2002 Financial Aid Definitions

2002 Financial Aid Definitions | Willamette University

Financial Aid

Aid Awarded to Enrolled Undergraduates
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 2001-2002 academic year (see the next item below), use the 2001-2002 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 columns. (For a suggested order of precedence in assigning categories of aid to cover need, see the entry for “non-need-based gift aid” on the last page of the definitions section.)
 2002-2003 estimated2001-2002 final
Indicate the academic year for which data are reported for items H1, H2, H2A, and H6 below:X 
 
 
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$1,774,525 $0
State$543,474 $0
Institutional (endowment, alumni, or other institutional awards) and external funds awarded by the college excluding athletic aid and tuition waivers (which are reported below)$13,910,405 $5,186,966
Scholarships/grants from external sources (e.g., Kiwanis, National Merit) not awarded by the college$1,112,823 $390,560
Total Scholarships/Grants$17,341,227$5,577,526
Self-Help
Student loans from all sources (excluding parent loans)$6,194,868$0
Federal work-study$1,296,702 
State and other work-study/employment$0$0
Total Self-Help$7,491,570$0
Other
Parent Loans$127,604$1,114,527
Tuition Waivers$373,486$750,373
Athletic Awards$0$0
 
Number of Enrolled Students Receiving Aid: 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
Undergraduate
(Incl. Fresh.)
Less Than
Full-time
Undergraduate
a)Number of degree-seeking undergraduate students (CDS Item B1 if reporting on Fall 2002 cohort)353161015
b)Number of students in line a who were financial aid applicants (include applicants for all types of aid)28111928
c)Number of students in line b who were determined to have financial need22610548
d)Number of students in line c who received any financial aid22610517
e)Number of students in line d who received any need-based gift aid22510497
f)Number of students in line d who received any need-based self-help aid1929386
g)Number of students in line d who received any non-need-based gift aid591771
h)Number of students in line d whose need was fully met (exclude PLUS loans, unsubsidized loans, and private alternative loans)1174681
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, unsubsidized loans, and private alternative loans)93.0%93.0%67.0%
j)The average financial aid package of those in line d. Exclude any resources that were awarded to replace EFC (PLUS loans, unsubsidized loans, and private alternative loans)$ 20,198 $ 21,886 $ 7,101
k)Average need-based gift award of those in line e$ 16,135 $ 16,823 $ 4,875
l)Average need-based self-help award (excluding PLUS loans, unsubsidized loans, and private alternative loans) of those in line f$ 4,063 $ 5,064 $ 2,226
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$ 2,860 $ 3,836 $ 1,358
 
Number of Enrolled Students Receiving Non-need-based Grants and Scholarships: List the number of degree-seeking full-time and less-than-full-time undergraduates who had no financial need and who received non-need-based gift 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
n)Number of students in line a who had no financial need and who received non-need-based gift aid (exclude those receiving athletic awards and tuition benefits)1164883
o)Average dollar amount of non-need-based gift aid awarded to students in line n$ 10,384 $ 10,866 $ 6,146
p)Number of students in line a who received a non-need-based athletic grant or scholarship000
q)Average dollar amount of non-need-based athletic grants and scholarships awarded to students in line p$ 0 $ 0 $ 0
 
Which needs-analysis methodology does your institution use in awarding institutional aid?
Federal methodology (FM)
X
Institutional methodology (IM) 
Both FM and IM 
 
Percent of the 2002 undergraduate class who graduated between July 1, 2001 and June 30, 2002 and borrowed through any loan programs (federal, state, subsidized, unsubsidized, private, etc.; exclude parent loans). Include only students who borrowed while enrolled at your institution.67%
 
Average per-borrower cumulative undergraduate indebtedness of those in line H4. Do not include money borrowed at other institutions: $17,660
 
Aid to Undergraduate Degree-seeking Nonresident Aliens (Note: Report numbers and dollar amounts for the same academic year checked in item H1.)
Indicate your institution’s policy regarding financial aid for undergraduate degree-seeking nonresident aliens:
College-administered need-based financial aid is availableX
College-administered non-need-based financial aid is availableX
College-administered financial aid is not available 
If college-administered financial aid is available for undergraduate degree-seeking nonresident aliens, provide the number of undergraduate degree-seeking nonresident aliens who received need-based or non-need-based aid: 16
Average dollar amount awarded to undergraduate degree-seeking nonresident aliens: $20,417
Total dollar amount of financial aid from all sources awarded to all undergraduate degree-seeking nonresident aliens: $326,670
 
Process for First-Year/Freshman Students
 
Financial aid forms domestic first-year (freshman) financial aid applicants must submit:
FAFSAX
Institution's own financial aid form 
CSS/Financial Aid PROFILEX
State aid form 
Noncustodial (Divorced/Separated) Parent's Statement 
Business/Farm Supplement 
Other (specify): 
 
Check off all financial aid forms nonresident alien first-year financial aid applicants must submit:
Institution’s own financial aid formX
CSS/Financial Aid PROFILE 
Foreign Student’s Financial Aid ApplicationX
Foreign Student’s Certification of Finances 
Other (specify): 
 
Indicate filing dates for first-year (freshman) students:
Priority date for filing required financial aid forms:2/1
Deadline for filing required financial aid forms: 
No deadline for filing required forms (applications processed on a rolling basis): 
Indicate notification dates for first-year (freshman) students (answer a or b):
a)Students notified on or about (date): 4/1
 YesNo
b)Students notified on a rolling basis: X
 If yes, starting date: 
Indicate reply dates:
Students must reply by (date): 5/1 or within 2 weeks of notification.
 
Types of Aid Available
Loans
FEDERAL DIRECT STUDENT LOAN PROGRAM (DIRECT LOAN)
Direct Subsidized Stafford LoansNo
Direct Unsubsidized Stafford LoansNo
Direct PLUS LoansNo
FEDERAL FAMILY EDUCATION LOAN PROGRAM (FFEL)
FFEL Subsidized Stafford LoansYes
FFEL Unsubsidized Stafford LoansYes
FFEL PLUS LoansYes
 
Federal Perkins LoansYes
Federal Nursing LoansNA
State LoansYes
College/university loans from institutional fundsNo
Other (specify): PrivateYes
 
Scholarships and Grants
NEED-BASED:
Federal PellYes
SEOGYes
State scholarships/grantsYes
Private scholarshipsYes
College/university gift aid from institutional fundsYes
United Negro College FundYes
Federal Nursing ScholarshipNA
Other (specify): 
 
Check off criteria used in awarding institutional aid. Check all that apply.
 Non-Need BasedNeed-Based
AcademicsXX
Alumni affiliation  
Art  
Athletics  
Job skills  
ROTC  
LeadershipXX
Minority statusXX
Music/dramaXX
Religious affiliation  
State/district residency