HEAB — Board Report — Report 99-14 Exhibits I-L

Board Report #99-14

Exhibits I - L

Need Based Assistance
Independent Colleges and Universities

EXHIBIT I

1997-98
Independent Colleges & Universities
Need Based Financial Assistance

Number
of Awards Total
Dollars Average
Award % of Total
Aid Spent

Total Federal Assistance 32,659 $71,029,434 $2,175 50.34%

Total Institutional Assistance 14,100 $43,927,603 $3,115 31.13%

Total Other Assistance 547 $1,617,332 $2,957 1.15%

Total Private Assistance 2,167 $5,245,887 $2,421 3.72%

Total State Assistance 11,438 $19,280,435 $1,686 13.66%

Total Assistance 60,911 $141,100,691 $2,317 100.00%

	Number of Awards	Total Dollars	Average Award	% of Total Aid Spent
Total Federal Assistance	32,659	$71,029,434	$2,175	50.34%
Total Institutional Assistance	14,100	$43,927,603	$3,115	31.13%
Total Other Assistance	547	$1,617,332	$2,957	1.15%
Total Private Assistance	2,167	$5,245,887	$2,421	3.72%
Total State Assistance	11,438	$19,280,435	$1,686	13.66%
Total Assistance	60,911	$141,100,691	$2,317	100.00%

Number of Students Receiving Financial Assistance 17,714

Total Cost of Education $302,987,490

- Expected Family Contribution (EFC) $91,022,644

= Total Need $211,964,846

Total Need $211,964,846

- Total Need Based Assistance $141,100,691

= Total Unmet Need $70,864,155

1997-98
Pecentage of Need Based Assistance Spent
by Independent Colleges and Universities

need-based aid chart

EXHIBIT J

1997-98
Independent Colleges and Universities
Breakdown of Need Based Assistance Spent

Number
of Awards Total
Dollars Average
Award % of Total
Aid Spent
Federal Assistance

