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H. Financial Aid: Common Data Set 2008-09

Aid Awarded to Enrolled Undergraduates

NOTE: Updates for 2008-09 are estimates.  The notes in H15 have been updated for 2008-09.

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 2007-2008 academic year (see the next item below), use the 2007-2008 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 scholarship or grant aid" on the last page of the definitions section.)

Indicate the academic year for which data are reported for items H1, H2, H2A and H6 below:
 2008-2009 estimated or X 2007-2008 final

Which needs-analysis methodology does your institution use in awarding institutional aid?

_X_ Federal methodology (FM)

___ Institutional methodology (IM)

___ Both FM and IM

  Need-based Non-need-based  
  $ $
Scholarships/Grants    
Federal $14,616,135 $2,801,192
State (i.e., all states, not only the state in which your institution is located) $6,293,079 $199,122
Institutional: Endowed scholarships, annual gifts and tuition funded grants, awarded by the college, excluding athletic aid and tuition waivers (which are reported below). $24,927,285 $9,815,352
Scholarships/grants from external sources (e.g., Kiwanis, National Merit) not awarded by the college $5,362,916 $4,058,186
Total Scholarships/Grants $51,199,415 $16,873,852
Self-Help    
Student loans from all sources (excluding parent loans) $46,463,325 $33,280,161
Federal Work-Study $1,769,700 .
State and other (e.g., institutional) work-study/employment (Note: Exclude Federal Work-Study captured above.) $2,042,834 $575,607
Total Self-Help $50,275,859 $33,855,768
Parent Loans $28,646,050 $103,593,956
Tuition waivers (optional)    
Athletic awards $1,572,657 $3,777,563


Number of Enrolled Students Awarded Aid

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 were awarded 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.

Need-based awards First-time Full-time Freshmen Full-time Undergrad (inc. fresh) Less than Full-time Undergrad
a) Number of degree-seeking undergraduate students (CDS Item B1 if reporting on Fall 2008 cohort) 5,797 24,262 1,845
b) Number of students in line a who applied for need-based financial aid 4,170 15,495 890
c) Number of students in line b who were determined to have financial need 1,928 7,581 450
d) Number of students in line c who were awarded any financial aid 1,924 7,554 429
e) Number of students in line d who were awarded any need-based scholarship or grant aid 1,687 6,813 388
f) Number of students in line d who were awarded any need-based self-help aid 1,742 6,983 405
g) Number of students in line d who were awarded any non-need-based scholarship or grant aid 75 178 4
h) Number of students in line d whose need was fully met (exclude PLUS loans, unsubsidized loans and private alternative loans). 1,418 5,099 203
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 EFC (PLUS loans, unsubsidized loans, and private alternative loans). 93% 91% 88%
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). $12,699 $13,605 $13,609
k) Average need-based scholarship or grant award of those in line e $7,460 $6,729 $5,352
l) Average need-based self-help award (excluding PLUS loans, unsubsidized loans, and private alternative loans) of those in line f $5,274 $6,648 $7,927
m) Average need-based loan (excluding PLUS loans, unsubsidized loans, and private alternative loans) of those in line f who were awarded a need-based loan. $5,000 $6,281 $7,773

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 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 (Inc. 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) 1,740 5,584 191
o) Average dollar amount of institutional non-need-based scholarship and grant aid awarded to students in line (n) $6,355 $7,122 $6,209
p) Number of students in line a who were awarded an institutional non-need-based athletic scholarship or grant 59 234 8
q) Average dollar amount of institutional non-need-based athletic scholarships and grants awarded to students in line (p) $16,466 $19,142 $12,807

H3.  Incorporated into H1 above.

Note: These are the graduates and loan types to include and exclude in order to fill out CDS H4, H4a, H5 and H5a.

Include:
  • 2008 undergraduate class who graduated between July 1, 2007 and June 30, 2008 who started at your institution as first-time students and received a bachelor's degree between July 1, 2007 and June 30, 2008.
  • only loans made to students who borrowed while enrolled at your institution.
  • co-signed loans.
Exclude:
  • those who transferred in.
  • money borrowed at other institutions.

H4. Provide the percentage of the class (defined above) who borrowed at any time through any loan programs (institutional, state, Federal Perkins, Federal Stafford Subsidized and Unsubsidized, private loans that were certified by your institution, etc.; exclude parent loans). Include both Federal Direct Student Loans and Federal Family Education Loans.

42%

H4a. Provide the percentage of the class (defined above) who borrowed at any time through federal loan programs--Federal Perkins, Federal Stafford Subsidized and Unsubsidized. Include both Federal Direct Student Loans and Federal Family Education Loans. NOTE: exclude all institutional, state, private alternative loans and parent loans.

