February 2001 Board Report February 2001 Meeting Minutes Board Reports Index
Board Report #01-13
Reports on Financial Aid Programs
Report on Financial Aid Programs for Higher Education
in the State of Wisconsin
Introduction
Report on Financial Aid Programs for Higher Education
in the State of Wisconsin
Introduction
The mission of the Wisconsin Higher Educational Aids Board is to ensure that all students be provided equal access and diversity in obtaining a higher education and make certain the funds for each program the agency administers are distributed in a fair, equitable, and timely manner.
This report provides information on student college financial assistance available to Wisconsin residents. It was prepared under the direction of the Executive Secretary of the Wisconsin Higher Educational Aids Board in order to improve program monitoring and management through the use of performance outcome data. It also informs citizens and other interested parties about the performance of student financial aid programs in Wisconsin.
Most of the individual reports measure performance over time generally reflecting the period covering 1995 to the most recent year data is available. The various reports include information about enrollment, applicants, eligibility, recipients, funding availability, financial need, debt, and information comparing Wisconsin to neighboring States.
Conclusions based on data include:
Data for this report was taken from a variety of sources. The source for each profile is noted at the bottom of the page.
We hope you find this report useful and informative.
Number of Wisconsin High School Graduates
SOURCE: University of Wisconsin Board of Regents
Number of Wisconsin College Freshmen Who Applied for Financial Aid
Compared to Enrolled Wisconsin Freshmen and Their Aid Awards
| * | All Wisconsin residents in their first year of school who applied for financial aid. |
| ** | SOURCE: the UW System, the WTC System, and the Wisconsin Assoc. of Independent Colleges & Universities. |
| *** | Number of grant awards, not number of recipients. A student may receive more than one grant award. |
This data is only collected every two years.
Wisconsin Student Financial Aid Awarded to Wisconsin College Students
| Grant Programs | 1995-1996 | 1996-1997 | 1997-1998 | 1998-1999 | 1999-2000 |
|---|---|---|---|---|---|
| HANDICAPPED STUDENT GRANT | $143,260 | $113,219 | $109,286 | $108,158 | $110,803 |
| INDIAN STUDENT GRANT | $778,671 | $747,169 | $744,336 | $731,581 | $755,205 |
| MINORITY RETENTION GRANT - WTC and Indepedent Colleges | $861,588 | $687,023 | $677,613 | $693,961 | $690,574 |
| TALENT INCENTIVE PROGRAM GRANT | $3,871,693 | $4,739,115 | $4,561,161 | $4,820,664 | $4,468,058 |
| WISCONSIN HIGHER EDUCATION GRANT - Tribal Colleges | $0 | $0 | $0 | $0 | $374,868 |
| WISCONSIN HIGHER EDUCATION GRANT - UW System | $12,773,808 | $15,871,482 | $15,751,149 | $17,470,802 | $16,854,076 |
| WISCONSIN HIGHER EDUCATION GRANT - WTC System | $10,821,540 | $10,618,597 | $11,230,344 | $11,795,124 | $11,354,630 |
| WISCONSIN TUITION GRANT | $15,880,086 | $16,231,858 | $17,462,100 | $18,090,754 | $17,412,235 |
| Total Funds for Grant Programs | $45,130,646 | $49,008,463 | $50,535,989 | $53,711,044 | $52,020,449 |
| Total Number of Awards for Grant Programs | 53,953 | 50,640 | 49,656 | 49,317 | 47,114 |
| Scholarships, Loans, and Other Programs | |||||
| ACADEMIC EXCELLENCE SCHOLARSHIP | $3,058,496 | $3,159,629 | $3,169,637 | $3,130,328 | $2,846,799 |
| DENTAL CAPITATION | $1,167,000 | $1,167,000 | $1,167,000 | $1,167,000 | $1,167,000 |
| MEDICAL COLLEGE OF WISCONSIN CAPITATION | $4,091,900 | $4,011,172 | $4,105,100 | $4,001,081 | $4,026,309 |
| MINNESOTA-WISCONSIN RECIPROCITY | $16,928,150 | $16,811,480 | $19,902,922 | $16,985,058 | $18,446,571 |
| MINORITY TEACHER LOAN | $22,550 | $109,250 | $113,930 | $232,852 | $236,978 |
| TEACHER EDUCATION LOAN | $0 | $0 | $150,000 | $234,000 | $248,000 |
| Total Funds for Scholarsips, Loans, & Other Programs | $25,268,096 | $25,258,531 | $28,608,589 | $25,750,319 | $26,971,657 |
| Total Number of Awards for Grant Programs | 12,190 | 12,836 | 13,046 | 13,724 | 13,735 |
| GRAND TOTAL OF FUNDS FOR ALL PROGRAMS | $70,398,742 | $74,266,994 | $79,144,578 | $79,461,363 | $78,992,106 |
Academic Excellence Scholarship was capped in 1996-97.
