Mott Community College Budget Update

Mott Community College

Special Committee of The WholeJune 11, 2012College Finances2STRATEGIC PLAN7-0. Budget/Finance

7-1. Focus on controllable revenues and costs to sustain our current reputation and facilities and provide funding for strategic priorities7-2. Establish short and long-term budget and finance priorities that provide a balanced approach to the needs of a learning organization with the flexibility to realign resources

7-3. Implement a comprehensive strategy to address the long-term deficit which enables us to continue to provide affordable high quality education

A balanced approach _____________________________________________________________________

PRIOR YEAR BUDGET IMPACT 3

Prior Year Impact in Dollars4$8,128,656Tuition Keeps Up with Lost Funding/Increase in Non-controllable costs for prior year5$54.61$153.29

Prior Years Budget Balancing Steps6

Prior Year Budget Cuts

Decreased Hiring (Open Position Pool)$ 750,000Cut funding to Reserves$1,150,000Capital Funding Reduction$3,000,000Debt Contribution$ 850,000Cut Contingency $ 750,000Total budgetary expenditure cuts$6,500,000

7Prior Year Budget Cuts (continued)Total Budgetary Expenditure Cuts (from previous slide) $6,500,000Prior Year Shortfall ($8,100,000)Shortfall Remaining ($1,600,000)Received from tuition increase 8

FUNDING SOURCES(2012-2013)

State Aid

Property Taxes-Operating-Debt

Tuition

9

Trends in Funding Sources & Enrollment10Trends in Funding Sources & Enrollment, Fiscal Year Equated Students (FYES)11State and Local Funding Does Not Keep Up With Enrollment 12Projected Property Tax Funding FYE 2010 through FYE 2016

1313Percentage of Property Tax and State Aid of Total Funding14

CURRENT YEAR BUDGET IMPACT 15

FYE 2013 Impact in Dollars16$5,795,000Tuition Keeps Up with Lost Funding/Increase in Non-controllable costs for FYE 201317$40.87$148.92

Current Year Budget Balancing Steps18

Current Year Budget Cuts

Decreased Hiring (Open Position Pool)$ 350,000Health Insurance Savings$ 600,000State Aid Increase$ 637,000Cut Reserve Funding$ 620,000Capital Funding Reduction$1,060,000Cut Contingency $ 900,000Total budgetary expenditure cuts$4,167,000Beginning shortfall ($5,795,000)Shortfall remaining ($1,628,000)

THEN and NOW20State Aid Funding $15,344,107State Aid Funding $14,383,60020

What if Tuition Covered State Aid Losses?Add in Property tax loss = $325.48 21Tuition and Financial Aid 22 the american OpportunityTax credit (AOTC)

PELL for Most EVERYONE ELSE ? Pell American Opportunity Tax Credit (AOTC)Pell for Most Everyone Else Maximum Award$5,550$2,500EnrollmentSliding Scale up to full-time At least Half TimeIncome LimitsExpected Family ContributionModified AGI< $80,000 Single < $160,000 MFJProgram of Study Degree or Certificate-Accredited Institution Degree or Certificate-Accredited Institution Can be used for Tuition, fees, books, equipment, supplies, leftover can be for living expenses Tuition, fees, books, equipment, suppliesLength of Award6 years4 yearsOther Eligibility Not convicted of a felony drug offense Not convicted of a felony drug offense

Available Financial Aid (Pell and American Opportunity Tax Credit)Estimated - $14.3 Billion available annually for AOTC American Opportunity Tax Credit (AOTC) How did they get this?

INTENT OF THE AMERICAN OPPORTUNITY TAX CREDITThat means reducing financial aid for 8 million students and leaving our community colleges without the resources they need to prepare our students for the jobs of the future.

The Amelias, Maynards, Mahans..How about the Students?The StudentsJoe and Jane are 28 years oldThey are married and live in Genesee County They have a 3-year old daughter, Mary

More about Joe and JaneJoe went into construction right out of high school but unfortunately has been laid off more than employed for the past 4 years

Jane is a paralegal, attending MCC at nights working on 3 + 1 transfer program

Joe and Jane in 2011This was an especially rough year for the Students

Joe was laid off most of the year and and had to collect nearly $11,000 in unemployment benefits

$11K = almost 1/3 of theirHousehold Income Financial Aid Jane applied for a Pell Grant at MCC Unfortunately she was ineligible due in part to the fact that the EFC Formula considered their family earnings and Adjusted Gross Income of $39,787 too high for a family of 3

Fortunately, MCC offered a payment plan that helped tremendously

Pell Grant

Tax Time March 2012 In March, 2102, the Students filed their tax return Due to their income level and a new Higher Education Tax credit, the Students were delighted to receive a refund of $2,178 for their tuition

Net Tuition Cost for Full Time for 1 Year at MCC = $535Comparable to Tuition and Fees in 1980-81 or $21/contact hour More in 2012 Joe and Jane were advised by their CPA

That Jane should reduce her federal withholdings to get more money throughout the year instead of waiting until tax time

The Students were worried since Joe was back to work, their income would be too high.

Their CPA informed them that the income limits were $160,000 MFJ and $80,000 Single

Reduce withholdings

CPA EXPANDED BENEFIT OF A REFUNDABLE CREDIT

Tax Year 2011Students Total Tax Liability equaled $1,658They had Paid in (withheld from wages) $2,699 Refund without any credits would be $1,041

But WaitThey were refunded with the AOTC $3,219 Only the Hope Credit?The refund would have been $2,348

Or a Federal Financial Aid Award of $871

More in 2012

Tax Year 2012CPA calculated that tuition/fee amounts = $2,957 for 24 contact hours Higher Education Refund (from improved tax credit) = $2,239Net tuition/fee for full-time = $718 or $29/contact hour or 1983-1984 ratesTotal tuition/fees increase Annual Amount $ IncreaseAOTC Refundable Credit Year: 2011-2012 12 Contact Hours (PT)137.66634.79 24 Contact Hours (FT) 256.60895.78 30 Contact Hours (FT) 316.07964.33Tuition Increases and Amount Refunded from the AOTC BUDGET SHORTFALL 2012-2013Remaining Shortfall $ 1,628,000

Tuition To Cover $9.18/contact hour

Tuition Increases and Amount Refunded from the AOTC

$ IncreaseAOTC Refundable Credit 24 Hours Total tuition/fees increase 2008-2009 35.10 (826.32)2009-2010 97.32 (836.05)2010-2011340.73 (870.12)2011-2012256.60 (895.78)729.74(3,428.28)(2,698.54)(2,782.79)$ IncreaseAOTC Refundable Credit 30 Hours Total tuition/fees increase 2008-2009 43.44 (880.05)2009-2010 120.42 (892.09)2010-2011406.30 (932.72)2011-2012316.07 (964.33)886.22(3,669.19)Tuition Increases and Amount Refunded from the AOTC