41%

H5. Report the average per-borrower cumulative undergraduate indebtedness of those in line H4.

$18,361

H5a. Report the average per-borrower cumulative undergraduate indebtedness through federal loan programs--Federal Perkins, Federal Stafford Subsidized and Unsubsidized. Include both Federal Direct Student Loans and Federal Family Education Loans. These are listed in line H4a. NOTE: exclude all institutional, state, private alternative loans and exclude parent loans.

$14,017


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 or grant aid for undergraduate degree-seeking nonresident aliens:

X Institutional need-based scholarship or grant aid is available
X 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: 207

Average dollar amount of institutional financial aid awarded to undergraduate degree-seeking nonresident aliens: $10,630

Total dollar amount of institutional financial aid awarded to all undergraduate degree-seeking nonresident aliens: $2,200,462

H7. Check off all financial aid forms nonresident alien first-year financial aid applicants must submit:

X Institution's own financial aid form
  CSS/Financial Aid PROFILE
  International Student's Financial Aid Application
  International Student's Certification of Finances
X Other: Bank statement

 


Process for First-Year/Freshman Students

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

X FAFSA
  Institution's own financial aid form
  CSS/Financial Aid PROFILE
  State aid form
  Noncustodial PROFILE
  Business/Farm Supplement
X Other: Tax return required

 

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: None

No deadline for filing required forms (applications processed on a rolling basis): Rolling basis

 

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

a. Students notified on or about (date):

b. Students notified on a rolling basis: X Yes   No If yes, starting date: February 1

 

H11. Indicate reply dates:

Students must reply by (date): Within 3 weeks of notification.


Types of Aid Available

Please check off all types of aid available at your institution:

H12. Loans

FEDERAL DIRECT STUDENT LOAN PROGRAM (DIRECT LOAN)

X Direct Subsidized Stafford Loans
X Direct Unsubsidized Stafford Loans
X Direct PLUS Loans

FEDERAL FAMILY EDUCATION LOAN PROGRAM (FFEL)

  FFEL Subsidized Stafford Loans
  FFEL Unsubsidized Stafford Loans
  FFEL PLUS Loans
 

X Federal Perkins Loans
  Federal Nursing Loans
  State Loans
X College/university loans from institutional funds
X Other (specify): private lenders

H13. Scholarships and Grants

Need-based:

X Federal Pell
X SEOG
X State scholarships/grants
X Private scholarships
X College/university scholarship or grant aid from institutional funds

  United Negro College Fund
  Federal Nursing Scholarship
  Other (specify):

Non-need based (college-administered):

X State
X Academic
X Creative arts/performance
X Special achievements/activities
X Special characteristics
X Athletic
X ROTC

  Other (specify):

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

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

H15. If your institution has recently implemented any major financial aid policy, program, or initiative to make your institution more affordable to incoming students such as replacing loans with grants, or waiving costs for families below a certain income level, please provide details below.

Colorado resident undergraduates

To maintain accessibility, CU-Boulder has several financial aid programs for resident undergraduates who are Boulder campus degree-seeking and teacher licensure students. All aid applicants who demonstrate at least $200 of need are awarded an institutional grant to ensure that the effective tuition increase from 2007-08 is no more than 5%.  

Programs include the UCB Tuition Grant and the CU Promise, part of CU's performance contract with the Colorado Commission on Higher Education. The CU Promise covers Colorado undergraduates from families at or below the federal poverty line who enter CU-Boulder as new freshmen or transfers from Colorado community colleges.  For these students, grants plus a work-study award will cover the cost of tuition, required fees and estimated books.  About 60 new students are covered by the CU Promise each year.

For more information on financial aid, see http://www.colorado.edu/prospective/counselors/finances/index.html.

Out-of-state undergraduates

Tuition rates for undergraduates not classified as Colorado residents for tuition purposes have been covered by the non-resident undergraduate tuition guarantee program since 2005-06.  Click here for details of the non-resident undergraduate tuition guarantee. 

The Chancellor's Achievement Scholarship offers $15,000 over four years to the top 25% of out-of-state admitted new freshmen. The program, started in 2005-06, awards $5,000 per year during the freshman and sophomore years and $2,500 per year during junior and senior years.

Presidential Scholars are a select group drawn from Chancellor's Achievement Scholars.  Presidential Scholars receive a $10,000 annual tuition reduction for four years, totaling $40,000. The Presidential Scholar program began in 2006-07.

 

 

Last revision 03/31/09



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