2000-2001 Annual Report
Table of Contents

Credits

Section I: Overview

 
Section II: Financial Aid Applications, Budgets, Cost of Attendance, Parent/Student Incomes, Financial Aid Packages
1
 Undergraduate Enrollment, Applications and Recipients (1996-2000)
Highlight: While the number of enrolled undergraduates has increased by 1,074 students, or 4.6% from fall 1996 to fall 2000, the number of students receiving need-based aid has declined by 1,052 students or 6.9%. A strong economy may have contributed to tis downward trend.
2
 Academic Year Budgets (2000-2001)
Highlight: About one-third of all students receiving need-based aid reside on campus. Additional on-campus housing is in the process of being built to alleviate a constant housing shortage. However, completion of dormitories is not expected until 2002.
3
 Cost of Attendance 1997-2000
Highlight: Fees are actually lower than five years ago by 9% and are not a contributing factor to the rising cost of education. Increases in all the other components of a residence hall budget account for the overall 22% upswing since 1997.
4
 Average Parent/Student Contribution (2000-2001)
Highlight: Parents who qualify for need-based financial aid contribute an average of $1,102 annually to their dependent children's education.
5
 Total Loan Volume for Undergraduates by Parent Income (2000-2001)
Highlight: Federally subsidized Stafford, and Perkins loans are the most commonly awarded to students whose parents incomes are less than $60,000 or who are dependent.

 

7

 How Undergraduates Finance Their Educational Expenses
Highlight: As parent incomes rise so does the contribution expected from parents (PC) of dependent students, and the student contribution (SC) for independent students.
8-9
 Average Parent Incomes of Dependent Undergraduates by Ethnicity (1996-2000)

All Dependent Students.

First Year Only.
Highlight: For students receiving some form of financial aid average parent incomes range from $43,774 to $74,788.
10

 

Average Undergraduate Financial Aid Package (2000-2001)
Highlight: On average 60% of a student's aid comes in the form of grant or scholarship.
Section III: Overview of 2000-2001 Student Support
12
 Total Aid Disbursed to Undergraduates and Graduates (1996-2000)
Highlight: Total Aid Disbursed increased 26% from 1996 to 2000.
13
 Major Grant Programs for Undergraduates (2000-2001)
Highlight: 49% of student aid is distributed in the form of grants and 72% of all Undergraduate Financial Aid Recipients receive some type of grant.
14
 Federal Pell Grant Recipients by Family Income(2000-2001)
Highlight: In 2000-2001, 72% of the Federal Pell Grant recipients came from families with annual incomes of less than $30,000.
15
 Work-Study Programs (2000-2001)
Highlight: Most of the funding for our Work-Study programs comes from the Federal Government, 83%.
16
 Federal Funding (2000-2001)

Highlights: Overall, 56% of all student aid was funded by the Federal Government.

17
 Glossary
19
 Financial Aid Office Organizational Chart
20
 Note to the Reader