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NeASFAA Presentation J. Ritchie Morrow CCPE Financial Aid Coordinator Friday, April 21, 2006
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2004-05 Nebraska State Grant Year-end Summary
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April 21, 2006 NeASFAA Presentation 3 2004-05 NSG Info $8,336,693.50 awarded 12,139 students received a NSG 41.87% of eligible students Average Grant - $686.44
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April 21, 2006 NeASFAA Presentation 4 2004-05 NSG Info – cont.
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April 21, 2006 NeASFAA Presentation 5 2004-05 NSG Info – cont.
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April 21, 2006 NeASFAA Presentation 6 2004-05 NSG Info – cont.
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April 21, 2006 NeASFAA Presentation 7 2004-05 NSG Info – cont. Sector # and % of % of Pell Elig$ and % ofAverage NE Pell Eligible NSG Recipients Who Received NSG NSG Awarded NSG Award University of Nebraska (5) 7,8362,685 34.26% $2,979,570 $1,109.71 27.03%22.12%35.74% State Colleges (3) 2,130867 40.70% $623,602 $719.26 7.35%7.14%7.48% Community Colleges (6) 11,5824,848 41.86% $1,212,065 $250.01 39.95%39.94%14.54% Private Career Schools (12) 3,3041,432 43.34% $1,275,208 $890.51 11.40%11.80%15.30% Independent Colleges & Universities (17) 4,1402,307 55.72% $2,246,249 $973.67 14.28%19.00%26.94% Total 28,99212,139 41.87% $8,336,694 $686.77 100.00%
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April 21, 2006 NeASFAA Presentation 8 2004-05 NSG Info – cont. Sector # and % of Sector NSG Recipients with Income: $0 to $19,999$20,000 to $39,999$40,000+ University of Nebraska 10591018608 39.44%37.91%22.64% State Colleges 350333184 40.37%38.41%21.22% Community Colleges 28121578458 58.00%32.55%9.45% Private Career Schools 123016141 85.89%11.24%2.86% Independent Colleges & Universities 854956497 37.02%41.44%21.54% Total 630540461788 51.94%33.33%14.73%
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April 21, 2006 NeASFAA Presentation 9 2004-05 NSG Info – cont. Sector # and % of Total Headcount % of Nebraska Pell Recipients % of Total Pell Grant Dollar % of State Grant Enrollment (Fall 2004) (2004-05) Volume (2004-05) Awarded (2004-05) University of Nebraska 45,122 27.03%22.63%35.74% 36.60% State Colleges 8,806 7.35%7.13%7.48% 7.14% Community Colleges 40,233 39.95%24.39%14.54% 32.63% Private Career Schools 3,498 11.40%30.88%15.30% 2.84% Independent Colleges & Universities 25,636 14.28%14.97%26.94% 20.79%
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April 21, 2006 NeASFAA Presentation 10 Legislative Update LB962 passed –Sets maximum NSG at 50% of UNL’s tuition and mandatory fees for one more year $2,770 2006-07 maximum
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April 21, 2006 NeASFAA Presentation 11 2006-07 NSG Applications due May 5 Tentative allocations out by May 12 –Final allocations out mid- to late July General Fund $5,717,065 (down $1.2M) –LEAP/SLEAP/Lottery - ???????
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April 21, 2006 NeASFAA Presentation 12 New Grant Program For Non-Pell Eligible Students Survey – THANK YOU!!! Working to implement in 2007-08 –W–W–W–Will need your help in talking to Senators (especially with so many new)
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April 21, 2006 NeASFAA Presentation 13 Questions?
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