What Have We Done Regarding Controlling/Cutting Costs?39

Expenditure ReductionsEnergy Conservation Project - Utility costs averaged 8.2% in 2003, Now they are 3.1%Hold on vacant positionsAverage savings of $750K per yearChange in timing of custodial shiftSavings of approximately $170K per yearEliminating and restructuring food serviceWas losing approximately $100K per yearNow generating $48K per year in revenues40Expenditure ReductionsUtility Reduction Analyst ProjectResulted in $720K savings between 2004-2010 on Telecommunications/IT, Water, and WasteEmployee Contract BargainingEmployees agreed to pay freezes with incremental increases over 9 years at 1.35%Industry average is 2.8%Savings of $460K per yearCourse Section EfficiencyMaximizing section seat count before adding new sectionsDiscretionary budget cutsAverage savings of $400K per year41Expenditure ReductionsReduction of ORP (optional retirement plan) costsAverage annual savings of $400KCombining Deans positionFine Arts and Social Science combined saving $168K per yearOutsourcing custodial and grounds work at sitesSavings of approx. $350K per yearHealth Insurance changes to coverage and plans Savings $550KNew print shop leaseSavings of $200,000 per yearNew Auditors Savings of $60,580 over five years42A Comparisonto

7 Other MichiganPeer Community Colleges

Based on 2010 2011 ACS Data

MCC is 4th lowest in Total Revenue

MCC is 3rd Lowest in Millage Rate, and has the Largest Property Tax Decline

MCC is 3rd Lowest in Millage Rate, and has the Largest Property Tax Decline

48

50Tuition & Fees: Local ComparisonCollegeYearly Tuition & FeesMott CC 3,329 Saginaw Valley University 7,308 Eastern Michigan University8,377Oakland University 9,285 Baker College - Flint 9,840 Ferris State University 9,930 University of Michigan - Flint 10,097 Central Michigan University 10,380 Michigan State University11,722Davenport University11,814University of Michigan - Ann Arbor 13,461 ITT Technical of Flint 25,064Kettering University 29,116 Cost as based on in district/state rates from the Colleges web sitesMCCs annual cost is approximately 46% of that of the next most affordable college/university in our area.51Tuition & Fees: Community College ComparisonCollegeYearly Tuition & FeesMott CC (In-District)$3,229Wayne County CC$3,310Oakland CC$3,457Macomb CC$3,760Schoolcraft CC$3,910Delta CC$3,977Washtenaw CC$4,140Lansing CC$4,300Henry Ford CC$4,402St. Clair CC$5,663Costs based on published out of district rates for other Community Colleges for 30 Credit/Contact hours52COMPARISON PRIOR YEAR/CURRENT YEAR53

20122013

Reserve Requirements54In millionsStill need $757KStill need $1 mil Still need $92KAdequately funded

Current Year Budget Balancing Steps55

Current Year Budget Cuts

Decreased Hiring (Open Position Pool)$ 350,000Health Insurance Savings$ 600,000State Aid Increase$ 637,000Cut Reserve Funding$ 620,000Capital Funding Reduction$1,060,000Cut Contingency $ 900,000Total budgetary expenditure cuts$4,167,000Beginning shortfall ($5,795,000)Shortfall remaining ($1,628,000)

FEDERAL FINANCIAL ASSISTANCEPELL GRANTS 57

Increased Five-Fold in Ten YearsPell Award & Cost of TuitionMott Community CollegeIn-District(Published 10/11)Saginaw ValleyState UniversityIn-State(Published 10/11)Delta CCOut of District RatePell Awarded$5,550$5,550$5,550Tuition & Fees(30 contact hours)$3,535$7,815$4,510Books & Supplies$1,000$1,000$1,000Difference$1,015-$3,265$ 40Student Receives Remaining BalanceStudent Needs UnmetStudent Receives Remaining BalancePell Distribution 11/12AwardedEducational Tuition & FeesEducationalBooks & Supplies ChargesNon-EducationalGovt. Refund$31,013,885$21,128,548$4,493,632$5,391,705Sample of Approx. 9,700 StudentsCOMMENTS/QUESTIONS?61Chart123266144201687041894045117652500171229251712292517379768.875

$1.3 Million Decrease$1.3 Million Decrease$3.1 MillionDecreaseProp. Tax Funding$23.3$20.2$18.9$17.6$17.1$17.1

Sheet1Prop. Tax Funding2009-201023,266,1442010-201120,168,704(3,097,440)2011-201218,940,451(1,228,253)2012-201317,652,500(1,287,951)2013-201417,122,925(529,575)2014-201517,122,9250.02015-201617,379,769256,844Historical Average Increase7 Year Forecast7 Year Forecast w/ DebtLost Funding2009-201025,418,25623,500,00022,100,0001,918,2562010-201126,434,98620,915,00019,515,0005,519,98615,479,6772011-201227,492,38519,450,95018,150,9508,041,4352012-201328,592,08018,478,40317,378,40310,113,6772013-201429,735,76318,847,97117,860,97110,887,7922014-201530,925,19419,413,41018,563,41011,511,7842015-201632,162,20219,995,81219,295,81212,166,390

Chart10.62595266650.58419861340.51418789920.470.44

% Prop Tax and State Aid vs Total Rev

Sheet1% Prop Tax and State Aid vs Total RevColumn106/30/0063%$26,252,72906/30/0558%$38,091,17806/30/1051%$46,862,58306/30/1147%$45,484,34906/30/1244%To resize chart data range, drag lower right corner of range.% Prop Tax and State Aid vs Total RevColumn106/30/0063%$26,252,72906/30/0160%$28,658,89706/30/0262%$34,835,33406/30/0360%$36,365,71206/30/0459%$36,884,11806/30/0558%$38,091,17806/30/0657%$39,892,66206/30/0756%$41,256,91006/30/0856%$44,967,79206/30/0954%$46,031,41406/30/1051%$46,862,58306/30/1147%$45,484,34906/30/1244%$33,324,051

Chart161.1561.3470.5599.8886.52133.3103.37168.82

ActualHypothetical140.32

Sheet1ActualHypothetical2001-200261.1561.342004-200570.5599.882009-201086.52133.302011-2012103.37168.82ActualHypothetical2001-200261.1561.342002-200362.8572.502003-200469.0099.612004-200570.5599.882005-200675.80115.462006-200779.50120.922007-200882.05128.652008-200984.70129.652009-201086.52133.302010-201193.51146.872011-2012103.37168.82

Chart10.19523498230.32557770270.45478740770.02439990730.15883365690.2699157810.52596296320.04528759890.22483072410.12901847370.62728433660.01886646560.22261592480.35708094610.39186100480.02844212430.17639165720.3152975280.46087820830.04743260660.15674075810.31484252060.4967717570.03164496430.12612970480.4765404610.34551180510.05181802910.12937216760.4901622120.35298246940.0274831511

State AidProperty TaxTuition & FeesAll OtherComparison of State of Michigan Peer Group Revenue PercentagesBased on 2010 - 2011 ACS Data

