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Education Final 05-15-12 -   1.3.a - State Need Grant

 
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Education Final 05-15-12
1. Access and Enrollment
2. Student Accomplishment
3. Student and Economic Outcomes
  
 
 
1.3.a - State Need Grant
What has happened to State Need Grant funding and service levels?
 
 
 
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Data Notes
Data Source: Higher Education Coordinating Board financial aid data system.
Measure Definition: Number of students served and program funds expended on student aid by academic year.
Target Rationale: Determine the extent to which the program is adequately meeting the need for student financial assistance.
Link to Agency Strategic Plan: The Strategic Master Plan calls for the state to "maintain its leadership role in providing need-based financial aid by expanding and refining need-based financial aid programs to serve more low-income students."
Relevance: The SNG program is the largest Washington need-based aid program.
Notes: (Optional):
Also Available
Action Plan: No
Extended Analysis: No

 Drill Down Measures

 Summary Analysis

  • The chart shows the growth in State Need Grant (SNG) funding and the associated increases in the number of students served through the program.
  • The 2010-11 academic year was unique in that state funding decreased due to a midyear budget rescission but the number of students served went up due to a large shift in served students to the community and technical college (CTC) sector.  SNG awards in the CTC sector are less than half of the awards for the public and private four-year sectors, therefore more students can be served.
  • Funding for 2010-11 was reduced by $25.38 million due to a mid-year budget reduction.  The reduction was targeted to public institutions where SNG was replaced by local institution funds.
  • Between 2002-03 and 2010-11 funding increased 93% and the number of students served has increased 37%.
  • In the 2009-11 biennium, total program funding increased to compensate for rising tuition.  However, the economic effect of the recession prevented funding levels from keeping pace with student demand (see drill down measure).