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Board Report #99-8

Status of 1998-1999 Applicants and Programs

 

Wisconsin Higher Education Grant - WTC
WHEG - WTC has committed 131.87% ($15,584,348) of its appropriation with 16,952 awards. This is 1,249 fewer awards and 3.29% more committed than at this time last year. In 1997-98 the program had committed 128.58% of its appropriation at this time last year. The final commitment for 1997-98 was 173.88%

Wisconsin Higher Education Grant - UW
WHEG - UW has committed 119.29% ($21,467,979) of its appropriation with 20,486 awards. This is 810 fewer awards and 2.47% more committed than at this time last year. In 1997-98 the program had committed 116.82% of its appropriation at this time last year. The final commitment for 1997-98 was 137.61%.

Wisconsin Tuition Grant
WTG has committed 117.33% ($21,231,893) of its appropriation with 9,882 awards. This is 572 more awards and 8.35% more committed than at this time last year. In 1997-98 the program had committed 108.98% of its appropriation at this time last year. WTG commitment cannot exceed 122% per statutory requirement.

Status of FAFSA Filers
FAFSA filers for 1997-98 totaled 167,194. The number of filers through October 19, 1998 for 1998-99 is 189,276.

 

STATUS OF 1998-99 PROGRAMS ADMINISTERED
BY THE HIGHER EDUCATIONAL AIDS BOARD
PROGRAM Dollars Spent
as of
Oct. 21, 1998
1998-99 Total
Appropriation
Remaining
Funds
% of 1998-99
Dollars Spent
% of 1997-98
Funds Spent as
of Oct. 1997
ACADEMIC EXCELLENCE SCHOLARSHIP $1,216,325 $3,016,300 $1,799,975 40.33% 0.00%
HANDICAPPED STUDENT GRANT $35,189 $138,313 $103,124 25.44% 8.97%
INDIAN STUDENT GRANT $271,802 $813,964 $542,162 33.39% 17.40%
MINORITY RETENTION GRANT
  INDEPENDENT COLLEGES
$116,882 $396,104 $279,222 29.51% 5.89%
MINORITY RETENTION GRANT
  WTC SYSTEM
$86,547 $311,483 $224,936 27.79% 20.34%
MINORITY TEACHER LOAN $29,637 $240,000 $210,363 12.35% 23.96%
TALENT INCENTIVE PROGRAM GRANT* $1,745,044 $4,903,676 $3,158,632 35.59% 24.73%
TEACHER EDUCATION LOAN $34,000 $250,000 $216,000 13.60% 0.00%
WISCONSIN HIGHER EDUCATION GRANT
  WTC SYSTEM
$4,417,063 $11,817,775 $7,400,712 37.38% 26.29%
WISCONSIN HIGHER EDUCATION GRANT
  UW SYSTEM
$8,054,592 $17,996,176 $9,941,584 44.76% 38.69%
WISCONSIN TUITION GRANT*** $8,499,703 $18,095,580** $9,595,877 46.97% 24.79%
* These figures reflect both State and Federal funds.
** Excludes $300,000 used in 1997-98.
*** Includes $165,771 awarded to 199 students attending Tribal Colleges.

 

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