NotesDick,The other two tabs (or sheets) contain the raw data and sorted in different ways.But here are the few key points:1The latest data from the State (vs. 1998-99 data from ACS - Activities Classification Structure)2Comparing MCC to other 7 community colleges in the same group (Group 3 in ACS's definition)3MCC ranks last (8th out of 8) in revenue (97%) meeting expenditures (100%); the best is at almost 120%4MCC ranks scond lowest (or 7th out of 8) in total revenue and millage rate5MCC ranks sixth out of 8 in Property Tax Revenue6MCC ranks fifth out of 8 in Total Expenditures and Dollar per FYES Expenditures7MCC ranks fourth out of 8 in Tuition and Fees and State Aid Revenues8MCC ranks third out of 8 in serving both Fiscal Year (FYES) and Contact Hour (CHES) Equivalent Students9In terms of percentages: MCC: Tuition & Fees (31% - 2nd out of 8), Property Taxes (24% - 7th), and State Aid (36% - 2nd)10Property Tax Percentage of Total Expenditures ranges from 20% to 60%; MCC is at 24%11Washtenaw CC levies 3.30 mill (almost 1.5 times more or 250% of MCC's 1.37) and receives $28.7M vs MCC's $10.1M12Dollar per FYES Expenditures ranges from $5,241 to $9,155; MCC is at $6,858You can pick and choose any of the 12 above or make up a few more points from the other two sheets.In a single slide, here are the points I would suggest:1Revenue does not meet expenditures (Not to mention funds outside the General Fund)2Second lowest in total revenue, property tax, and millage rate while third highest in FYES and CHES3Tuition and Fees only cover 31% of total costsPlease feel free to call me if you need anything else.FelixJan 25, 2001 Friday; around 1 am

&LPrinted: &D &T&CACS Comparison Data 1998-99&R&A: &P of &N&LFelix Chow, CFO&CMottCC\President\DickShaink\&F&RCreated: 1/24/01

