ERIC Number: ED367237
Record Type: RIE
Publication Date: 1993
Reference Count: N/A
State-Funded Student Financial Assistance, 1992-93. Legislative Report.
Colorado Commission on Higher Education, Denver.
This report summarizes Colorado student aid program expenditures for 1992-93. The report reveals that: (1) the Colorado General Assembly provided $37.2 million for Colorado student aid programs for the 1992-93 fiscal year; (2) the total number of state aid awards and the average award increased in 1992-93 to an average of $908; (3) financial aid recipients with reported family incomes of less than $25,000 comprised 69.8 percent of all financial aid recipients; (4) minority students comprised 26.0 percent of Colorado student aid recipients and received 27.6 percent of Colorado aid funds, an increase over 1991-92 when minorities comprised 24.2 percent of Colorado aid recipients and received 25.7 percent of state funds; (5) the percentage of state aid recipients attending college part-time increased in 1992-93; (6) most recipients (90.9 percent) were full-time students; (7) 97.7 percent of the recipients were Colorado residents; (8) 54.8 percent of the recipients were independent students; (9) most recipients (89.2 percent) attended publicly-supported schools; and (10) most recipients (55.3 percent) were female. An explanation of the various types of student financial aid offered in Colorado is also provided. These include: need based grants, merit based grants, Colorado work-study, diversity grants, required federal match grants, the Colorado nursing scholarship program, and categorical programs. (GLR)
Publication Type: Reports - Research
Education Level: N/A
Audience: Administrators; Policymakers; Practitioners
Authoring Institution: Colorado Commission on Higher Education, Denver.