H. FINANCIAL AID

Aid Awarded to Enrolled Undergraduates

H1.  Enter total dollar amounts awarded to full-time and less than full-time degree-seeking undergraduates (using the same cohort reported in CDS Question B1, "total degree-seeking" undergraduates) in the following categories.  Include aid awarded to international students (i.e., those not qualifying for federal aid). Aid that is non-need-based but that was used to meet need should be reported in the need-based aid columns. (For a suggested order of precedence in assigning categories of aid to cover need, see the entry for "non-need-based gift aid" on the last page of the definitions sections.)

Indicate academic year for which data are reported for items H1, H2, H2A, and H6 below:
Q
2001-2002 estimated     or     O 2000-2001 final

    

Need-based

Non-need-based
Scholarships/Grants          

Federal

$11,999,180 $319,555 

State

$14,092,118 $24,463,005 

Institutional (endowment, alumni, or other institutional awards) and external funds awarded by the college excluding athletic aid and tuition waivers (which are reported below)

$2,635,973 $6,438,445 

Scholarships/grants from external sources (e.g., Kiwanis, National Merit) not awarded by the college

$67,810 $516,877 

Total Scholarships/Grants

$28,795,081 $31,737,882 
Self-Help    

Student loans from all sources (excluding parent loans)

$30,958,139  $11,328,282

Federal Work-Study

$1,400,254  

State and other work-study/employment

$2,837,505 $9,559,453 

Total Self-Help

$35,195,899 $20,887,735 
Parent Loans $1,986,302 $4,270,304 
Tuition waivers $2,466,185 $2,153,658 
Athletic Awards $1,400,628 $2,556,741

 

H2Number of Enrolled Students Receiving Aid:  List the number of degree-seeking full-time and less-than-full-time undergraduates who applied for and received financial aid.  Aid that is non-need-based but that was used to meet need should be counted as need-based aid.  Numbers should reflect the cohort receiving the dollars reported in H1.  Note: In the chart below, students may be counted in more than one row, and full-time freshmen should also be counted as full-time undergraduates.

Need-based awards

First-time, Full-time Freshmen Full-time Undergrad (incl. fresh) Less than full-time undergrad
a) Number of degree-seeking undergraduate students (CDS Item B1 if reporting on Fall 2001 cohort) 5,206 24,278 3,023
b) Number of students in line a who were financial aid applicants (include applicants for all types of aid) 4,705 18,273 1,008
c) Number of students in line b who were determined to have financial need  2,289 10,700  791 
d) Number of students in line c who received any financial aid 2,258 10,306  689 
e) Number of students in line d who received any need-based gift aid  843 4,624  405 
f) Number of students in line d who received any need-based self-help aid  884 6,053  529 
g) Number of students in line d who received any non-need-based gift aid  2,184 8,891  465 
h) Number of students in line d whose need was fully met (exclude PLUS loans, unsubsidized loans, &  private alternative loans).  541 2,484  57 
i) On average, the percentage of need that was met of students who received any need-based aid. Exclude any resources that were awarded to replace EFC (PLUS loans, unsubsidized loans,  and private alternative loans). 69%
 
69%   55%  
j) The average financial aid package of those in line d. Exclude any resources that were awarded to replace EFC (PLUS loans, unsubsidized loans,  and private alternative loans.) $5,254 $6,177 $4,580
k) Average need-based gift award of those in line e  $2,456 $2,481 $1,829
l) Average need-based self-help award (excluding PLUS loans, unsubsidized loans,  and private alternative loans) of those in line f   $2,286 $3,686 $3,845
m) Average need-based loan (excluding PLUS loans, unsubsidized loans,  and private alternative loans) of those in line f who received a need-based loan  $2,224 $3,636 $3,819

 

H2A.  Number of Enrolled Students Receiving Non-need-based Grants and Scholarships:  List the number of degree-seeking full-time and less-than-full-time undergraduates who had no financial need and who received non-need-based gift aid.  Numbers should reflect the cohort receiving the dollars reported in H1.   Note: In the chart below, students may be counted in more than one row, and full-time freshmen should also be counted as full-time undergraduates.

Non-need-based awards

First-time Full-time Freshmen

Full-time Undergrad (incl. fresh.) Less than Full-time undergrad
n) Number of students in line a who had no financial need who received non-need-based gift aid (exclude those receiving athletic awards and tuition benefits) 2,496 8,274 311
o) Average dollar amount of non-need based gift aid awarded to students in line n  $3,324 $3,573  $1,401
p) Number of students in line a who received a non-need-based athletic grant or scholarship 107 444 19
q) Average dollar amount of non-need-based athletic grants and scholarships awarded to students in line p $8,278 $8,786 $2,970

 

H3.  Which needs-analysis methodology does your institution use in awarding institutional aid?

O  Federal methodology (FM)
Q
  Institutional methodology (IM)
Q
  Both FM and IM

H4.  Percent of the 2001 undergraduate class who graduated between July 1, 2000, and June 30, 2001, and borrowed through any loan programs (federal, state, subsidized, unsubsidized, private, etc.; exclude parent loans).   Include only students who borrowed while enrolled at your institution.     47.4%  

H5.  Average per-borrower cumulative undergraduate indebtedness of those in line H4; do not include money borrowed at other institutions:     $17,818   

Aid to Undergraduate Degree-seeking Nonresident Aliens  (Note: report numbers and dollar amounts for the same academic year checked in item H1.

