110 likes | 242 Views
Financial Aid for College Students in Texas FY 2008. Types of Financial Aid. Grant Aid Work-Study Loans. In FY 2008 Over $5.84 billion in financial aid was awarded to almost 623,000 students. New in 2008 Report. Data on Students who applied for but did not receive aid
E N D
Financial Aid for College Students in TexasFY 2008 THECB 06/09
Types of Financial Aid Grant Aid Work-Study Loans THECB 06/09
In FY 2008 Over $5.84 billion in financial aid was awarded to almost 623,000 students. THECB 06/09
New in 2008 Report Data on Students who applied for but did not receive aid Second year of data on merit aid for students who completed FAFSA THECB 06/09
In FY 2008, Texas Undergraduate Students – Public 4-Year Source: FY 2008 Financial Aid Database THECB 06/09
Profile of Grant and Loan Distribution in Texas, FY 2008 for Public 4-Year (Undergraduate) Source: FY 2008 Financial Aid Database THECB 06/09
Tuition & Fees with Other Education Cost Compared to Grants, Work-Study, and Loans THECB 06/09 Source: FY 2008 Financial Aid Database , IFRS , and CSB
In FY 2008, Texas Undergraduate Students – Public 2-Year Source: FY 2008 Financial Aid Database THECB 06/09
Profile of Grant and Loan Distribution in Texas, FY 2008 for Public 2-Year Percent of Recipients Family Adjusted Gross Income Source: FY 2008 Financial Aid Database THECB 06/09
Income Breakdown for Major State Financial Aid Programs Source: FY 2008 Financial Aid Database THECB 06/09
Outlook The legislature made significant increases in financial aid for the upcoming biennium; however State aid maximums are tied to tuition and fees. To continue making progress in closing the gaps in participation, the State must continue to increase funding for financial aid. We need to make sure that our financial aid policies help close the gaps in success too. THECB 06/09