EMPLOYMENT 3,453 $4,016,937 $1,163 3.85%

Federal Work Study 3,453 $4,016,937 $1,163 3.85%

GRANTS 11,959 $14,436,702 $1,207 10.23%

BIA Grant 300 $831,852 $2,773 0.59%

Pell Grant 6,976 $10,389,481 $1,491 7.36%

SEOG 4,692 $3,215,369 $685 2.28%

LOANS 17,247 $52,575,795 $3,048 37.26%

Perkins Loan 2,575 $4,286,517 $1,665 3.04%

Stafford Loan 14,672 $48,289,278 $3,291 34.22%

Total Federal Assistance 32,659 $71,029,434 $2,175 50.34%

Institutional Assistance

EMPLOYMENT 1,298 $1,475,568 $1,137 1.05%

Institutional Employment 1,298 $1,475,568 $1,137 1.05%

GRANTS 12,417 $41,820,123 $3,368 29.64%

Institutional Grants 12,417 $41,820,123 $3,368 29.64%

LOANS 385 $631,912 $1,641 0.45%

Institutional Loans 385 $631,912 $1,641 0.45%

Total Institutional Assistance 14,100 $43,927,603 $3,115 31.13%

Other Assistance

GRANTS 547 $1,617,332 $2,957 1.15%

Other Grants 244 $455,939 $1,869 0.32%

Vocational Rehabilitation Grants 139 $384,400 $2,7065 0.27%

Veterans Benefits 164 $776,993 $4,738 0.55%

Total Other Assistance 547 $1,617,332 $2,957 1.15%

Private Assistance

GRANTS 2,167 $5,245,887 $2,421 3.72%

Private Grants 2,167 $5,245,887 $2,421 3.72%

Total Private Assistance 2,167 $5,245,887 $2,421 3.72%

State Assistance*

GRANTS 11,420 $19,245,935 $1,685 13.64%

Handicapped Student Grant 7 $12,600 $1,800 0.01%

Indian Student Grant 273 $244,372 $895 0.17%

Minority Retention Grant 314 $375,936 $1,197 0.27%

Talent Incentive Program Grant 1,038 $1,150,927 $1,109 0.82%

Wisconsin Tuition Grant 9,788 $17,462,100 $1,784 12.38%

LOANS 18 $34,500 $1,917 0.02%

Minority Teacher Loan 18 $34,500 $1,917 0.02%

Total State Assistance 11,438 $19,280,435 $1,686 13.66%

* Figures do not include the Academic Excellence Scholarship

	Number of Awards	Total Dollars	Average Award	% of Total Aid Spent
Federal Assistance
EMPLOYMENT	3,453	$4,016,937	$1,163	3.85%
Federal Work Study	3,453	$4,016,937	$1,163	3.85%
GRANTS	11,959	$14,436,702	$1,207	10.23%
BIA Grant	300	$831,852	$2,773	0.59%
Pell Grant	6,976	$10,389,481	$1,491	7.36%
SEOG	4,692	$3,215,369	$685	2.28%
LOANS	17,247	$52,575,795	$3,048	37.26%
Perkins Loan	2,575	$4,286,517	$1,665	3.04%
Stafford Loan	14,672	$48,289,278	$3,291	34.22%
Total Federal Assistance	32,659	$71,029,434	$2,175	50.34%
Institutional Assistance
EMPLOYMENT	1,298	$1,475,568	$1,137	1.05%
Institutional Employment	1,298	$1,475,568	$1,137	1.05%
GRANTS	12,417	$41,820,123	$3,368	29.64%
Institutional Grants	12,417	$41,820,123	$3,368	29.64%
LOANS	385	$631,912	$1,641	0.45%
Institutional Loans	385	$631,912	$1,641	0.45%
Total Institutional Assistance	14,100	$43,927,603	$3,115	31.13%
Other Assistance
GRANTS	547	$1,617,332	$2,957	1.15%
Other Grants	244	$455,939	$1,869	0.32%
Vocational Rehabilitation Grants	139	$384,400	$2,7065	0.27%
Veterans Benefits	164	$776,993	$4,738	0.55%
Total Other Assistance	547	$1,617,332	$2,957	1.15%
Private Assistance
GRANTS	2,167	$5,245,887	$2,421	3.72%
Private Grants	2,167	$5,245,887	$2,421	3.72%
Total Private Assistance	2,167	$5,245,887	$2,421	3.72%
State Assistance*
GRANTS	11,420	$19,245,935	$1,685	13.64%
Handicapped Student Grant	7	$12,600	$1,800	0.01%
Indian Student Grant	273	$244,372	$895	0.17%
Minority Retention Grant	314	$375,936	$1,197	0.27%
Talent Incentive Program Grant	1,038	$1,150,927	$1,109	0.82%
Wisconsin Tuition Grant	9,788	$17,462,100	$1,784	12.38%
LOANS	18	$34,500	$1,917	0.02%
Minority Teacher Loan	18	$34,500	$1,917	0.02%
Total State Assistance	11,438	$19,280,435	$1,686	13.66%
* Figures do not include the Academic Excellence Scholarship

EXHIBIT K

10 Year History of Need Based Financial Aid
Independent Colleges and Universities

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 13,822 $10,996 $3,658 $7,338 $5,861 51.20% 17.90% 27.20% 59.70% 35.50% 4.10%

1989-90 14,506 $11,763 $4,045 $7,718 $6,057 50.50% 17.00% 28.20% 59.30% 35.20% 4.30%

1990-91 15,187 $12,415 $4,237 $8,178 $6,506 50.10% 16.60% 29.20% 58.20% 36.40% 3.90%

1991-92 16,004 $13,186 $4,565 $8,621 $7,298 51.90% 14.00% 30.70% 56.90% 38.30% 3.70%

1992-93 17,081 $13,571 $4,179 $9,392 $7,519 52.10% 12.60% 32.50% 57.10% 38.80% 3.30%

1993-94 17,603 $14,296 $3,799 $10,497 $8,617 53.80% 12.20% 34.20% 53.90% 43.20% 2.90%

1994-95 18,393 $15,595 $4,078 $11,517 $8,690 54.10% 11.50% 29.60% 50.40% 44.80% 3.10%

1995-96 18,327 $15,946 $4,788 $11,158 $8,966 56.20% 11.70% 29.00% 50.30% 45.80% 2.60%

1996-97 18,080 $16,557 $5,067 $11,490 $9,025 52.15% 11.09% 33.05% 53.12% 43.92% 2.96%

1997-1998 17,714 $17,104 $5,138 $11,966 $7,965 50.34% 13.66% 31.13% 58.37% 37.73% 3.89%

