SVSU Common Data Set 2006-2007

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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. (Note: If the data being reported are final figures for the 2005-2006 academic year (see the next item below), use the 2005-2006 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 academic year for which data are reported for items H1, H2, H2A, and H6 below:

 2006-2007 estimated  or  RTEmagicC_dc2884f094   2005-2006 final

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

RTEmagicC_dc2884f094   Federal methodology (FM)
  Institutional methodology (IM)
  Both FM and IM

  Need-based (Include non-need-based aid used to meet need.) Non-need-based (Exclude non-need-based aid used to meet need.)
 
$
$
Scholarships/Grants    
Federal
5,496,558
471,676
State (i.e., all states, not only the state in which your institution is located)
784,141
2,630,592
Institutional (endowment, alumni, or other institutional awards) and external funds awarded by the college excluding athletic aid and tuition waivers (which are reported below)
447,628
5,033,533
Scholarships/grants from external sources (e.g., Kiwanis, National Merit) not awarded by the college
0
1,287,466
  Total Scholarships/Grants
6,728,327
9,423,267
Self-Help
 
 
Student loans from all sources (excluding parent Loans)
11,373,795
14,611,126
Federal Work-Study
324,372
 
State and other (e.g., institutional) work-study/employment (Note: Excludes Federal Work Study captured above.)
137,283
0
   Total Self-Help
11,835,450
14,611,126
Parent Loans
0
1,853,639
Tuition Waivers
Note: Reporting is optional.  Report tuition waivers in this row if you choose to report them.  Do not report tuition waivers elsewhere.
0
296,053
Athletic awards
0
1,022,479

 

H2. Number of Enrolled Students Awarded Aid: List the number of degree-seeking full-time and less-than-full-time undergraduates who applied for and received 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 awarded 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 2006 cohort)
1,234
6,002
1,713
b) Number of students in line a who applied for need-based financial aid
1,205
5,447
1,148
c) Number of students in line b who were determined to have financial need
727
3,460
691
d) Number of students in line c who were awarded any financial aid
709
3,367
603
e) Number of students in line d who were awarded any need-based scholarship or grant aid
503
2,135
369
f) Number of students in line d who were awarded any need-based self-help aid
508
2,790
503
g) Number of students in line d who were awarded any non-need-based scholarship or grant aid
536
1,446
69
h) Number of students in line d whose need was fully met (exclude PLUS loans, unsubsidized loans, and private alternative loans)
159
568
71
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 replace EFC (PLUS loans and private alternative loans)
 66.1%
 63.1%
 55.4%
j) The average financial aid package of those in lined. Exclude any resources that were awarded to replace EFC (excluding PLUS loans, unsubsidized loans, and private alternative loans).)
$6,287.49
$6,175.26
$4,507.46
k) Average need-based gift award of those in line e
$2,880.77
$2,829.40
$1,856.63
l) Average need-based self-help award (excluding PLUS loans, unsubsidized loans, and private alternative loans) of those in line f
$2,329.35
$3,574.87
$3,691.98
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
$2,217.47
$3,477.86
$3,687.26

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 awarded 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 and who were awarded institutional non-need-based scholarship or grant aid (exclude those who were awarded athletic awards and tuition benefits)
245
836
142
o) Average dollar amount of institutional non-need-based scholarship and grant aid awarded to students in line n
$2,333.33
$2,596.83
$1,945
p) Number of students in line a who were awarded an institutional non-need-based athletic scholarship or grant
81
266
4
q) Average dollar amount of institutional non-need-based athletic scholarships and grants awarded to students in line p
$2,826.41
$3,766.32
$3,435

H3.   Incorporated into H1 above.
H4.  Provide the percentage of the 2006 undergraduate class who graduated between July 1, 2005 and June 30, 2006 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.  48.7%

H5.  Report the average per-borrower cumulative undergraduate indebtedness of those in line H4. Do not include money borrowed at other institutions:  $17,964.39

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
RTEmagicC_dc2884f094   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:  94

Average dollar amount of institutional financial aid awarded to undergraduate degree-seeking nonresident aliens:  $6,033.05

Total dollar amount of institutional financial aid awarded to undergraduate degree-seeking nonresident aliens:  $567,106.22

 

H7. 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
  International Student's Financial Aid Application
RTEmagicC_dc2884f094   International Student's Certification of Finances
  Other:

 

Process for First-Year/Freshman Students

H8. Check off all financial aid forms domestic first-year (freshman) financial aid applicants must submit:

RTEmagicC_dc2884f094   FAFSA
  Institution's own financial aid form
  CSS/Financial Aid PROFILE
  State Aid Form
  Non-custodial (Divorced/Separated) Parent's Statement
  Business/Farm Supplement
  Other:

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

Priority date for filing required financial aid forms: 2/14
Deadline for filing required financial aid forms:
No deadline for filing required forms (applications processed on a rolling basis): X

H10. Indicate notification dates for first-year (freshman) students (answer a or b):

Students notified on or about (date):
Students notified on a rolling basis: yes/no  If yes, starting date: Late March

H11. Indicate reply dates:

Students must reply by (date):   or within 10 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)

RTEmagicC_dc2884f094  Direct Subsidized Stafford Loans
RTEmagicC_dc2884f094  Direct Unsubsidized Stafford Loans
RTEmagicC_dc2884f094  Direct PLUS Loans

FEDERAL FAMILY EDUCATION LOAN PROGRAM (FFEL)

 FFEL Subsidized Stafford Loans
 FFEL Unsubsidized Stafford Loans
 FFEL PLUS Loans

OTHER LOANS

 Federal Perkins Loans
 Federal Nursing Loans
RTEmagicC_dc2884f094  State Loans
 College/University loans from institutional funds
RTEmagicC_dc2884f094  Other (specify):  CitiAssist Loans; Signature Student Loans

H13. Scholarships and Grants

NEED-BASED:

RTEmagicC_dc2884f094  Federal Pell
RTEmagicC_dc2884f094  SEOG
RTEmagicC_dc2884f094  State Scholarships/Grants
RTEmagicC_dc2884f094  Private Scholarships
RTEmagicC_dc2884f094  College/University gift aid from institutional funds
 United Negro College Fund
 Federal Nursing Scholarships
RTEmagicC_dc2884f094  Other (specify): 

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

Non-need
Need-based
 
Non-need
Need-based
 
RTEmagicC_dc2884f094
RTEmagicC_dc2884f094
Academics
RTEmagicC_dc2884f094
RTEmagicC_dc2884f094
Leadership
Alumni affiliation
RTEmagicC_dc2884f094
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Minority status
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Art
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Music/drama
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Athletics
Religious affiliation
Job skills
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State/district residency
  ROTC      
 
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