Monthly Memo

March 2010

In This Issue

Final voucher for 0910 — Friday, May 14

Refunds are due NOW

Please be sure to get your refunds processed immediately! Please note that refund information goes to HEABmail@wisconsin.gov.

Board adopts 10-11 formulas

At its meeting on Friday, February 28 the Higher Educational Aids Board adopted the following formulas for 2010-2011:

  • WHEG – TRIBAL (no change to current formula)

    ($6,560 – EFC) x 27.44% = Award
    Maximum Award: $1,800
    Minimum Award: $250

  • WHEG – WTC

    ($9,270 – EFC) x 13% = Award
    Maximum Award: $1,205
    Minimum Award: $529


  • WHEG – UW

    ($5,960 – EFC) x 43% = Award
    Maximum Award: $2,563
    Minimum Award: $843


  • Tuition Grant

    Maximum award: $2,900
    Minimum award: $1,000
    Inflation Factors: Dependent – 340%, Independent – 740%
    UW-Madison Tuition: $8,314
    Base Maintenance: $11,800

Notification List Processing

Distributed Wednesday afternoons:

March 3, 10, 17, 24, 31

April 7, 14, 21, 28

AES List

Thursday afternoon:

March 10

April 14

Voucher Processing

Tuesdays and Fridays for files uploaded by noon.

March 2, 5, 9, 12, 16, 19, 23, 26, 30

April 2, 6, 9, 13, 16, 20, 23, 27, 30

Grants Updates — Committed and Spent

TG (W codes 06/17/09 ) Current This Time Last Year
Committed 134.09% 115.84%
Spent 91.20% 92.81%
WHEG-TRIBAL (W codes 06/03/09) Current This Time Last Year
Committed 128.40% 120.82%
Spent 87.72% 87.40%
WHEG-UW (W and Z coded 07/02/09) Current This Time Last Year
Committed 125.58% 131.57%
Spent 95.73% 99.24%
WHEG-WTC (W and Z coded 06/04/09) Current This Time Last Year
Committed 155.37% 169.83%

Spent
95.35% 99.95%

Upcoming Events

Scheduled HEAB Board Meetings: April 30, 2010 (if needed), August 6, 2010

WASFAA Spring Conference: April 21-23, 2010

Scheduled HEAB Training Dates: March 18, May 20, July 15

Please contact me by phone at (608) 264-6181 or by email at connie.hutchison@wi.gov if you have any questions, concerns or comments. Thank you!

Connie Hutchison
Executive Secretary



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