HEAB — Board Report — Report 99-16

February 1999 Board Meeting Agenda February 1999 Meeting Minutes Board Reports Index

Board Report #99-16

Wisconsin Higher Education Grant and Wisconsin Tuition Grant
Program Formulas

WISCONSIN HIGHER EDUCATION GRANT

Introduction

I have included below the 1998-99 WHEG formulas for both the University of Wsiconsin System and the Wisconsin Technical College System to be used as a reference. The general structure of the WHEG formula is outlined in the State Statutes. The components within may be adjusted to incorporate changes in the cost of education, the Federal Methodology which determines the Expected Family Contribution, the number of applicants which relates to the number of students who enroll, and the available funding.

If the Dependent Student Equity Level is increased, the amount awarded to each dependent student would increase and the number of students eligible would increase. The number of recipients, however, would decrease if additional funding would not be available to support the increase in eligibility.

If the Independent Student Award Percentage is increased, the amount awarded to each independent student would increase and the number of students eligible would increase. The number of recipients, however, would decrease if additional funding would not be available to support the increase in eligibility.

1998-1999
WISCONSIN HIGHER EDUCATION GRANT
UNIVERSITY OF WISCONSIN SYSTEM

Equity Level $1,510

Independent Student Average Percentage 13.68%

Independent Student Budget $9,134

Dependent Student Model

Equity Level $1,510

- Parent's EFC 0

- Student's EFC 0

WHEG Award $1,510

Independent Student Model

Student Budget $9,134

- Student's EFC 0

Equity Ceiling $9,134

x Independnt Student Award Percentage 13.68%

WHEG Award $1,250

1998-1999
WISCONSIN HIGHER EDUCATION GRANT
WISCONSIN TECHNICAL COLLEGE SYSTEM

Equity Level $1,300

Independent Student Average Percentage 11.50%

Independent Student Budget $9,134

Dependent Student Model

Equity Level $1,300

- Parent's EFC 0

- Student's EFC 0

WHEG Award $1,300

Independent Student Model

Student Budget $9,134

- Student's EFC 0

Equity Ceiling $9,134

x Independnt Student Award Percentage 11.50%

WHEG Award $1,050

Formula Elements Known at This Time

Applicants: The number of 1999-2000 UW System applicants will most likely be relatively the same as 1998-99 or will increase slightly. Enrollment within the WTC System schools may slightly increase.

Federal Methodology (which determines the Expected Family Contribution): There will not be any substantial changes in the formulas for 1999-2000.

Appropriation: The appropriations for both the UW System WHEG and the WTC System WHEG are unknown at this time. 1999-2000 is the first year of the biennial period. The State Biennial Budget should be known by the start of the new fiscal year, which is July 1, 1999. It is expected, at this time, that the programs will not experience an increase for the first year of the biennial period. If this is the case, funding for 1999-2000 will be as follows:

UW System	$17,244,800
WTC System	$11,749,600

Tuition Increase: The UW System tuition is estimated to increase between three and a half and five and a half percent in 1999-2000. The WTC System tuition is estimated to increase between five and seven percent in 1999-2000.

Points to Consider in Setting the WHEG Formula

Past policy has been to increase the maximum WHEG award (which has not reached its $1,800 maximum) by the pecentage increase in tuition charged. This policy was implemented when an increase in the appropriation occurred.

Since 1999-2000 is the first year of the biennium, unspent funds cannot be carried over from 1998-99.

Most recent data indicates that both the UW System WHEG and the WTC System WHEG 1998-99 formulas could have allowed for just slightly more spending. It is quite possible that some 1998-99 funds will be available for summer school enrollment.

The 1999-2000 WHEG Formulas

With the preceding information in mind, I put forth the following:

Assuming the 1999-2000 WHEG Program funding will remain the same along with other "formula elements" as they were in 1998-99 and assuming some funds will remain in 1998-99 to fund summer school enrollment; the following options exist:

1998-99 formulas could be adjusted for both dependent and independent students to spend slightly more than last year.
1998-99 formulas could be adjusted for dependent students only to spend slightly more than last year.
1998-99 formulas could be adjusted for independent students only to spend slightly more than last year.
1998-99 formulas could be used without any adjustments which would most likely result in unspent funds that could be carried forward to 2000-01.