SortedGeneral Fund Base Data: Sorted by Total RevenueTuition & FeesProperty TaxMillsState AidAll OtherTotal RevenueTotal Expend.FYESCHESUndup HdctProperty TaxState AidTuition & FeesAll OtherMillsTotal RevenueTotal Expend.FYESCHESUndup HdctWashtenaw$12,523,031$28,743,4343.3029$11,150,121$2,533,704$54,950,290$47,680,9445,2186,65122,858Washtenaw$28,743,434$11,150,121$12,523,031$2,533,7043.3029$54,950,290$47,680,9445,2186,65122,858Grand Rapids$15,086,142$19,053,8521.8276$17,525,265$2,492,836$54,158,095$48,859,9067,0658,59818,630Grand Rapids$19,053,852$17,525,265$15,086,142$2,492,8361.8276$54,158,095$48,859,9067,0658,59818,630Henry Ford$20,704,422$9,617,2972.4915$19,643,681$675,587$50,640,987$48,921,2306,9678,05022,057Henry Ford$9,617,297$19,643,681$20,704,422$675,5872.4915$50,640,987$48,921,2306,9678,05022,057Wayne County$10,985,694$20,497,0271.0000$17,128,686$664,182$49,275,589$49,773,1845,4375,60719,141Wayne County$20,497,027$17,128,686$10,985,694$664,1821.0000$49,275,589$49,773,1845,4375,60719,141Delta$12,613,963$17,504,9242.0427$13,509,197$980,842$44,608,926$37,702,6125,7436,80814,770Delta$17,504,924$13,509,197$12,613,963$980,8422.0427$44,608,926$37,702,6125,7436,80814,770Schoolcraft$13,468,846$16,893,3181.8521$10,982,897$829,045$42,174,106$35,454,0565,2216,67429,093Schoolcraft$16,893,318$10,982,897$13,468,846$829,0451.8521$42,174,106$35,454,0565,2216,67429,093Mott$12,934,850$10,138,4961.3745$14,902,482$2,293,248$40,269,076$41,676,6596,0776,85217,919Mott$10,138,496$14,902,482$12,934,850$2,293,2481.3745$40,269,076$41,676,6596,0776,85217,919Kalamazoo Valley$7,216,657$9,900,8442.8231$10,108,410$1,208,047$28,433,958$24,991,9964,7695,88017,009Kalamazoo Valley$9,900,844$10,108,410$7,216,657$1,208,0472.8231$28,433,958$24,991,9964,7695,88017,009General Fund Base Data: Sorted by FYESGrand Rapids$15,086,142$19,053,8521.8276$17,525,265$2,492,836$54,158,095$48,859,9067,0658,59818,630Henry Ford$20,704,422$9,617,2972.4915$19,643,681$675,587$50,640,987$48,921,2306,9678,05022,057Mott$12,934,850$10,138,4961.3745$14,902,482$2,293,248$40,269,076$41,676,6596,0776,85217,919Delta$12,613,963$17,504,9242.0427$13,509,197$980,842$44,608,926$37,702,6125,7436,80814,770Wayne County$10,985,694$20,497,0271.0000$17,128,686$664,182$49,275,589$49,773,1845,4375,60719,141Schoolcraft$13,468,846$16,893,3181.8521$10,982,897$829,045$42,174,106$35,454,0565,2216,67429,093Washtenaw$12,523,031$28,743,4343.3029$11,150,121$2,533,704$54,950,290$47,680,9445,2186,65122,858Kalamazoo Valley$7,216,657$9,900,8442.8231$10,108,410$1,208,047$28,433,958$24,991,9964,7695,88017,009General Fund Base Data: Sorted by CHESGrand Rapids$15,086,142$19,053,8521.8276$17,525,265$2,492,836$54,158,095$48,859,9067,0658,59818,630Henry Ford$20,704,422$9,617,2972.4915$19,643,681$675,587$50,640,987$48,921,2306,9678,05022,057Mott$12,934,850$10,138,4961.3745$14,902,482$2,293,248$40,269,076$41,676,6596,0776,85217,919Delta$12,613,963$17,504,9242.0427$13,509,197$980,842$44,608,926$37,702,6125,7436,80814,770Schoolcraft$13,468,846$16,893,3181.8521$10,982,897$829,045$42,174,106$35,454,0565,2216,67429,093Washtenaw$12,523,031$28,743,4343.3029$11,150,121$2,533,704$54,950,290$47,680,9445,2186,65122,858Kalamazoo Valley$7,216,657$9,900,8442.8231$10,108,410$1,208,047$28,433,958$24,991,9964,7695,88017,009Wayne County$10,985,694$20,497,0271.0000$17,128,686$664,182$49,275,589$49,773,1845,4375,60719,141General Fund Base Data: Sorted by Unduplicated HeadcountSchoolcraft$13,468,846$16,893,3181.8521$10,982,897$829,045$42,174,106$35,454,0565,2216,67429,093Washtenaw$12,523,031$28,743,4343.3029$11,150,121$2,533,704$54,950,290$47,680,9445,2186,65122,858Henry Ford$20,704,422$9,617,2972.4915$19,643,681$675,587$50,640,987$48,921,2306,9678,05022,057Wayne County$10,985,694$20,497,0271.0000$17,128,686$664,182$49,275,589$49,773,1845,4375,60719,141Grand Rapids$15,086,142$19,053,8521.8276$17,525,265$2,492,836$54,158,095$48,859,9067,0658,59818,630Mott$12,934,850$10,138,4961.3745$14,902,482$2,293,248$40,269,076$41,676,6596,0776,85217,919Kalamazoo Valley$7,216,657$9,900,8442.8231$10,108,410$1,208,047$28,433,958$24,991,9964,7695,88017,009Delta$12,613,963$17,504,9242.0427$13,509,197$980,842$44,608,926$37,702,6125,7436,80814,770General Fund Base Data: Sorted by Tuition & FeesTuition & FeesProperty TaxMillsState AidAll OtherTotal RevenueTotal Expend.FYESCHESUndup HdctHenry Ford$20,704,422$9,617,2972.4915$19,643,681$675,587$50,640,987$48,921,2306,9678,05022,057Grand Rapids$15,086,142$19,053,8521.8276$17,525,265$2,492,836$54,158,095$48,859,9067,0658,59818,630Schoolcraft$13,468,846$16,893,3181.8521$10,982,897$829,045$42,174,106$35,454,0565,2216,67429,093Mott$12,934,850$10,138,4961.3745$14,902,482$2,293,248$40,269,076$41,676,6596,0776,85217,919Delta$12,613,963$17,504,9242.0427$13,509,197$980,842$44,608,926$37,702,6125,7436,80814,770Washtenaw$12,523,031$28,743,4343.3029$11,150,121$2,533,704$54,950,290$47,680,9445,2186,65122,858Wayne County$10,985,694$20,497,0271.0000$17,128,686$664,182$49,275,589$49,773,1845,4375,60719,141Kalamazoo Valley$7,216,657$9,900,8442.8231$10,108,410$1,208,047$28,433,958$24,991,9964,7695,88017,009General Fund Base Data: Sorted by Property TaxWashtenaw$12,523,031$28,743,4343.3029$11,150,121$2,533,704$54,950,290$47,680,9445,2186,65122,858Wayne County$10,985,694$20,497,0271.0000$17,128,686$664,182$49,275,589$49,773,1845,4375,60719,141Grand Rapids$15,086,142$19,053,8521.8276$17,525,265$2,492,836$54,158,095$48,859,9067,0658,59818,630Delta$12,613,963$17,504,9242.0427$13,509,197$980,842$44,608,926$37,702,6125,7436,80814,770Schoolcraft$13,468,846$16,893,3181.8521$10,982,897$829,045$42,174,106$35,454,0565,2216,67429,093Mott$12,934,850$10,138,4961.3745$14,902,482$2,293,248$40,269,076$41,676,6596,0776,85217,919Kalamazoo Valley$7,216,657$9,900,8442.8231$10,108,410$1,208,047$28,433,958$24,991,9964,7695,88017,009Henry Ford$20,704,422$9,617,2972.4915$19,643,681$675,587$50,640,987$48,921,2306,9678,05022,057General Fund Base Data: Sorted by Property Tax Millage RateWashtenaw$12,523,031$28,743,4343.3029$11,150,121$2,533,704$54,950,290$47,680,9445,2186,65122,858Kalamazoo Valley$7,216,657$9,900,8442.8231$10,108,410$1,208,047$28,433,958$24,991,9964,7695,88017,009Henry Ford$20,704,422$9,617,2972.4915$19,643,681$675,587$50,640,987$48,921,2306,9678,05022,057Delta$12,613,963$17,504,9242.0427$13,509,197$980,842$44,608,926$37,702,6125,7436,80814,770Schoolcraft$13,468,846$16,893,3181.8521$10,982,897$829,045$42,174,106$35,454,0565,2216,67429,093Grand Rapids$15,086,142$19,053,8521.8276$17,525,265$2,492,836$54,158,095$48,859,9067,0658,59818,630Mott$12,934,850$10,138,4961.3745$14,902,482$2,293,248$40,269,076$41,676,6596,0776,85217,919Wayne County$10,985,694$20,497,0271.0000$17,128,686$664,182$49,275,589$49,773,1845,4375,60719,141General