ERIC Number: ED396625
Record Type: RIE
Publication Date: 1995-Dec
Reference Count: N/A
State Funded Financial Aid Report.
Colorado Commission on Higher Education, Denver.
This report summarizes Colorado student aid program expenditures for 1994-95. It briefly describes the following program types: need-based grants, merit-based grants, Colorado work-study, diversity grants, required federal matches, Colorado nursing scholarships, and categorical programs. Highlights of the report reveal the following: state appropriations for financial aid programs totaled $46,518,748 during this period, and state student aid appropriations have increased 40 percent since 1989-90; the number of recipients has increased 20 percent over the past 5 years, and the average award for each recipient has increased over 15 percent; minority students comprised 27 percent of all Colorado aid recipients and received 31.4 percent of state funds; and most Colorado aid recipients were state residents, full-time students, female, enrolled in public institutions, considered independent for financial aid purposes, and from families with incomes under $20,000. Individual sections present text, tables, and figures on: state aid appropriations, allocation of Colorado student aid appropriations, estimating student costs using Colorado Commission of Higher Education budget parameters, characteristics of aid recipients, Western Interstate Commission for Higher Education student exchange programs, and distribution of state aid among institutions. Appended are a list of participating institutions and a summary of the 1994 Long Bill Reconciliation. (CK)
Publication Type: Reports - Descriptive; Numerical/Quantitative Data
Education Level: N/A
Authoring Institution: Colorado Commission on Higher Education, Denver.