Most recent past practice has been to adjust just the independent student formulas to allow for more spending if funds were available. The objective behind this action was to bring the maximum awards of both the dependent and independent students closer together.

The UW System Administration and the WTC System Board will each forward their recommendations for the 1999-2000 WHEG Formulas prior to the February 26th meeting. The Executive Secretary will make her recommendations for the 1999-2000 WHEG Formulas at the February Board Meeting.

1999-2000
UW WHEG SIMULATIONS

1
2/2/99 2
1/19/99 3
1/19/99 4
2/24/99

WHEG ALLOCATION $17,224,800 $17,224,800 $18,258,288 $18,258,288

DEPENDENTS

APPLICANTS 49,530 49,355 49,355 49,355

% OF APPLICANTS 75.15% 75.25% 75.25% 75.25%

AWARDS 8,067 8,021 8,021 13,571

% OF AWARDS 36.38% 36.49% 36.44% 54.89%

% ELIGIBLE 16.29% 16.25% 16.25% 27.50%

AVERAGE $'s $1,081 $1,081 $1,081 $990

$'s COMMITTED $8,723,195 $8,673,373 $8,673,373 $13,437,854

37.53% 37.27% 35.03% 49.74%

INDEPENDENTS

APPLICANTS 16,376 16,231 16,231 16,231

% OF APPLICANTS 24.85% 24.74% 24.75% 24.75%

AWARDS 14,105 13,963 13,993 11,153

% OF AWARDS 63.62% 63.51% 63.56% 45.11%

% ELIGIBLE 86.13% 86.03% 86.21% 68.71%

AVERAGE $'s $1,029 $1,045 $1,150 $1,218

$'s COMMITTED $14,519,369 $14,597,635 $16,089,294 $13,580,854

62.47% 62.73% 64.97% 50.26%

TOTALS

APPLICANTS 65,906 65,586 65,586 65,586

AWARDS 22,172 21,984 22,014 24,724

% ELIGIBLE 33.64% 33.52% 33.57% 37.70%

AVERAGE $'s $1,048 $1,059 $1,125 $1,093

$'s COMMITTED $23,242,564 $23,271,008 $24,762,667 $27,018,707

100.00% 100.00% 100.00% 100.00%

OVERAWARD 134.94% 135.10% 135.62% 147.98%

Equity Level $1510 $1510 $1510 ONE
FORMULA

Award Percentage 13.68% 13.90% 15.32% 50.00%

Independent Student Budget $9134 $9134 $9134 $3000

Maximum Independent Award $1250 $1270 $1399 $1500

First school FAFSA filers.

	1 2/2/99	2 1/19/99	3 1/19/99	4 2/24/99
WHEG ALLOCATION	$17,224,800	$17,224,800	$18,258,288	$18,258,288
DEPENDENTS
APPLICANTS	49,530	49,355	49,355	49,355
% OF APPLICANTS	75.15%	75.25%	75.25%	75.25%
AWARDS	8,067	8,021	8,021	13,571
% OF AWARDS	36.38%	36.49%	36.44%	54.89%
% ELIGIBLE	16.29%	16.25%	16.25%	27.50%
AVERAGE $'s	$1,081	$1,081	$1,081	$990
$'s COMMITTED	$8,723,195	$8,673,373	$8,673,373	$13,437,854
	37.53%	37.27%	35.03%	49.74%
INDEPENDENTS
APPLICANTS	16,376	16,231	16,231	16,231
% OF APPLICANTS	24.85%	24.74%	24.75%	24.75%
AWARDS	14,105	13,963	13,993	11,153
% OF AWARDS	63.62%	63.51%	63.56%	45.11%
% ELIGIBLE	86.13%	86.03%	86.21%	68.71%
AVERAGE $'s	$1,029	$1,045	$1,150	$1,218
$'s COMMITTED	$14,519,369	$14,597,635	$16,089,294	$13,580,854
	62.47%	62.73%	64.97%	50.26%
TOTALS
APPLICANTS	65,906	65,586	65,586	65,586
AWARDS	22,172	21,984	22,014	24,724
% ELIGIBLE	33.64%	33.52%	33.57%	37.70%
AVERAGE $'s	$1,048	$1,059	$1,125	$1,093
$'s COMMITTED	$23,242,564	$23,271,008	$24,762,667	$27,018,707
	100.00%	100.00%	100.00%	100.00%
OVERAWARD	134.94%	135.10%	135.62%	147.98%
Equity Level	$1510	$1510	$1510	ONE FORMULA
Award Percentage	13.68%	13.90%	15.32%	50.00%
Independent Student Budget	$9134	$9134	$9134	$3000
Maximum Independent Award	$1250	$1270	$1399	$1500