Fund Base Data: Sorted by State AidHenry Ford$20,704,422$9,617,2972.4915$19,643,681$675,587$50,640,987$48,921,2306,9678,05022,057Grand Rapids$15,086,142$19,053,8521.8276$17,525,265$2,492,836$54,158,095$48,859,9067,0658,59818,630Wayne County$10,985,694$20,497,0271.0000$17,128,686$664,182$49,275,589$49,773,1845,4375,60719,141Mott$12,934,850$10,138,4961.3745$14,902,482$2,293,248$40,269,076$41,676,6596,0776,85217,919Delta$12,613,963$17,504,9242.0427$13,509,197$980,842$44,608,926$37,702,6125,7436,80814,770Washtenaw$12,523,031$28,743,4343.3029$11,150,121$2,533,704$54,950,290$47,680,9445,2186,65122,858Schoolcraft$13,468,846$16,893,3181.8521$10,982,897$829,045$42,174,106$35,454,0565,2216,67429,093Kalamazoo Valley$7,216,657$9,900,8442.8231$10,108,410$1,208,047$28,433,958$24,991,9964,7695,88017,009General Fund Base Data: Sorted by Total ExpendituresTuition & FeesProperty TaxMillsState AidAll OtherTotal RevenueTotal Expend.FYESCHESUndup HdctWayne County$10,985,694$20,497,0271.0000$17,128,686$664,182$49,275,589$49,773,1845,4375,60719,141Henry Ford$20,704,422$9,617,2972.4915$19,643,681$675,587$50,640,987$48,921,2306,9678,05022,057Grand Rapids$15,086,142$19,053,8521.8276$17,525,265$2,492,836$54,158,095$48,859,9067,0658,59818,630Washtenaw$12,523,031$28,743,4343.3029$11,150,121$2,533,704$54,950,290$47,680,9445,2186,65122,858Mott$12,934,850$10,138,4961.3745$14,902,482$2,293,248$40,269,076$41,676,6596,0776,85217,919Delta$12,613,963$17,504,9242.0427$13,509,197$980,842$44,608,926$37,702,6125,7436,80814,770Schoolcraft$13,468,846$16,893,3181.8521$10,982,897$829,045$42,174,106$35,454,0565,2216,67429,093Kalamazoo Valley$7,216,657$9,900,8442.8231$10,108,410$1,208,047$28,433,958$24,991,9964,7695,88017,009General Fund Base Data: Sorted by Other IncomeWashtenaw$12,523,031$28,743,4343.3029$11,150,121$2,533,704$54,950,290$47,680,9445,2186,65122,858Grand Rapids$15,086,142$19,053,8521.8276$17,525,265$2,492,836$54,158,095$48,859,9067,0658,59818,630Mott$12,934,850$10,138,4961.3745$14,902,482$2,293,248$40,269,076$41,676,6596,0776,85217,919Kalamazoo Valley$7,216,657$9,900,8442.8231$10,108,410$1,208,047$28,433,958$24,991,9964,7695,88017,009Delta$12,613,963$17,504,9242.0427$13,509,197$980,842$44,608,926$37,702,6125,7436,80814,770Schoolcraft$13,468,846$16,893,3181.8521$10,982,897$829,045$42,174,106$35,454,0565,2216,67429,093Henry Ford$20,704,422$9,617,2972.4915$19,643,681$675,587$50,640,987$48,921,2306,9678,05022,057Wayne County$10,985,694$20,497,0271.0000$17,128,686$664,182$49,275,589$49,773,1845,4375,60719,141Fiscal Year Equivalent Student (FYES): Sorted by Total Expenditures$/FYESWayne County$2,021$3,7701.0000$3,150$122$9,063$9,1555,437Washtenaw$2,400$5,5093.3029$2,137$486$10,531$9,1385,218Henry Ford$2,972$1,3802.4915$2,820$97$7,269$7,0226,967Grand Rapids$2,135$2,6971.8276$2,481$353$7,666$6,9167,065Mott$2,128$1,6681.3745$2,452$377$6,626$6,8586,077Schoolcraft$2,580$3,2361.8521$2,104$159$8,078$6,7915,221Delta$2,196$3,0482.0427$2,352$171$7,768$6,5655,743Kalamazoo Valley$1,513$2,0762.8231$2,120$253$5,962$5,2414,769Contact Hour Equivalent Student (CHES): Sorted by Total Expenditures$/CHESWayne County$1,959$3,6561.0000$3,055$118$8,788$8,8775,607Washtenaw$1,883$4,3223.3029$1,676$381$8,262$7,1696,651Mott$1,888$1,4801.3745$2,175$335$5,877$6,0826,852Henry Ford$2,572$1,1952.4915$2,440$84$6,291$6,0778,050Grand Rapids$1,755$2,2161.8276$2,038$290$6,299$5,6838,598Delta$1,853$2,5712.0427$1,984$144$6,552$5,5386,808Schoolcraft$2,018$2,5311.8521$1,646$124$6,319$5,3126,674Kalamazoo Valley$1,227$1,6842.8231$1,719$205$4,836$4,2505,880General Fund Base Data:Tuition & FeesProperty TaxMillsState AidAll OtherTotal RevenueTotal Expend.FYESCHESUndup HdctDelta$12,613,963$17,504,9242.0427$13,509,197$980,842$44,608,926$37,702,6125,7436,80814,770Grand Rapids$15,086,142$19,053,8521.8276$17,525,265$2,492,836$54,158,095$48,859,9067,0658,59818,630Henry Ford$20,704,422$9,617,2972.4915$19,643,681$675,587$50,640,987$48,921,2306,9678,05022,057Kalamazoo Valley$7,216,657$9,900,8442.8231$10,108,410$1,208,047$28,433,958$24,991,9964,7695,88017,009Mott$12,934,850$10,138,4961.3745$14,902,482$2,293,248$40,269,076$41,676,6596,0776,85217,919Schoolcraft$13,468,846$16,893,3181.8521$10,982,897$829,045$42,174,106$35,454,0565,2216,67429,093Washtenaw$12,523,031$28,743,4343.3029$11,150,121$2,533,704$54,950,290$47,680,9445,2186,65122,858Wayne County$10,985,694$20,497,0271.0000$17,128,686$664,182$49,275,589$49,773,1845,4375,60719,141Percentage of Total Revenue: Sorted by Tuition and FeesHenry Ford41%19%2.491539%1%100%Mott32%25%1.374537%6%100%Schoolcraft32%40%1.852126%2%100%Delta28%39%2.042730%2%100%Grand Rapids28%35%1.827632%5%100%Kalamazoo Valley25%35%2.823136%4%100%Washtenaw23%52%3.302920%5%100%Wayne County22%42%1.000035%1%100%Percentage of Total Revenue: Sorted by Property TaxWashtenaw23%52%3.302920%5%100%Wayne County22%42%1.000035%1%100%Schoolcraft32%40%1.852126%2%100%Delta28%39%2.042730%2%100%Grand Rapids28%35%1.827632%5%100%Kalamazoo Valley25%35%2.823136%4%100%Mott32%25%1.374537%6%100%Henry Ford41%19%2.491539%1%100%Percentage of Total Revenue: Sorted by State AidHenry Ford41%19%2.491539%1%100%Mott32%25%1.374537%6%100%Kalamazoo Valley25%35%2.823136%4%100%Wayne County22%42%1.000035%1%100%Grand Rapids28%35%1.827632%5%100%Delta28%39%2.042730%2%100%Schoolcraft32%40%1.852126%2%100%Washtenaw23%52%3.302920%5%100%Percentage of Total Expenditures: Sorted by Tuition and FeesTuition & FeesProperty TaxMillsState AidAll OtherTotal RevenueTotal Expend.Henry Ford42%20%2.491540%1%104%100%Schoolcraft38%48%1.852131%2%119%100%Delta33%46%2.042736%3%118%100%Mott31%24%1.374536%6%97%100%Grand Rapids31%39%1.827636%5%111%100%Kalamazoo Valley29%40%2.823140%5%114%100%Washtenaw26%60%3.302923%5%115%100%Wayne County22%41%1.000034%1%99%100%Percentage of Total Expenditures: Sorted by Property TaxWashtenaw26%60%3.302923%5%115%100%Schoolcraft38%48%1.852131%2%119%100%Delta33%46%2.042736%3%118%100%Wayne County22%41%1.000034%1%99%100%Kalamazoo Valley29%40%2.823140%5%114%100%Grand Rapids31%39%1.827636%5%111%100%Mott31%24%1.374536%6%97%100%Henry Ford42%20%2.491540%1%104%100%Percentage of Total Expenditures: Sorted by State AidKalamazoo Valley29%40%2.823140%5%114%100%Henry Ford42%20%2.491540%1%104%100%Grand Rapids31%39%1.827636%5%111%100%Delta33%46%2.042736%3%118%100%Mott31%24%1.374536%6%97%100%Wayne County22%41%1.000034%1%99%100%Schoolcraft38%48%1.852131%2%119%100%Washtenaw26%60%3.302923%5%115%100%Percentage of Total Expenditures: Sorted by Total RevenueSchoolcraft38%48%1.852131%2%119%100%Delta33%46%2.042736%3%118%100%Washtenaw26%60%3.302923%5%115%100%Kalamazoo Valley29%40%2.823140%5%114%100%Grand Rapids31%39%1.827636%5%111%100%Henry Ford42%20%2.491540%1%104%100%Wayne County22%41%1.000034%1%99%100%Mott31%24%1.374536%6%97%100%

