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2003 High School Counselor Drive In Workshop

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2003 High School Counselor Drive In Workshop – PowerPoint PPT presentation

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Title: 2003 High School Counselor Drive In Workshop


1
Trends for College Students2007-08
2
  • Tuition and Fee Costs Averaged
  • National WI WI
  • 2006-07 2006-07 2007-08
  • 2 Year Technical NA 2,610 2,762
  • College Transfer NA 3,537 3,741
  • 2 Year Public 2,272 4,530 4,740
  • 4 Year Public 5,836 5,600 5,820 (est)
  • 4 year Private 22,218 20,918 22,029
  • Source UW System, UW Colleges, WAICU, WTCS,
    Trends in College Pricing 2006The College Board
  • Eau Claire is the only UW 4-year with
    estimated prices published
  • MATC Milwaukee, MATC Madison,
    Nicolet, Chippewa Valley have special College
    Transfer programs

3
  • Room and Board Costs in Dorm
    Averages
  • National WI WI
  • 2006-07 2006-07 2007-08
  • 4 Year Public 6,960 4,701 4,828(est)
  • 4 Year Private 8,149 6,245 6,525
  • Source UW System, WAICU, WTCS, Trends in College
    Pricing 2006The College Board
  • Eau Claire is the only UW 4 year with estimated
    prices published

4
Wisconsin Borrower Average Indebtedness at
Graduation 2004-05 2005-06 4 Year Public
18,378 19,809 (all certified) 4 Year
Private 19,899 22,665 (all certified) 2 Year
Technical 6,659 7,255 (Stafford
only) NOTE both 4 Year figures include all
certified loans including PLUS Source UW System,
WAICU, WTCS, Trends in Student Aid 2006The
College Board
5
Loan Default Rates 2002 2003 2004 WI
Average 3.5 3.0 2.7 Natl. Avg.
5.2 4.5 5.1 Source US Department of Education
6
Wisconsin Financial Aid Facts
  • UW System 4-year colleges (05/06)
  • 105,512 UW System students received 828.8
    million in financial aid, averaging 7,854.
  • Weighted average student costs for
    undergraduate, resident, living on campus was
    13,642 total, with 5,508 occurring in tuition
    fees and 3,442 occurring in Personal/Other
    expenses.
  • Wisconsin Private Colleges and Universities
    (05/06)
  • Average tuition fees 19,794, Average
    freshman financial aid package 14,269, Average
    net tuition 5,525 (students would incur
    additional expenses for room and board and
    books).
  • Of the 325 million in grant aid, 15 was
    federal, 9 was state, 76 was
    institutional/private.
  • 94 of full-time firstyear students
    received financial aid, the majority provided by
    the institutions themselves.
  • Source UW System, WAICU

7
Wisconsin Financial Aid Facts 2
  • WTCS (05/06)
  • 71,338 students enrolled at least half time
  • 35,990 students received need-based aid from the
    FAFSA
  • At least 20 of high school graduates in
    Wisconsin attend WI Technical colleges
    immediately after high school. Within 5 years of
    graduation, 40 of high school graduates enroll
    in the WI Technical College system.
  • WTCS colleges serve 1 in 9 Wisconsin adults or
    roughly 460,000 each year in a variety of
    educational options primarily degree, technical
    diploma, certificates and customized training.
  • 92 of WTCS students get jobs within 6 months of
    graduation.
  • 86 of WTCS graduates live and work in
    Wisconsin.
  • 97 of WTCS graduates are satisfied or very
    satisfied with their training.
  • UW Colleges (05/06)
  • More than half (52) of all financial aid is in
    the form of grants and scholarships
  • Source WTCS, UW Colleges
  • From the 2005-06 Graduate follow-up report

8
Wisconsin Financial Aid Facts 3State support of
UW System budget dropped over 10 last 10
years.This transferred more of the cost to the
students. See next 2 slides.(Source Fact Book
2006-07 published by UW System)
9
Wisconsin Financial Aid Facts 4 (Source Fact
Book 2006-07 published by UW System)
10
Wisconsin Financial Aid Facts 5Tuition and Fee
Increases at select UW Schools
11
  • National Financial Aid Facts
  • (Figures are from 2006-07. Increases from 2005-06
    to 2006-07.)
  • On average, full-time students receive about
    9,000 of aid per year in the form of grants and
    tax benefits in private four-year institutions,
    3,100 in public four-year institutions, and
    2,200 in public two-year colleges.
  • A quarter of all college students are enrolled
    part-time in two-year public colleges.
  • Over one-third of first- and second-year college
    students have taken remedial courses. Math (77)
    was over twice as popular as Writing (35), with
    English (30) and Reading (28) close behind.
  • Students take an average of 6.2 years to earn
    bachelors degrees in public colleges and 5.3
    years to earn bachelors degrees in private
    colleges.
  • Source Trends in Student Aid 2006The College
    Board

12
  • National Financial Aid Facts 2
  • (Figures are from 2006-07. Increases from 2005-06
    to 2006-07.)
  • Increases from 2005-06 to 2006-07 for average
    tuition and fees
  • Four-year public increased 6.3
  • Two-year public increased 4.1
  • Four-year private increased 5.9
  • Reductions in revenue from sources other than
    tuition, particularly state and local
    appropriations in the public sector, are
    associated with rapidly rising public college
    tuition levels in recent years. Note
    prior slides on Wisconsin
  • Source Trends in Student Aid 2006The College
    Board

13
Alternative Loan Volume Continues to
MushroomThough these are national figures,
Wisconsin numbers continue to climb as
well.(Source College Board, Trends in Student
Aid)
14
  • The medians show it is still worth going to
    college!
  • Data are 2006 annual averages for persons 25 and
    over. Earnings are for full-time wage and salary
    workers. Source Bureau of Labor Statistics,
    Current Population Survey, as of May 29, 2007.

15
Agreements between Wisconsin Schools
  • See http//www.uwsa.edu/tis/resources/ga/index.sht
    ml to link to either
  • WTCS (Wisconsin Technical College System) or
    UW-Colleges transfer information to
    UW-Universities.
  • Wisconsin Technical College students can take
    advantage of over 500 transfer agreements between
    UW and WTCS campuses. These agreements permit
    occupational courses in specific degree programs
    to transfer into a UW major.
  • UW-Colleges transfer guides list courses, grade
    point, and other requirements for your intended
    major at the transfer school. Use the links to be
    "on track" in your major when transferring to
    another UW campus. If the campus you're
    interested in has not developed a guide for your
    intended major, please contact the admissions
    transfer office with questions related to your
    transfer.
  • See http//www.uwc.edu/transfer/guarantee.asp
    for information on transferring from UW-Colleges
    to UW-Universities thru the Guaranteed Transfer
    Program.

16
Break1045 1100
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