1. 1998-99 current data.

2. 1999-2000 assuming zero increase in funds.

3. 1999-2000 assuming a 6% increase in funds.

4. 1999-2000 assuming a 6% increase in funds and using one formula. ($3,000 student budget and $1,500 maximum award)

1.	1998-99 current data.
2.	1999-2000 assuming zero increase in funds.
3.	1999-2000 assuming a 6% increase in funds.
4.	1999-2000 assuming a 6% increase in funds and using one formula. ($3,000 student budget and $1,500 maximum award)

1999-2000
WISCONSIN TECHNICAL COLLEGE WHEG SIMULATIONS

1
2/2/99 2
1/31/99 3
11/12/98 4
2/19/99

WHEG ALLOCATION $11,817,775 $12,454,576 $12,454,576 $12,454,576

DEPENDENTS

APPLICANTS 12,725 12,723 13,201 12,723

% OF APPLICANTS 38.82% 38.93% 37.84% 38.93%

AWARDS 2,839 2,825 8,348 2,825

% OF AWARDS 14.00% 14.02% 31.20% 10.51%

% ELIGIBLE 22.31% 22.20% 63.24% 22.20%

AVERAGE $'s $1,058 $1,057 $721 $4,007

$'s COMMITTED $3,002,519 $2,986,693 $6,015,595 $11,318,976

16.06% 15.18% 27.59% 29.28%

INDEPENDENTS

APPLICANTS 20,051 19,961 21,686 19,961

% OF APPLICANTS 61.18% 61.07% 62.16% 61.07%

AWARDS 17,439 17,326 18,411 17,326

% OF AWARDS 86.00% 85.98% 68.80% 64.44%

% ELIGIBLE 86.97% 86.80% 84.90% 86.80%

AVERAGE $'s $900 $963 $857 $1,578

$'s COMMITTED $15,697,016 $16,691,101 $15,785,191 $27,340,643

83.94% 84.82% 72.41% 70.72%

TOTALS

APPLICANTS 32,776 32,684 34,887 32,684

AWARDS 20,278 20,151 26,759 26,889

% ELIGIBLE 61.87% 61.65% 76.70% 82.27%

AVERAGE $'s $922 $977 $815 $1,438

$'s COMMITTED $18,699,535 $19,677,794 $21,800,786 $38,659,619

100.00% 100.00% 100.00% 100.00%

OVERAWARD 158.23% 158.00% 175.04% 310.40%

Equity Level $1300 $1300 ONE FORMULA

Award Percentage 11.50% 12.32% 14.29% 20.00%

Independent Student Budget $9134 $9134 $7000 $9000

Maximum Independent Award $1050 $1125 $1000 $1800

First school FAFSA filers.