(1) Need Based Assistance Only

	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	13,822	$10,996	$3,658	$7,338	$5,861	51.20%	17.90%	27.20%	59.70%	35.50%	4.10%
1989-90	14,506	$11,763	$4,045	$7,718	$6,057	50.50%	17.00%	28.20%	59.30%	35.20%	4.30%
1990-91	15,187	$12,415	$4,237	$8,178	$6,506	50.10%	16.60%	29.20%	58.20%	36.40%	3.90%
1991-92	16,004	$13,186	$4,565	$8,621	$7,298	51.90%	14.00%	30.70%	56.90%	38.30%	3.70%
1992-93	17,081	$13,571	$4,179	$9,392	$7,519	52.10%	12.60%	32.50%	57.10%	38.80%	3.30%
1993-94	17,603	$14,296	$3,799	$10,497	$8,617	53.80%	12.20%	34.20%	53.90%	43.20%	2.90%
1994-95	18,393	$15,595	$4,078	$11,517	$8,690	54.10%	11.50%	29.60%	50.40%	44.80%	3.10%
1995-96	18,327	$15,946	$4,788	$11,158	$8,966	56.20%	11.70%	29.00%	50.30%	45.80%	2.60%
1996-97	18,080	$16,557	$5,067	$11,490	$9,025	52.15%	11.09%	33.05%	53.12%	43.92%	2.96%
1997-1998	17,714	$17,104	$5,138	$11,966	$7,965	50.34%	13.66%	31.13%	58.37%	37.73%	3.89%

PLEASE NOTE:

1993-94 was the first year Federal Methodology (FM) was instituted. Congressional methodology was used prior to FM.
1995-96 was the first year schools participated in direct lending for Stafford loans.
1997-98 difference in average aid is the result of excluding the un-subsidized Stafford, other non-need based assistance, and short term institutional loans.

EXHIBIT L

1997-98
Independent Colleges and Universities (WAICU Members Only)
Expected Family Contribution (EFC) Ranges and Dependency Status

% EFC STATUS

COLLEGE OR
UNIVERSITY ZERO $1 - $1,999 $2,000 - $2,999 $3,000 - $3,999 OVER $4,000 DEPENDENT INDEPENDENT NUMBER OF
APPLICANTS