&LPrinted: &D &T&CACS Comparison Data 1998-99&R&A: &P of &N&LFelix Chow, CFO&CMottCC\President\DickShaink\&F&RCreated: 1/24/01

RawDataGeneral Fund Base Data:Tuition & FeesProperty TaxMillsState AidAll OtherTotal RevenueTotal ExpendituresFYESCHESUndup HdctDelta$31,794,081$23,785,6902.0427$13,751,600$2,548,363$71,879,734$64,573,3938,0919,61517,125Grand Rapids$52,179,526$31,213,5661.7865$17,219,800$4,366,080$104,978,972$103,440,11212,14614,13424,614Henry Ford$56,040,314$13,006,6653.0000$20,898,900$2,351,821$92,297,700$83,733,79012,85913,92127,184Kalamazoo Valley$20,057,835$19,907,8242.4089$11,888,600$1,729,239$53,583,498$53,651,8077,8239,47718,176Mott$36,257,663$23,266,1441.9896$15,145,939$3,055,479$77,725,225$71,681,8588,69610,97221,463Schoolcraft$35,348,937$26,422,2711.7967$11,767,000$2,577,420$76,115,628$65,098,9179,59511,05834,904Washtenaw$31,825,112$49,905,1863.4056$12,149,000$6,297,279$100,176,577$87,551,3959,98412,34924,632Wayne County$40,464,885$71,221,8022.4769$16,574,349$2,735,741$130,996,777$95,012,80113,35815,94572,667Fiscal Year Equivalent Student (FYES):Tuition & FeesProperty TaxMillsState AidAll OtherTotal RevenueTotal ExpendituresFYESRev - Exp per FYESRev - Exp Total $Delta$3,930$2,9402.0427$1,700$315$8,884$7,9818,091$903$7,306,341Grand Rapids$4,296$2,5701.7865$1,418$359$8,643$8,51712,146$126$1,538,860Henry Ford$4,358$1,0113.0000$1,625$183$7,178$6,51212,859$666$8,563,910Kalamazoo Valley$2,564$2,5452.4089$1,520$221$6,850$6,8587,823$(8)$(68,309)Mott$4,170$2,6761.9896$1,742$351$9,866$8,2438,696$1,623$6,043,367Schoolcraft$3,684$2,7541.7967$1,226$269$7,933$6,7859,595$1,148$11,016,711Washtenaw$3,188$4,9983.4056$1,217$631$10,034$8,7699,984$1,265$12,625,182Wayne County$3,029$5,3322.4769$1,241$205$9,807$7,11313,358$2,694$35,983,976Contact Hour Equivalent Student (CHES):Tuition & FeesProperty TaxMillsState AidAll OtherTotal RevenueTotal ExpendituresCHESRev - Exp per CHESRev - Exp Total $Delta$3,307$2,4742.0427$1,430$265$7,476$6,7169,615$7607,306,341Grand Rapids$3,692$2,2081.7865$1,218$309$7,427$7,31814,134$1091,538,860Henry Ford$4,026$9343.0000$1,501$169$6,630$6,01513,921$6158,563,910Kalamazoo Valley$2,117$2,1012.4089$1,255$182$5,654$5,6629,477$(8)(68,309)Mott$3,305$2,1211.9896$1,380$278$7,819$6,53310,972$1,2866,043,367Schoolcraft$3,197$2,3891.7967$1,064$233$6,883$5,88711,058$99611,016,711Washtenaw$2,577$4,0413.4056$984$510$8,112$7,09012,349$1,02212,625,182Wayne County$2,538$4,4672.4769$1,039$172$8,216$5,95915,945$2,25735,983,976General Fund Base Data:Tuition & FeesProperty TaxMillsState AidAll OtherTotal RevenueTotal ExpendituresFYESCHESUndup HdctDelta$32,285,052$23,112,5422.0427$13,859,600$1,732,133$70,989,327$64,462,6918,0189,63318,613Grand Rapids$57,470,464$29,492,9231.7865$17,355,298$4,948,446$109,267,131$107,525,99112,41314,24225,605Henry Ford$58,781,735$12,090,0993.0000$21,068,500$1,767,944$93,708,278$92,072,85113,33114,35228,634Kalamazoo Valley$21,086,458$19,214,9062.4089$11,979,200$1,530,501$53,811,065$56,389,9797,7829,34717,647Mott$39,844,283$27,258,4031.9896$15,249,580$4,100,689$86,452,955$74,252,2538,19110,46720,836Schoolcraft$37,688,104$23,885,8541.7967$11,891,300$2,400,778$75,866,036$67,662,5819,68311,20335,018Washtenaw$33,602,081$46,345,0193.4056$12,266,500$5,039,462$97,253,062$88,557,9159,52211,84224,131Wayne County$45,680,353$63,433,1302.4769$16,742,379$3,556,664$129,412,526$93,310,42112,60515,12772,658Percentage of Total Revenue:Tuition & FeesProperty TaxMillsState AidAll OtherTotal RevenueDelta45%33%2.042720%2%100%Grand Rapids53%27%1.786516%5%100%Henry Ford63%13%3.000022%2%100%Kalamazoo Valley39%36%2.408922%3%100%Mott46%32%1.989618%5%100%Schoolcraft50%31%1.796716%3%100%Washtenaw35%48%3.405613%5%100%Wayne County35%49%2.476913%3%100%Percentage Based on Total Expenditures:Tuition & FeesProperty TaxMillsState AidAll OtherTotal RevenueTotal ExpendituresDelta50%36%2.042722%3%110%100%Grand Rapids53%27%1.786516%5%102%100%Henry Ford64%13%3.000023%2%102%100%Kalamazoo Valley37%34%2.408921%3%95%100%Mott54%37%1.989621%6%116%100%Schoolcraft56%35%1.796718%4%112%100%Washtenaw38%52%3.405614%6%110%100%Wayne County49%68%2.476918%4%139%100%

&LPrinted: &D &T&CACS Comparison Data 1998-99&R&A: &P of &N&LFelix Chow, CFO&CMottCC\President\DickShaink\&F&RCreated: 1/24/01

Sheet3

Sheet35495029054158095506409874927558944608926421741064026907628433958

Comparison of 8 MI CC's1998 - 1999 Total Revenue

125230311508614220704422109856941261396313468846129348507216657

1998 - 1999 Tuition & Fees

28743434190538529617297204970271750492416893318101384969900844

1998 - 1999 Property Taxes

1115012117525265196436811712868613509197109828971490248210108410

State Aid1998 - 1999 State Aid

2533704249283667558766418298084282904522932481208047

All Other1998 - 1999 All Other

3.30291.82762.491512.04271.85211.37452.8231

Mills1998 - 1999 Mills

1252303128743434111501212533704150861421905385217525265249283620704422961729719643681675587109856942049702717128686664182126139631750492413509197980842134688461689331810982897829045129348501013849614902482229324872166579900844101084101208047

Tuition & FeesProperty TaxState AidAll Other1998 - 1999 General Fund Revenue

2874343411150121125230312533704190538521752526515086142249283696172971964368120704422675587204970271712868610985694664182175049241350919712613963980842168933181098289713468846829045101384961490248212934850229324899008441010841072166571208047