	1 2/2/99	2 1/31/99	3 11/12/98	4 2/19/99
WHEG ALLOCATION	$11,817,775	$12,454,576	$12,454,576	$12,454,576
DEPENDENTS
APPLICANTS	12,725	12,723	13,201	12,723
% OF APPLICANTS	38.82%	38.93%	37.84%	38.93%
AWARDS	2,839	2,825	8,348	2,825
% OF AWARDS	14.00%	14.02%	31.20%	10.51%
% ELIGIBLE	22.31%	22.20%	63.24%	22.20%
AVERAGE $'s	$1,058	$1,057	$721	$4,007
$'s COMMITTED	$3,002,519	$2,986,693	$6,015,595	$11,318,976
	16.06%	15.18%	27.59%	29.28%
INDEPENDENTS
APPLICANTS	20,051	19,961	21,686	19,961
% OF APPLICANTS	61.18%	61.07%	62.16%	61.07%
AWARDS	17,439	17,326	18,411	17,326
% OF AWARDS	86.00%	85.98%	68.80%	64.44%
% ELIGIBLE	86.97%	86.80%	84.90%	86.80%
AVERAGE $'s	$900	$963	$857	$1,578
$'s COMMITTED	$15,697,016	$16,691,101	$15,785,191	$27,340,643
	83.94%	84.82%	72.41%	70.72%
TOTALS
APPLICANTS	32,776	32,684	34,887	32,684
AWARDS	20,278	20,151	26,759	26,889
% ELIGIBLE	61.87%	61.65%	76.70%	82.27%
AVERAGE $'s	$922	$977	$815	$1,438
$'s COMMITTED	$18,699,535	$19,677,794	$21,800,786	$38,659,619
	100.00%	100.00%	100.00%	100.00%
OVERAWARD	158.23%	158.00%	175.04%	310.40%
Equity Level	$1300	$1300	ONE FORMULA
Award Percentage	11.50%	12.32%	14.29%	20.00%
Independent Student Budget	$9134	$9134	$7000	$9000
Maximum Independent Award	$1050	$1125	$1000	$1800

1. 1998-99 current data.

2. 1999-2000 assuming a 6% increase in WTC WHEG.

3. Assuming a 6% increase in funds and using one formula. ($7,000 budget with $1,000 maximum award)

4. Assuming a 6% increase in funds and using one formula. ($9,000 budget with $1,800 maximum award)

1.	1998-99 current data.
2.	1999-2000 assuming a 6% increase in WTC WHEG.
3.	Assuming a 6% increase in funds and using one formula. ($7,000 budget with $1,000 maximum award)
4.	Assuming a 6% increase in funds and using one formula. ($9,000 budget with $1,800 maximum award)

WISCONSIN TUITION GRANT

Introduction

I have included the 1998-99 WTG formula to be used as a reference. The structure of the WTG formula is outlined in State Statutes. The components within may be adjusted to incorporate changes in the cost of education, the Federeal Methodology which determines the Expected Family Contribution, the number of applicants which relates to the number of students who enroll, and the available funding.

If the Inflation Factor (found in Step Four) is increased, the amount awarded each student would decrease as would the number of students showing eligibility.

If the tuition charged increases at a higher percentage than the UW Madison tuition, the amount awarded each student would increase as would the number of students showing eligibility. The number of recipients, however, would decrease if additional funding would not be available to support the increase in eligibility.

If the Base Maintenance increases at a higher percentage than the Net Tuition, the amount awarded each student would increase as would the number of students showing eligibility. The number of recipients, however, would decrease if additional funding would not be available to support the increase in eligibility.

