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Financial Aid

H. Financial Aid

Please refer to the following financial aid definitions when completing Section H.

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

Need-based self-help aid: Loans and jobs from institutional, state, federal, or other sources for which a student must demonstrate financial need to qualify.

Non-need-based scholarship or grant 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.

Aid Awarded to Enrolled Undergraduates

H1. Enter total dollar amounts awarded to enrolled 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. (Note: If the data being reported are final figures for the 2002-2003 academic year (see the next item below), use the 2002-2003 academic year's CDS Question B1 cohort.) 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 column. (For a suggested order of precedence in assigning categories of aid to cover need, see the entry for "non-need-based scholarship or grant aid" on the last page of the definitions section.)

Indicate the academic year for which data are reported for items H1, H2, H2A, and H6 below:

2003-2004 estimated

    Which needs-analysis methodology does your institution use in awarding institutional aid? (Formerly H3)

√ Federal methodology (FM)

___ Institutional methodology (IM)

___ Both FM and IM

  Need-based (Include non-need-based aid use to meet need.) Non-need-based (Exclude non-need-based aid use to meet need.)
  $ $
Scholarships/Grants
 Federal $ 9,680,741  
 State (i.e., all states, not only the state in which your institution is located) $17,338,574  
 Institutional (endowment, alumni,  or other institutional awards) and external funds awarded by the college excluding athletic aid and tuition waivers (which are reported below) $16,690,767  
Scholarships/grants from external sources (e.g., Kiwanis, National Merit) not awarded by the college $2,962,371  
  Total Scholarships/Grants $46,672,453  
Self-Help
Student loans from all sources (excluding parent loans) $32,442861  
Federal Work-Study $715,623  
State and other (e.g., institutional) work-study/employment (Note: Excludes Federal Work-Study captured above.) Not Available  
Total Self-Help $33,158,484  
Parent Loans $7,472,937  
Tuition Waivers
Note: Reporting is optional. Report tuition waivers in this row if you choose to report them. Do not report tuition waivers elsewhere.
$434,193  
Athletic Awards $4,674,970  

H2.  Number of Enrolled Students Receiving Aid:  List the number of degree-seeking full-time and less-than-full-time undergraduates who applied for and were awarded financial aid from any source. 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.

  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 2003 cohort) 3,666 16,234 1,517
b) Number of students in line a who applied for need-based financial aid 2,179 8,535 593
c) Number of students in line b who were determined to have financial need 1,401 6,244 500
d) Number of students in line c who were awarded any financial aid 1,392 6,145 443
e) Number of students in line d who were awarded any need-based scholarship or grant aid 965 4662 303
f) Number of students in line d who were awarded any need-based self-help aid 746 4,132 322
g) Number of students in line d who were awarded any non-need-based scholarship or grant aid      
h) Number of students in line d whose need was fully met (exclude PLUS loans, unsubsidized loans, and private alternative loans) 491 2,145 100
i) On average, the percentage of need that was met of students who were awarded any need-based aid. Exclude any aid that was awarded in excess of need as well as any resources that were awarded to replace EFC (PLUS loans, unsubsidized loans, and private alternative loans) 81 % 79 % 66%
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) $7,262 $7,421 $5,403
Average need-based scholarship or grant award of those in line e $5,446 $4,533 $2,590
l) Average need-based self-help award (excluding PLUS loans, unsubsidized loans, and private alternative loans) of those in line f $2,624 $3,153 $3,858
m) Average need-based loan (excluding PLUS loans, unsubsidized loans, and private alternative loans) of those in line f who were awarded a need-based loan $2,556 $3,632 $3,808

H2A. Number of Enrolled Students Awarded Non-need-based Scholarships and Grants:  List the number of degree-seeking full-time and less-than-full-time undergraduates who had no financial need and who were awarded institutional-not external-non-need-based scholarship or grant 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.

  FEDERAL DIRECT STUDENT LOAN PROGRAM (DIRECT LOAN)
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct PLUS Loans
   
  FEDERAL FAMILY EDUCATION LOAN PROGRAM (FFEL)
  FFEL Subsidized Stafford Loans
  FFEL Unsubsidized Stafford Loans
  FFEL PLUS Loans
   
Federal Perkins Loans
  Federal Nursing Loans
  State Loans
College/university loans from institutional funds
  Other (specify):  __________________

H3.       Incorporated into H1 above.

H4.  Provide the percentage of the 2003 undergraduate class who graduated between July 1, 2002 and June 30, 2003 and borrowed at any time through any loan programs (federal, state, subsidized, unsubsidized, private, etc.; exclude parent loans). Include only students who borrowed while enrolled at your institution.  57.1%

H5.  Report the average per-borrower cumulative undergraduate indebtedness of those in line H4.  Do not include money borrowed at other institutions:  16,584

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 institutional scholarship and grant aid for undergraduate degree-seeking nonresident aliens:

 

Institutional need-based scholarship or grant aid is available

Institutional non-need-based scholarship or grant aid is available

 

Institutional scholarship and grant aid is not available

If institutional financial aid is available for undergraduate degree-seeking nonresident aliens, provide the number of undergraduate degree-seeking nonresident aliens who were awarded need-based or non-need-based aid: 102

Average dollar amount of institutional financial aid awarded to undergraduate degree-seeking nonresident aliens:  $ 7,845

Total dollar amount of institutional financial aid awarded to undergraduate degree-seeking nonresident aliens:  $ 800,193

Process for First-Year/Freshman Students

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

FAFSA

 

Institution's own financial aid form

 

CSS/Financial Aid PROFILE

 

State aid form

 

Noncustodial (Divorced/Separated) Parent's Statement

 

Business/Farm Supplement

 

Other: ___________

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

 

Institution's own financial aid form

 

CSS/Financial Aid PROFILE

 

Foreign Student's Financial Aid Application

 

Foreign Student's Certification of Finances

Other: ____________

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

Priority date for filing required financial aid forms:  February 15

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 (answer a or b):

a.)  Students notified on or about (date): April 1

b.)  Students notified on a rolling basis: yes/no     If yes, starting date: ____

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)
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct PLUS Loans
 
  FEDERAL FAMILY EDUCATION LOAN PROGRAM (FFEL)
  FFEL Subsidized Stafford Loans
  FFEL Unsubsidized Stafford Loans
  FFEL PLUS Loans
 
Federal Perkins Loans
  Federal Nursing Loans
  State Loans
College/university loans from institutional funds
  Other (specify):  __________________

H13. Scholarships and Grants

  Need-based:
Federal Pell
SEOG
State scholarships/grants
Private scholarships
College/university scholarship or grant aid from institutional funds
  United Negro College Fund
  Federal Nursing Scholarship
Other (specify):  ________________

H14. Check off criteria used in awarding institutional aid. Check all that apply.

Non-need Need-based   Non-need Need-based  
Academics   Leadership
Alumni affiliation Minority status
  Art   Music/drama
  Athletics     Religious affiliation
    Job skills State/district residency
  ROTC