67.03% 32.97% 3,300
UW LA CROSSE 9.43% 21.92% 10.08% 8.59% 49.98% 81.42% 18.58% 4,484
UW MADISON 8.92% 18.07% 8.25% 6.89% 57.88% 82.76% 17.24% 10,964
UW MILWAUKEE 17.34% 18.26% 9.92% 8.81% 45.68% 61.49% 38.51% 10,243
UW OSHKOSH 10.84% 20.64% 10.35% 8.64% 49.53% 75.80% 24.20% 5,314
UW PARKSIDE 19.75% 21.53% 8.87% 7.80% 42.04% 60.01% 39.99% 2,243
UW PLATTEVILLE 10.26% 25.53% 10.46% 9.59% 44.17% 79.69% 20.31% 2,993
UW RIVER FALLS 11.22% 28.89% 10.46% 8.74% 40.69% 78.13% 21.87% 2,094
UW STEVENS POINT 11.54% 22.92% 10.98% 8.90% 45.67% 76.27% 23.73% 6,048
UW STOUT 16.37% 23.37% 8.74% 9.14% 42.38% 71.38% 28.62% 3,568
UW SUPERIOR 22.63% 27.84% 9.09% 8.14% 32.29% 54.83% 45.17% 1,056
UW WHITEWATER 10.12% 18.41% 9.52% 8.94% 53.00% 80.32% 19.68% 5,502
 
TOTAL APPLICANTS 8,552 14,198 6,497 5,767 32,216 49,630 17,600 67,230
 
AVERAGE FOR SYSTEM 13.60% 22.46% 9.73% 8.75% 45.46% 72.28% 27.72% 4,802

 

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

Data provided by the University of Wisconsin System Administration.

 

Board Report #99-14

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