1998-1999
WISCONSIN TUITION GRANT FORMULA

STEP
ONE DEPENDENT INDEPENDENT
W/O CHILDREN INDEPENDENT
W/ CHILDREN

TUITION (insert actual tuition charged) $5,292 $5,292 $5,292

- UW MADISON TUITION $2,892 $2,892 $2,892

NET TUITION $2,400 $2,400 $2,400

STEP
TWO

TUITION (insert actual tuition charged) $5,292 $5,292 $5,292

+ BASE MAINTENANCE $6,245 $6,245 $10,444

TOTAL COST $11,537 $11,537 $15,736

STEP
THREE

NET TUITION $2,400 $2,400 $2,400

DIVIDED BY TOTAL COST $11,537 $11,537 $15,736

FAMILY CONTRIBUTION PERCENTAGE 20.80% 20.80% 15.25%

STEP
FOUR

FAMILY CONTRIBUTION (insert actual EFC) $1 $1 $1

x INFLATION FACTOR 270% 725% 875%

ADJUSTED FAMILY CONTRIBUTION $270 $275 $875

STEP
FIVE

ADJUSTED FAMILY CONTRIBUTION $270 $275 $875

x FAMILY CONTRIBUTION PERCENTAGE 20.80% 20.80% 15.25%

TUITION OFFSET $56 $151 $134

STEP
SIX

NET TUITION $2,400 $2,400 $2,400

- TUITION OFFSET $56 $151 $134

Grant Amount $2,344 $2,249 $2,266

UP TO A MAXIMUM GRANT OF $2,172 $2,300 $2,300 $2,300

STEP ONE		DEPENDENT	INDEPENDENT W/O CHILDREN	INDEPENDENT W/ CHILDREN
	TUITION (insert actual tuition charged)	$5,292	$5,292	$5,292
	- UW MADISON TUITION	$2,892	$2,892	$2,892

	NET TUITION	$2,400	$2,400	$2,400
STEP TWO
	TUITION (insert actual tuition charged)	$5,292	$5,292	$5,292
	+ BASE MAINTENANCE	$6,245	$6,245	$10,444

	TOTAL COST	$11,537	$11,537	$15,736
STEP THREE
	NET TUITION	$2,400	$2,400	$2,400
	DIVIDED BY TOTAL COST	$11,537	$11,537	$15,736

	FAMILY CONTRIBUTION PERCENTAGE	20.80%	20.80%	15.25%
STEP FOUR
	FAMILY CONTRIBUTION (insert actual EFC)	$1	$1	$1
	x INFLATION FACTOR	270%	725%	875%

	ADJUSTED FAMILY CONTRIBUTION	$270	$275	$875
STEP FIVE
	ADJUSTED FAMILY CONTRIBUTION	$270	$275	$875
	x FAMILY CONTRIBUTION PERCENTAGE	20.80%	20.80%	15.25%

	TUITION OFFSET	$56	$151	$134
STEP SIX
	NET TUITION	$2,400	$2,400	$2,400
	- TUITION OFFSET	$56	$151	$134

	Grant Amount	$2,344	$2,249	$2,266

	UP TO A MAXIMUM GRANT OF $2,172	$2,300	$2,300	$2,300

Formula Elements Known at This Time

Applicants: The number of 1999-2000 applicants will most likely be somewhat similar to 1998-99 or will increase slightly.

Federal Methodology (which determines the Expected Family Contribution): There will not be any substantial changes in the formulas for 1999-2000.

Appropriation: The appropriation for the WTG is unknown at this time. 1999-2000 is the first year of the biennial period. The State Biennial Budget should be known by the start of the new fiscal year, which is July 1, 1999. It is expected, at this time, that the programs will not experience an increase for the first year of the biennial period. If this is the case, funding for 1999-2000 will be as follows:

WTG Program $18,375,900

Tuition Increase: The tuition at the Independent Colleges and Universities will increase by approximately 5%. The tuition at UW Madison is estimated to increase between three and a half and five and a half percent in 1999-2000.

Points to Consider in Setting the WTG Formula

Past practice has been to increase the Base Maintenance at the rate of inflation, which has been between three and four percent.

The UW Madison tuition reflected in the formula is not the actual tuition rate for 1998-99. The 1998-99 rate is $3,405. Steps are necessary to begin bringing the rate used in the formula closer to the actual tuition rate charged.

Since 1999-2000 is the first year of the biennium, unspent funds cannot be carried over from 1998-99.

Most recent data indicates that the 1998-99 formulas could have allowed for just slightly less spending. It is possible that a portion of 1998-99 awards will need to be returned.

It is unknown at this time whether or not students attending Tribal Colleges will be included or excluded from participating in the 1999-2000 WTG Program.

A statutory requirement exists that limits the WTG Program over commitment to 122%.