Property TaxState AidTuition & FeesAll Other1998 -1999 General Revenue

3.30292.82312.49152.04271.85211.82761.37451

1998 - 1999 Millage Rate

0.32557770270.19523498230.45478740770.02439990730.2699157810.15883365690.52596296320.04528759890.12901847370.22483072410.62728433660.01886646560.35708094610.22261592480.39186100480.02844212430.3152975280.17639165720.46087820830.04743260660.31484252060.15674075810.4967717570.03164496430.4765404610.12612970480.34551180510.05181802910.4901622120.12937216760.35298246940.0274831511

Property TaxState AidTuition & FeesAll Other1998 - 1999 Percent of Revenue

0.21500188380.35854137710.50083314080.02687031790.16140560840.2742864560.53447974270.0460209290.22882423830.13131014050.63842635870.01920157770.2124349080.34075036630.37393980940.0271413650.2053753170.36710539950.53660705760.05522645890.17574410880.3530142310.55700068550.03548162020.13851387540.52333006030.37943622540.05690583390.17942667950.6798075640.48955253350.0381164715

State AidProperty TaxTuition & FeesAll OtherComparison of Expenditures PercentageBased on 1998 1999 ACS Data

0.19523498230.32557770270.45478740770.02439990730.15883365690.2699157810.52596296320.04528759890.22483072410.12901847370.62728433660.01886646560.22261592480.35708094610.39186100480.02844212430.17639165720.3152975280.46087820830.04743260660.15674075810.31484252060.4967717570.03164496430.12612970480.4765404610.34551180510.05181802910.12937216760.4901622120.35298246940.0274831511

State AidProperty TaxTuition & FeesAll OtherComparison of Revenue PercentagesBased on 1998 - 1999 ACS Data

Chart1538110657098932775866036864529559370827897253062109267131129412526

Current Year Comparison of State Peer Group Total Revenue

Sheet1Kalamazoo Valley$53,811,065Delta$70,989,327Schoolcraft$75,866,036Mott$86,452,955Henry Ford$93,708,278Washtenaw$97,253,062Grand Rapids$109,267,131Wayne County$129,412,526

Sheet3

Sheet30

Comparison of 8 MI CC's1998 - 1999 Total Revenue

Charts0

1998 - 1999 Tuition & Fees

0

1998 - 1999 Property Taxes

0

1998 - 1999 State Aid

0

1998 - 1999 All Other

0

1998 - 1999 Mills

0000

1998 - 1999 General Fund Revenue

0000

1998 -1999 General Revenue

0

1998 - 1999 Millage Rate

0000

1998 - 1999 Percent of Revenue

0000

Comparison of Expenditures PercentageBased on 1998 1999 ACS Data

0000

Comparison of Revenue PercentagesBased on 1998 - 1999 ACS Data

0

Comparison of Millage Rate

00

Comparison of FYES and CHES

0

Comparison of State Aid

0

Comparison of Total Revenue

Chart11.7865-3.761.7967-8.641.9896-10.982.0427-1.642.4089-3.142.4769-8.643-8.643.4056-5.33

Prior Year Comparison of Millage Rates/Property Tax Declines with State Grouping

Sheet1Grand Rapids1.7865(3.7600)Schoolcraft1.7967(8.6400)Mott1.9896(10.9800)Delta2.0427(1.6400)Kalamazoo Valley2.4089(3.1400)Wayne County2.4769(8.6400)Henry Ford3.0000(8.6400)Washtenaw3.4056(5.3300)

Sheet3

Sheet30

Comparison of 8 MI CC's1998 - 1999 Total Revenue

Charts0

1998 - 1999 Tuition & Fees

0

1998 - 1999 Property Taxes

0

1998 - 1999 State Aid

0

1998 - 1999 All Other

0

1998 - 1999 Mills

0000

1998 - 1999 General Fund Revenue

0000

1998 -1999 General Revenue

0

1998 - 1999 Millage Rate

0000

1998 - 1999 Percent of Revenue

0000

Comparison of Expenditures PercentageBased on 1998 1999 ACS Data

0000

Comparison of Revenue PercentagesBased on 1998 - 1999 ACS Data

0

Comparison of Millage Rate

00

Comparison of FYES and CHES

0

Comparison of State Aid

0

Comparison of Total Revenue

0

Comparison of Property Tax Revenue

0

Comparison of FYES

0

Comparison of CHES

Chart11.7865-2.391.7967-6.391.9896-6.762.0427-1.422.4089-0.652.4769-6.393-6.393.4056-2.85

Current Year Comparison of Millage Rates/Property Tax Declines with State Grouping

Sheet1Grand Rapids1.7865(2.3900)Schoolcraft1.7967(6.3900)Mott1.9896(6.7600)Delta2.0427(1.4200)Kalamazoo Valley2.4089(0.6500)Wayne County2.4769(6.3900)Henry Ford3.0000(6.3900)Washtenaw3.4056(2.8500)

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Comparison of 8 MI CC's1998 - 1999 Total Revenue

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Chart11147730011522700118273001333620014526400154259001664970020145000

Current Year Comparison of State Aid

Sheet1Schoolcraft$11,477,300Kalamazoo Valley$11,522,700Washtenaw$11,827,300Delta$13,336,200Mott$14,526,400Wayne County$15,425,900Grand Rapids$16,649,700Henry Ford$20,145,000

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Comparison of 8 MI CC's1998 - 1999 Total Revenue

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Chart11209009919214906231125422388585427258403294929234634501963433130

Current Year Comparison of State of Michigan Peer Group Property Tax Revenue

Sheet1Henry Ford$12,090,099Kalamazoo Valley$19,214,906Delta$23,112,542Schoolcraft$23,885,854Mott$27,258,403Grand Rapids$29,492,923Washtenaw$46,345,019Wayne County$63,433,130

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Comparison of 8 MI CC's1998 - 1999 Total Revenue

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Chart198.6820.9410.476.285.933.114.713.17

$54.61$153.29Current TuitionCapital Funding RestorationLost Property TaxesHealth Insurance IncreaseDebt ContributionContingency RestorationMPSERS IncreaseLost State Aid$3.11

Sheet1Current TuitionCapital Funding RestorationLost Property TaxesHealth Insurance IncreaseDebt ContributionContingency RestorationMPSERS IncreaseLost State Aid$98.68$20.94$10.47$6.28$5.933.114.713.17

Chart1108.0516.229.174.766.354.37

$40.87$148.92Current TuitionCapital Funding RestorationLost Property TaxesMPSERS IncreaseContingency RestorationReserve Funding

Sheet1Current TuitionCapital Funding RestorationLost Property TaxesMPSERS IncreaseContingency RestorationReserve Funding$108.05$16.22$9.17$4.76$6.354.37

total aid chart19983590400199938582442000398914620014550892200263533152003823225320049300200200510164405200610115860200710551764200813266797200916088496201024777218

&CTotal Aid Awarded by Academic YearAcademic yearTotal aidFederal Aid - Pell

All types398914631571958831748322002448682455089236086399813053613001210519635331534514910375331062981756602252615823225336043012174061169354002441991930020031382313613091399965001873225101644053380241835522204746500221151810115860327772240069925679350064317061055176430337331088663045380485008539720132667973701954275882425609011305081097121608849631137854743224816615550944100917275624777218332828765545552996877090620775907028034097393042938004655211323485010131398248700103434929029581426414096419159502