Minnesota-Wisconsin Reciprocity funds are not spent, but rather are part of a liability calculation.
Minority Teacher Loan Program was funded at $50,000 in 1995-96. The UW System program was combimed
with HEAB's in 1996-97.
Teacher Education Loan Program began in 1997-98.
WHEG Tribal was funded for the first time in 1999-2000.
Average Cost of Education and Financial Need of Wisconsin Financial Aid Recipients SOURCE: HEAB's Wisconsin Student Support Information System (WISSIS).
Average for a Wisconsin resident, undergraduate student enrolled at least half-time in a degree or
certificate program at a public or private, non-profit, post-secondary educational institution
located in Wisconsin, including need-based financial assistance from Federal, State, institutional,
private, and other sources.
Average Household Income of Wisconsin College Financial Aid Recipients
Average Household Income is the AGI divided by the number of grant recipients.
Average Student Loan Debt per Year of Wisconsin College Financial Aid Recipients Need-based and non-need-based loan data was not differentiated prior to 1997-98.
Average for a Wisconsin resident, undergraduate student enrolled at least half-time in a degree or
certificate program at a public or private, non-profit, post-secondary educational institution
located in Wisconsin, including need-based and non-need-based loans from Federal, State,
institutional, private, and other sources.
SOURCE: HEAB's Wisconsin Student Support Information System (WISSIS).
Financial Aid Funding, Applicants, and Awards in Wisconsin Compared to Neighboring States
* Data includes duplication where student may receive multiple awards.
Minnesota awards students who attend for-profit (proprietary) schools.
SOURCE: ISAC, MHESO, MHEA, NASSGAP.
NOTE: Nationally, Wisconsin ranks 14th (1998-99) in providing undergraduate need-based assistance.
Wisconsin Funded Financial Aid Compared to Other Sources State Assistance excludes Handicapped and Indian Student Grant funds awarded to students who
attended non-Wisconsin colleges.
Assistance awarded to Wisconsin resident, undergraduate students enrolled at least half-time in
degree or certificate programs at public or private, non-profit, post-secondary educational
institutions located in Wisconsin, including grants, scholarships, and need-based loans from
Federal, State, private, and other sources.
Need-based and non-need-based data was not differentiated in some cases prior to 1997-98.
SOURCE: HEAB's Wisconsin Student Support Information system (WISSIS).
Wisconsin Grant Program Eligibility Profiles
Each chart reflects the maximum income or family contribution that one can have and
still qualify for a grant award.
Wisconsin Higher Education Grant (WHEG) - University of Wisconsin Students
The WHEG formula previously used a dependent and independent component in calculating awards; those
components were collapsed to use a single component for the 2000-01 academic year.
Wisconsin Higher Education Grant (WHEG) - Wisconsin Technical College Students
The WHEG formula previously used a dependent and independent component in calculating awards; those
components were collapsed to use a single component for the 2000-01 academic year.
Wisconsin Tuition Grant (WTG) - Independent Colleges and Universities The online calculator at
http://www.finaid.org/calculators/scripts/estimate.cgi was used to calculate EFC's.
The WTG formula was calculated using an average of the total tuition for Independent Colleges and
Universities (excluding tribal colleges, Bellin, and Bellin/UWGB); this average total tuition was
inserted into the WTG formula for each academic year.
Awards were calculated using final formulas approved by the Higher Educational Aids Board in a
particular academic year.
Equity in family homes or farms is not considered a component of the Federal Methodology that
determines EFC.
Wisconsin College Student Financial Aid Applicants, Recipients, and Funding
Reported by Legislative District
SENATE DISTRICTS
Promulgated by the U.S. District Court for the Western District of Wisconsin
June 2, 1992
1999-2000
Number of Wisconsin College Students Who Applied for State Financial Aid
Compared to the Number of Recipients Reported by Senate District Where Student Permanently
Resides
1999-2000
Wisconsin Student Financial Aid Awarded
Reported by Senate District Where Student Permanently Resided
ASSEMBLY DISTRICTS
Promulgated by the U.S. District Court for the Western District of Wisconsin
June 2, 1992
1999-2000
Number of Wisconsin College Students Who Applied for State Financial Aid
Compared to the Number of Recipients Reported by Assembly District Where Student Permanently
Resides
1999-2000
Wisconsin Student Financial Aid Awarded
Reported by Assembly District Where Student Permanently Resided
Data Collected by zip code.
Source: HEAB's Edit-Voucher file.
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