H6.  Indicate your institution's policy regarding financial aid for undergraduate degree-seeking nonresident aliens:

Q  College-administered need-based financial aid is available
O
  College-administered non-need-based financial aid is available
Q  College-administered financial aid is not available

If college-administered financial aid is available for undergraduate degree-seeking nonresident aliens, provide the number of undergraduate degree-seeking nonresident aliens who received need-based or non-need-based aid:     582    

Average dollar amount awarded to undergraduate degree-seeking nonresident aliens:     $6,331    

Total dollar amount of financial aid from all sources awarded to all undergraduate degree-seeking nonresident aliens:    $3,684,394   

Process for First-Year/Freshman Students

H7. Check off all financial aid forms domestic first-year (freshman) financial aid applicants must submit:

O   FAFSA
Q
   Institution's own financial aid form
Q   CSS/Financial Aid PROFILE
Q   State aid form
Q   Noncustodial (Divorced/Separated) Parent's Statement
Q   Business/Farm Supplement
Q   Other:

H8.  Check off all financial aid forms nonresident alien first-year financial aid applicants must submit:

Q   Institution's own financial aid form
Q   CSS/Financial Aid PROFILE
Q   Foreign Student's Financial Aid Application
Q   Foreign Student's Certification of Finances
O   Other: Application for admission

H9. Indicate filing dates for first-year (freshman) students:

Priority date for filing required financial aid forms:     April 1    
Deadline for filing required financial aid forms:                       
No deadline for filing required forms (applications processed on a rolling basis):                      

H10.  Indicate notification dates for first-year (freshman) students:

Students notified on or about (date):                        
Students notified on a rolling basis: Yes
   
If yes, starting date:
Approximately March 1


H11. 
Indicate reply dates:

Students must reply by (date):                              or within     3     weeks of notification.

Types of Aid Available
Please check off all types of aid available to undergraduates at your institution:

H12.  Loans
FEDERAL DIRECT STUDENT LOAN PROGRAM (DIRECT LOAN)

Q   Direct Subsidized Stafford Loans
Q
   Direct Unsubsidized Stafford Loans
Q
   Direct PLUS Loans

FEDERAL FAMILY EDUCATION LOAN PROGRAM (FFEL)
O   FFEL Subsidized Stafford Loans
O
   FFEL Unsubsidized Stafford Loans
O
   FFEL PLUS Loans

O   Federal Perkins Loans
Q
  Federal Nursing Loans
Q
  State Loans
Q
  College/university loans from institutional funds
Q
  Other (specify):

H13.  Scholarships and Grants
NEED-BASED:

O   Federal Pell
O   SEOG
O
   State scholarships/grants
O
   Private scholarships
O
   College/university gift aid from institutional funds
Q
  United Negro College Fund
Q
  Federal Nursing Scholarship
Q
  Other (specify):

H14.  Check off criteria used in awarding institutional aid. Check all that apply.
   Non-need Need-based
Academics O Q
Alumni Affiliation O Q
Art O Q
Athletics O Q
Job skills Q Q
ROTC O  
Leadership O Q
Minority status Q Q
Music/drama O Q
Religious affiliation Q Q
State/district residency Q Q

Financial aid definitions

Financial aid applicant: Any applicant who submits any one of the institutionally required financial aid applications/forms, such as the FAFSA.

Indebtedness: Aggregate dollar amount borrowed through any loan programs (federal, state, subsidized, unsubsidized, private, etc.; excluding parent loans) while the student was enrolled at an institution.  Student loans co-signed by parent are assumed to be the responsibility of the student and should be included.

Institutional and external funds: Endowment, alumni, or external monies for which the institution determines the recipient and the dollar amount awarded.

Financial need: As determined by your institution using the federal methodology and/or your institution's own standards.

Need-based aid: College-funded or college-administered award from institutional, state, federal, or other sources for which a student must have financial need to qualify. This includes both institutional and noninstitutional student aid (grants, jobs, and loans).

Need-based gift aid: Scholarships and grants from institutional, state, federal, or other sources for which a student must have financial need to qualify.

Non-need-based gift aid: Scholarships and grants, gifts, or merit-based aid from institutional, state, federal, or other sources (including unrestricted funds or gifts and endowment income) awarded solely on the basis of academic achievement, merit, or any other non-need-based reason. When reporting questions H1 and H2, non-need-based aid that is used to meet need should be counted as need-based aid.

Note: Suggested order of precedence for counting non-need money as need-based:
Non-need institutional grants
Non-need tuition waivers
Non-need athletic awards
Non-need federal grants
Non-need state grants
Non-need outside grants
Non-need student loans
Non-need parent loans
Non-need work

Non-need-based self-help aid: Loans and jobs from institutional, state, or other sources for which a student need not demonstrate financial need to qualify.

Scholarships/grants from external sources: Monies received from outside (private) sources that the student brings with them (e.g., Kiwanis, National Merit scholarships). The institution may process paperwork to receive the dollars, but it has no role in determining the recipient or the dollar amount awarded.

Work study and employment: Federal and state work study aid, and any employment packaged by your institution in financial aid awards.

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