ALVERNO COLLEGE 42.47% 39.41% 5.99% 5.10% 7.02% 26.53% 73.47% 784

BELOIT COLLEGE 6.22% 17.22% 11.96% 6.22% 58.37% 94.26% 5.74% 209

CARDINAL STRITCH UNIVERSITY 11.41% 14.20% 6.81% 5.99% 61.58% 30.79% 69.21% 1,218

CARROLL COLLEGE 7.12% 15.54% 9.17% 9.58% 58.59% 79.81% 20.19% 1,461

CARTHAGE COLLEGE 12.08% 19.67% 10.31% 9.77% 48.17% 68.93% 31.07% 737

CONCORDIA UNIVERSITY 21.27% 29.88% 9.69% 10.09% 29.07% 42.26% 57.74% 743

EDGEWOOD COLLEGE 16.98% 39.62% 13.48% 12.94% 16.98% 72.51% 27.49% 371

LAKELAND COLLEGE 11.22% 15.47% 10.35% 10.24% 52.72% 49.35% 50.65% 918

LAWRENCE UNIVERSITY 2.95% 18.14% 9.92% 7.38% 61.60% 93.46% 6.54% 474

MARIAN COLLEGE 11.12% 21.38% 9.83% 8.21% 49.46% 56.26% 43.74% 926

MARQUETTE UNIVERSITY 11.01% 16.79% 8.44% 7.49% 56.27% 80.60% 19.40% 2,216

MILWAUKEE INSTITUTE OF ART & DESIGN 18.89% 22.60% 7.12% 8.67% 42.72% 71.21% 28.79% 323

MILWAUKEE SCHOOL OF ENGINEERING 6.80% 15.13% 8.15% 7.97% 61.95% 73.05% 26.95% 1,117

MT. MARY COLLEGE 17.76% 21.88% 6.74% 8.88% 44.74% 42.27% 57.73% 608

MT. SENARIO COLLEGE 28.49% 27.21% 8.82% 5.70% 29.78% 40.26% 59.74% 544

NORTHLAND COLLEGE 18.75% 29.81% 9.13% 9.13% 33.17% 68.27% 31.73% 208

RIPON COLLEGE 7.18% 20.30% 8.66% 8.42% 55.45% 94.06% 5.94% 404

ST. NORBERT COLLEGE 6.84% 24.16% 16.57% 14.59% 37.84% 94.07% 5.93% 658

SILVER LAKE COLLEGE 17.62% 22.54% 11.14% 5.96% 42.75% 31.35% 68.65% 386

VITERBO COLLEGE 10.54% 22.82% 13.85% 8.28% 44.51% 67.86% 32.14% 1,148

WISCONSIN LUTHERAN COLLEGE 5.71% 16.33% 9.80% 8.16% 60.00% 91.02% 8.98% 245

TOTAL APPLICANTS 2,079 3,272 1,499 1,321 7,527 10,026 5,672 15,698

AVERAGE FOR SYSTEM 13.93% 22.39% 9.81% 8.51% 45.37% 65.15% 34.85% 748

	% EFC	STATUS
COLLEGE OR UNIVERSITY	ZERO	$1 - $1,999	$2,000 - $2,999	$3,000 - $3,999	OVER $4,000	DEPENDENT	INDEPENDENT	NUMBER OF APPLICANTS
ALVERNO COLLEGE	42.47%	39.41%	5.99%	5.10%	7.02%	26.53%	73.47%	784
BELOIT COLLEGE	6.22%	17.22%	11.96%	6.22%	58.37%	94.26%	5.74%	209
CARDINAL STRITCH UNIVERSITY	11.41%	14.20%	6.81%	5.99%	61.58%	30.79%	69.21%	1,218
CARROLL COLLEGE	7.12%	15.54%	9.17%	9.58%	58.59%	79.81%	20.19%	1,461
CARTHAGE COLLEGE	12.08%	19.67%	10.31%	9.77%	48.17%	68.93%	31.07%	737
CONCORDIA UNIVERSITY	21.27%	29.88%	9.69%	10.09%	29.07%	42.26%	57.74%	743
EDGEWOOD COLLEGE	16.98%	39.62%	13.48%	12.94%	16.98%	72.51%	27.49%	371
LAKELAND COLLEGE	11.22%	15.47%	10.35%	10.24%	52.72%	49.35%	50.65%	918
LAWRENCE UNIVERSITY	2.95%	18.14%	9.92%	7.38%	61.60%	93.46%	6.54%	474
MARIAN COLLEGE	11.12%	21.38%	9.83%	8.21%	49.46%	56.26%	43.74%	926
MARQUETTE UNIVERSITY	11.01%	16.79%	8.44%	7.49%	56.27%	80.60%	19.40%	2,216
MILWAUKEE INSTITUTE OF ART & DESIGN	18.89%	22.60%	7.12%	8.67%	42.72%	71.21%	28.79%	323
MILWAUKEE SCHOOL OF ENGINEERING	6.80%	15.13%	8.15%	7.97%	61.95%	73.05%	26.95%	1,117
MT. MARY COLLEGE	17.76%	21.88%	6.74%	8.88%	44.74%	42.27%	57.73%	608
MT. SENARIO COLLEGE	28.49%	27.21%	8.82%	5.70%	29.78%	40.26%	59.74%	544
NORTHLAND COLLEGE	18.75%	29.81%	9.13%	9.13%	33.17%	68.27%	31.73%	208
RIPON COLLEGE	7.18%	20.30%	8.66%	8.42%	55.45%	94.06%	5.94%	404
ST. NORBERT COLLEGE	6.84%	24.16%	16.57%	14.59%	37.84%	94.07%	5.93%	658
SILVER LAKE COLLEGE	17.62%	22.54%	11.14%	5.96%	42.75%	31.35%	68.65%	386
VITERBO COLLEGE	10.54%	22.82%	13.85%	8.28%	44.51%	67.86%	32.14%	1,148
WISCONSIN LUTHERAN COLLEGE	5.71%	16.33%	9.80%	8.16%	60.00%	91.02%	8.98%	245

TOTAL APPLICANTS	2,079	3,272	1,499	1,321	7,527	10,026	5,672	15,698

AVERAGE FOR SYSTEM	13.93%	22.39%	9.81%	8.51%	45.37%	65.15%	34.85%	748

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 Independent Colleges and Universities.

Board Report #99-14

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

© Copyright 1999 by the Higher Educational Aids Board
HEAB E-Mail: HEABmail@wisconsin.gov
State of Wisconsin E-Government Privacy Notice

Number of Students Receiving Financial Assistance	17,714

Total Cost of Education	$302,987,490
- Expected Family Contribution (EFC)	$91,022,644

= Total Need	$211,964,846

Total Need	$211,964,846
- Total Need Based Assistance	$141,100,691

= Total Unmet Need	$70,864,155

Exhibits I - L

Need Based AssistanceIndependent Colleges and Universities

Need Based Assistance
Independent Colleges and Universities