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. 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 columns. (For a suggested order of precedence in assigning categories of aid to cover need, see the definitions section.)
Indicate academic year for which data are reported: Q 98-99 actual Q 98-99 estimated O 97-98 actual
Institutional (endowment, alumni, or other institutional awards) and external funds awarded by the college excluding athletic aid and tuition waivers (which are reported below)
Scholarships/grants from external sources (e.g., Kiwanis, NMSQT) not awarded by the college
Student loans from all sources
State and other work-study/employment
Number of Enrolled Students Receiving Aid
H2. List the number of degree-seeking full-time and less-than-full-time undergraduates who applied for and received financial aid. 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 1998 cohort)||4,436||20,222||3,086|
|b) Number of students in line a who were financial aid applicants (include applicants for all types of aid)||3,320||11,198||1,146|
|c) Number of students in line b who were determined to have financial need||1,883||7,875||943|
|d) Number of students in line c who received any financial aid||1,702||7,422||775|
|e) Number of students in line d who received any need-based gift aid||1,033||4,668||434|
|f) Number of students in line d who received any need-based self-help aid||1,095||5,730||628|
|g) Number of students in line d who received any non-need-based gift aid||813||3,015||178|
|h) Number of students in line d whose need was fully met (exclude PLUS loans and private alternative loans).||780||4,061||395|
|i) On average, the percentage of need that was met of students who received any need-based aid. Exclude any resources that were awarded to replace EFC (PLUS loans and private alternative loans).||70%-75% Estimate||70%-75% Estimate||70%-75% Estimate|
|j) The average financial aid package of those in line d. Exclude any resources that were awarded to replace EFC (PLUS loans and private alternative loans.)||$5,112||$6,690||$5,686|
|k) Average need-based gift award of those in line d who received a need-based gift award||$2,531||$2,250||$1,475|
|l) Average need-based self-help award (excluding PLUS loans and private alternative loans) of those in line d who received need-based self-help||$2,391||$3,556||$3,544|
|m) Average need-based loan (excluding PLUS loans and private alternative loans) of those in line d who received a need-based loan||$2,295||$3,501||$3,557|
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 who received non-need-based aid (exclude those receiving athletic awards and tuition benefits)||$1,442||6,721||409|
|o) Average award to students in line (n)||$3,902||$4,181||$2,316|
|p) Number of students in line a who received a non-need-based athletic award||77||402||13|
|q) Average non-need-based athletic award to those in line (p)||$6,827||$7,453||$2,219|
H3. Which needs-analysis methodology does your institution use in awarding institutional aid?
Federal methodology (FM)
Q Institutional methodology (IM)
Q Both FM and IM
H4. Percent of 1998 graduating undergraduate class who have borrowed through any loan programs (federal, state, subsidized, unsubsidized, private etc.; exclude parent loans). Include only students who borrowed while enrolled at your institution. 47.7%
H5. Average per-borrower cumulative undergraduate indebtedness of those in line H4; do not include money borrowed at other institutions: $17,490
Aid to Undergraduate International Students
H6. Indicate your institution's policy regarding financial aid for undergraduate international (nonresident alien) students:
College-administered need-based financial aid is available for undergraduate international students
O College-administered non-need-based financial aid is available for undergraduate international students
Q College-administered financial aid is not available for undergraduate international students
If college-administered financial aid is available for undergraduate international students, provide the number of undergraduate international students who received need- or non-need-based aid: 547
Average dollar amount awarded to undergraduate international students: $4,528
Total dollar amount of financial aid from all sources awarded to all undergraduate international students: $2,476,965
Process for First-Year/Freshman Students
H7. Check off all financial aid forms domestic first-year (freshman) financial aid applicants must submit:
Q Institution's own financial aid form
Q CSS/Financial Aid PROFILE
Q State aid form
Q Noncustodial (Divorced/Separated) Parent's Statement
Q Business/Farm Supplement
H8. Check off all financial aid forms international (nonresident alien) first-year financial aid applicants must submit:
Institution's own financial aid form
Q CSS/Financial Aid PROFILE
Q Foreign Student's Financial Aid Application
Q Foreign Student's Certification of Finances
O Other: Admission application for scholarship consideration
H9. Indicate filing dates for first-year (freshman) students:
Priority date for filing required financial aid
forms: April 1
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:
Students notified on or about (date):
Students notified on a rolling basis: Yes
If yes, starting date: Approximately March 1
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:
FEDERAL DIRECT STUDENT LOAN PROGRAM (DIRECT LOAN)
Q Direct Subsidized Stafford Loans
Q Direct Unsubsidized Stafford Loans
Q Direct PLUS Loans
FEDERAL FAMILY EDUCATION LOAN PROGRAM
O FFEL Subsidized Stafford Loans
O FFEL Unsubsidized Stafford Loans
O FFEL PLUS Loans
O Federal Perkins Loans
Q Federal Nursing Loans
Q State Loans
Q College/university loans from institutional funds
Q Other (specify):
H13. Scholarships and Grants
O Federal Pell
O State scholarships/grants
O Private scholarships
O College/university gift aid from institutional funds
Q United Negro College Fund
Q Federal Nursing Scholarship
Q Other (specify):
H14. Check off criteria used in awarding institutional aid. Check all that apply.
Financial aid definitions
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 by the student.
Institutional and external funds: Endowment, alumni, or external monies for which the institution determines the recipient and 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 gift aid: Scholarships and grants from institutional, state, federal, or other sources for which a student must have financial need to qualify.
Non-need-based gift 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
Scholarships/grants from external sources: Monies received from outside (private) sources that the student brings with them (e.g., Kiwanis, NMSQT scholarships). The institution may process paperwork to receive the dollars, but it has no role in determining the recipient or the dollar amount awarded.
Self-help aid: Need-based loans and jobs up to the level of institutionally determined need.
Work study and employment: Federal and state work study aid, and any employment packaged by your institution in financial aid awards.©