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:  2001-2002 estimated __ 2000-2001 final _X_
 

 

Need-based

Non-need-based

 

$

$

Scholarships/Grants    
Federal   15,832,913   
State  13,502,407  
Institutional (endowment, alumni, or other institutional awards) and external funds awarded by the college excluding athletic aid and tuition waivers (which are reported below)   

  10,864,710

  

  3,578,244
Scholarships/grants from external sources (e.g., Kiwanis, NMSQT) not awarded by the college     
  11,326,487
Total Scholarships/Grants   40,200,030    14,904,731 
Self-Help    
Student loans from all sources   42,598,806    23,471,487 
Federal Work-Study     1,886,013   
State and other work-study/  
employment		    
Total Self-Help   44,484,819     23,471,487 
Parent Loans           559,667
Tuition waivers         2,125,109 
Athletic awards        4,511,824 
     

 

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.
 

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 cohort)

 		    3160    16042       2792 

b) Number of students in line a who were financial aid applicants (include applicants for all types of aid)

 		    2835     13280       1516 

c) Number of students in line b who were determined to have financial need

 		    2212     10709        1244 

d) Number of students in line c who received any financial aid

 		    2167     10118          979 

e) Number of students in line d who received any need-based gift aid

 		    2167     10118          979 

f) Number of students in line d who received any need-based self-help aid

 		    1849       8609           809 

g) Number of students in line d who received any non-need-based gift aid

 		      942       3232          127 

h) Number of students in line d whose need was fully met (exclude PLUS loans and private alternative loans).

 		      504       3139           263 

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). 

 		    79%       83%        69% 

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.)

 		  $10524     $10265     $7430 

k) Average need-based gift award of those in line d who received a need-based gift award

 		  $4228     $3836     $1706 

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

 		  $2694     $3284     $3118 

m) Average need-based loan (excluding PLUS loans and private alternative loans) of those in line d who received a need-based loan

 		  $2696     $3294     $3134 

 

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 who received non-need-based aid (exclude those receiving athletic awards and tuition benefits)       621     2569       272 
o) Average award to students in line (n)     $2834   $2500      $1089 
p) Number of students in line a who received a non-need-based athletic award         35        182           4 
q) Average non-need-based athletic award to those in line (p)     $10327  $11093    $5241  
 

H3: Which needs-analysis methodology does your institution use in awarding institutional aid?

_X_ Federal methodology (FM)

___ Institutional methodology (IM)

___ Both FM and IM

H4. Percent of 2001 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. __91_%

H5. Average per-borrower cumulative undergraduate indebtedness of those in line H4; do not include money borrowed at other institutions: $__15,070__

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 international students
X College-administered non-need-based financial aid is available for international students
College-administered financial aid is not available for 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: _426__

Average dollar amount awarded to undergraduate international students: $ __4,251__

Total dollar amount of financial aid from all sources awarded to all undergraduate international students: $ _1,810,926_

 

Process for First-Year/Freshman Students

H7. Check off all financial aid forms domestic first-year (freshman) financial aid applicants must submit:

FAFSA

H8. Check off all financial aid forms international (nonresident alien) first-year financial aid applicants must submit:

Institution’s own financial aid form

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

Priority date for filing required financial aid forms:___March 1__

Deadline for filing required financial aid forms: _____________
 

H10. Indicate notification dates for first-year (freshman) students:

Students notified on a rolling basis: YES        If yes, starting date: February 15

H11. Indicate reply dates:

Students must reply by (date): ___May 1__ or within ___3__ weeks of notification.

Types of Aid Available

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

H12. Loans

FEDERAL FAMILY EDUCATION LOAN PROGRAM (FFEL)

FFEL Subsidized Stafford Loans

FFEL Unsubsidized Stafford Loans

FFEL PLUS Loans

Federal Perkins Loans

Federal Nursing Loans

College/university loans from institutional funds

H13. Scholarships and Grants

Need-based:

Federal Pell

SEOG

State scholarships/grants

Private scholarships

College/university gift aid from institutional funds

Federal Nursing Scholarship
 

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

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

 

  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.

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.