The 1999-2000 WTG Formula

With the preceding information in mind, I put forth the following:

Assuming the 1999-2000 WTG Program funding will remain the same and assuming the program will be overspent in 1998-99; the following options exist:

1998-99 formulas could be adjusted for both dependent and independent students to spend slightly less than last year.
1998-99 formulas could be adjusted for dependent students only to spend slightly less than last year.
1998-99 formulas could be adjusted for independent students only to spend slightly less than last year.
1998-99 formulas could be used without any adjustments which would most likely result in overspending again. Funds would need to be carried back from 2000-01 to cover any overspending.

Most recent past practice has been to make adjustments evenly across each population of students unless additional funds became available. If additional funds were available, special consideration was given to increasing eligibility for the independent with children student.

The Wisconsin Association of Independent Colleges and Universities and the Tribal Colleges will forward their recommendations for the 1999-2000 WTG Formula prior to the February 26th meeting. The Executive Secretary will make her recommendations for the 1999-2000 WTG Formulas at the February Board Meeting.

1999-2000
WISCONSIN TUITION GRANT SIMULATIONS

1
1/19/99 2
2/24/99 3
1/31/98

WTG ALLOCATION $18,095,580 $18,375,900 $19,778,454

DEPENDENTS

APPLICANTS 10,298 10,298 10,298

% OF APPLICANTS 64.91% 64.91% 64.91%

AWARDS 6,652 6,889 6,761

% OF AWARDS 68.42% 67.20% 53.43%

% ELIGIBLE 64.60% 66.90% 65.65%

AVERAGE $'s $2,154 $2,169 $2,300

$'s COMMITTED $14,328,828 $14,945,346 $19,224,806

68.85% 67.24% 69.61%

SINGLE/MARRIED, NO DEPENDENTS

APPLICANTS 2,400 2,400 2,400

% OF APPLICANTS 15.13% 15.13% 15.13%

AWARDS 947 1,023 1,361

% OF AWARDS 9.74% 9.98% 10.76%

% ELIGIBLE 39.46% 42.63% 56.71%

AVERAGE $'s $2,057 $2,100 $2,070

$'s COMMITTED $1,947,923 $2,148,181 $2,817,778

9.36% 9.67% 10.20%

INDEPENDENT WITH DEPENDENTS

APPLICANTS 3,168 3,168 3,168

% OF APPLICANTS 19.97% 19.97% 19.97%

AWARDS 2,123 2,340 4,532

% OF AWARDS 21.84% 22.82% 35.81%

% ELIGIBLE 67.01% 73.86% 143.06%

AVERAGE $'s $2,136 $2,193 $1,230

$'s COMMITTED $4,534,622 $5,132,691 $5,576,032

21.79% 23.09% 20.19%

TOTALS

APPLICANTS 15,866 15,866 15,866

AWARDS 9,722 10,252 12,654

% ELIGIBLE 61.28% 64.62% 79.76%

AVERAGE $'s $2,141 $2,168 $2,183

$'s COMMITTED $20,811,373 $22,226,218 $27,618,616

100.00% 100.00% 100.00%

OVERAWARD 115.01% 121.00% (a)
112.40% (b) 139.60%

PEOPLE 15,866 15,866 15,866

AWARDS 9,722 10,252 12,654

Tuition Grant Factors

UW Tuition $2,892 $3,405 $3,405

Inflation Factors

Dependent Student 270% 270% 135%

Single/Married Independent 725% 725% 362%

Independent with Dependents 875% 875% 437%

Base Maintenance

Dependent/Single $6,245 $6,495 $6,432

Independent with Dependents $10,444 $10,862 $10,757

MAXIMUM AWARD $2,300 $2,300 $2,300

FAFSA Data - school one only.

	1 1/19/99	2 2/24/99	3 1/31/98
WTG ALLOCATION	$18,095,580	$18,375,900	$19,778,454
DEPENDENTS
APPLICANTS	10,298	10,298	10,298
% OF APPLICANTS	64.91%	64.91%	64.91%
AWARDS	6,652	6,889	6,761
% OF AWARDS	68.42%	67.20%	53.43%
% ELIGIBLE	64.60%	66.90%	65.65%
AVERAGE $'s	$2,154	$2,169	$2,300
$'s COMMITTED	$14,328,828	$14,945,346	$19,224,806
	68.85%	67.24%	69.61%
SINGLE/MARRIED, NO DEPENDENTS
APPLICANTS	2,400	2,400	2,400
% OF APPLICANTS	15.13%	15.13%	15.13%
AWARDS	947	1,023	1,361
% OF AWARDS	9.74%	9.98%	10.76%
% ELIGIBLE	39.46%	42.63%	56.71%
AVERAGE $'s	$2,057	$2,100	$2,070
$'s COMMITTED	$1,947,923	$2,148,181	$2,817,778
	9.36%	9.67%	10.20%
INDEPENDENT WITH DEPENDENTS
APPLICANTS	3,168	3,168	3,168
% OF APPLICANTS	19.97%	19.97%	19.97%
AWARDS	2,123	2,340	4,532
% OF AWARDS	21.84%	22.82%	35.81%
% ELIGIBLE	67.01%	73.86%	143.06%
AVERAGE $'s	$2,136	$2,193	$1,230
$'s COMMITTED	$4,534,622	$5,132,691	$5,576,032
	21.79%	23.09%	20.19%
TOTALS
APPLICANTS	15,866	15,866	15,866
AWARDS	9,722	10,252	12,654
% ELIGIBLE	61.28%	64.62%	79.76%
AVERAGE $'s	$2,141	$2,168	$2,183
$'s COMMITTED	$20,811,373	$22,226,218	$27,618,616
	100.00%	100.00%	100.00%
OVERAWARD	115.01%	121.00% (a) 112.40% (b)	139.60%
PEOPLE	15,866	15,866	15,866
AWARDS	9,722	10,252	12,654
Tuition Grant Factors
UW Tuition	$2,892	$3,405	$3,405
Inflation Factors
Dependent Student	270%	270%	135%
Single/Married Independent	725%	725%	362%
Independent with Dependents	875%	875%	437%
Base Maintenance
Dependent/Single	$6,245	$6,495	$6,432
Independent with Dependents	$10,444	$10,862	$10,757
MAXIMUM AWARD	$2,300	$2,300	$2,300

1. 1998-99 current data. (overaward equals 113.25% if carry back is included in allocation figure)

2(a). 1999-2000 assuming zero increase in funding; an increase of the UW tuition to 1998-99 level; and increasing Maintenance by 4%.

2(b). 1999-2000 assuming a 6% increase in funding (plus $300,000); an increase of the UW tuition to 1998-99 level; and increasing Maintenance by 4%.

3. 1999-2000 assuming a 6% increase in funding (plus $300,000); an increase of the UW tuition to 1998-99 level; a 3% increasing in Maintenance; and a 50% cut in the Inflation Factors.

1.	1998-99 current data. (overaward equals 113.25% if carry back is included in allocation figure)
2(a).	1999-2000 assuming zero increase in funding; an increase of the UW tuition to 1998-99 level; and increasing Maintenance by 4%.
2(b).	1999-2000 assuming a 6% increase in funding (plus $300,000); an increase of the UW tuition to 1998-99 level; and increasing Maintenance by 4%.
3.	1999-2000 assuming a 6% increase in funding (plus $300,000); an increase of the UW tuition to 1998-99 level; a 3% increasing in Maintenance; and a 50% cut in the Inflation Factors.

February 1999 Board Meeting Agenda February 1999 Meeting Minutes Board Reports Index

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Equity Level	$1,510
Independent Student Average Percentage	13.68%
Independent Student Budget	$9,134

Equity Level	$1,300
Independent Student Average Percentage	11.50%
Independent Student Budget	$9,134

Board Report #99-16

Wisconsin Higher Education Grant and Wisconsin Tuition GrantProgram Formulas

Wisconsin Higher Education Grant and Wisconsin Tuition Grant
Program Formulas