&CAid by TypePellSeogSub loanUnsub loanPlusACGWork StudyAcademic YearFinancial Aid Types

Pell chart6353315823225393002001016440510115860105517641326679716088496247772182779321731003085

Academic YearPell Awards

Loan chart588317483220998130536130103753310629817566121740611693540136130913999650183552220474650240069925679350310886630453804850427588242560901130554743224816615550947655455529968770906930429380046552113210343492902958142641

Sub loanUnsub loanPlusAcademic YearLoans 1997-2010

SEOG chart315719360863345149360430313823338024327772303373370195311378332828340973248700

SeogAcademic YearSeog 1997-2010

ACG chart0000000004100207753485040964

ACGAcademic YearACG 1997-2010

Work study244868212105192252615244199118732252211518643170685397208109712917275690702801013139819159502

Work study

2010 ac yr breakdown2010103434929029581426414096419159502

Academic Year 2010 Breakdown

spreadsheet viewAid yearAcademic yearPellSeogSub loanUnsub loanPlusACGWork studyTotal aid199719983,590,400315,719588,31748,322002,448,6824,542,758199819993,858,244360,863998,13053,613001,210,5195,270,850199920003,989,146345,1491,037,5331,062,9817,56602,252,6156,442,375200020014,550,892360,4301,217,4061,169,354002,441,9917,298,082200120026,353,315313,8231,361,3091,399,965001,873,2259,428,412200220038,232,253338,0241,835,5222,047,465002,211,51812,453,264200320049,300,200327,7722,400,6992,567,935006,431,70614,596,6062004200510,164,405303,3733,108,8663,045,3804,85008,539,72016,626,8742005200610,115,860370,1954,275,8824,256,09011,30508,109,71219,029,3322006200710,551,764311,3785,474,3224,816,61555,0944,1009,172,75621,213,2732007200813,266,797332,8287,655,4555,299,68770,90620,7759,070,28026,646,4482008200916,088,496340,9739,304,2938,004,65521,13234,85010,131,39833,794,3992009201027,435,773232,58010,755,4979,078,33834,00147,57520,465,88047,583,764

data sourceAid YearAcademic Year19971,998Pell3,590,400Aid yearAcademic yearPellSeogSub loanUnsub loanPlusACGWork studyTotal aidSEOG315,719199720003,989,146315,719588,31748,3220024486823,401,040Sub Loan587,837199820014,550,892360,863998,13053,6130012105192,623,125UnSub Loan48,322199920026,353,315345,1491,037,5331,062,9817,5660225261511,059,159Sub Loan480200020038,232,253360,4301,217,4061,169,35400244199113,421,434Total Title IV4,542,758200120049,300,200313,8231,361,3091,399,96500187322514,248,5222002200510,164,405338,0241,835,5222,047,46500221151816,596,934Aid YearAcademic Year2003200610,115,860327,7722,400,6992,567,93500643170621,843,972199819992004200710,551,764303,3733,108,8663,045,3804,8500853972025,553,953Pell3,858,2442005200813,266,797370,1954,275,8824,256,09011,3050810971230,289,981SEOG360,8632006200916,088,496311,3785,474,3224,816,61555,0944,1009,172,75635,922,761Sub Loan991,3182007201024,777,218332,8287,655,4555,299,68770,90620,7759,070,28047,227,149UnSub Loan53,6132008201127,793,217340,9739,304,2938,004,65521,13234,85010,131,39855,630,518Sub Loan6,8122009201231003085248,70010,343,4929,029,58142,64140,96419,159,50269,867,965Total Title IV5,270,850Academic yearTotal aid19983,590,400Aid YearAcademic YearAid year19993,858,244Aid yearWork study19992000199720003,989,146952,35819972,448,682Pell3,989,146199820014,550,89219981,210,519SEOG345,149199920026,353,31519992,252,615Sub Loan1,335200020038,232,25320002,441,991Sub Loan978,509200120049,300,20020011,873,225Sub Loan56,1462002200510,164,40520022,211,518Sub Loan1,5432003200610,115,86020036,431,706UnSub Loan998,1172004200710,551,76420048,539,720UnSub Loan63,6032005200813,266,79720058,109,712UnSub Loan4852006200916,088,49620069,172,756UnSub Loan7762007201024,777,21820079,070,280PLUS7,5662008200810,131,398Total Title IV6,442,3752009200919,159,502PellSeogAid YearAcademic Year24,777,218248,70020002001Academic yearSub loanUnsub loanPlusACGWork StudyPell4,550,892201010,343,4929,029,58142,64140,96419159502SEOG360,430Sub Loan1,136,320Sub Loan79,305Sub Loan1,781UnSub Loan1,089,307UnSub Loan72,095UnSub Loan6,643UnSub Loan1,309Total Title IV7,298,082Aid YearAcademic Year20012002Pell6,353,315SEOG313,823Sub Loan1,301,347Sub Loan59,468Sub Loan494UnSub Loan1,290,934UnSub Loan102,896UnSub Loan5,165UnSub Loan970Total Title IV9,428,412Aid YearAcademic Year20022003Pell8,232,253SEOG338,024Sub Loan5,184Sub Loan1,755,628Sub Loan73,292Sub Loan1,418UnSub Loan1,887,227UnSub Loan152,730UnSub Loan7,508Total Title IV12,453,264Aid YearAcademic Year20032004Pell9,300,200SEOG327,772Sub Loan3,200Sub Loan2,225,874Sub Loan163,202Sub Loan11,138Sub Loan485UnSub Loan2,323,726UnSub Loan228,413UnSub Loan15,796Total Title IV14,599,806Aid YearAcademic Year20042005Pell10,164,405SEOG303,373Sub Loan2,812,603Sub Loan270,490Sub Loan22,773Sub Loan3,000UnSub Loan2,636,938UnSub Loan385,002UnSub Loan18,283UnSub Loan5,157PLUS4,850Total Title IV16,616,867Aid YearAcademic Year20052006Pell10,115,860SEOG370,195Sub Loan3,963,277Sub Loan239,358Sub Loan22,419Sub Loan50,828UnSub Loan3,774,832UnSub Loan435,156UnSub Loan45,084UnSub Loan1,018PLUS11,305Total Title IV19,017,009Aid YearAcademic Year20062007Pell10,551,764ACG1,500ACG22,600SEOG311,378Sub Loan917Sub Loan5,053,786Sub Loan378,186Sub Loan35,900Sub Loan5,533UnSub Loan4,191,773UnSub Loan549,343UnSub Loan61,350UnSub Loan14,149PLUS51,699PLUS3,395Total Title IV21,144,030Aid YearAcademic Year20072008Pell13,266,797ACG16,875ACG23,900SEOG332,828Sub Loan12,042Sub Loan6,873,988Sub Loan679,544Sub Loan80,059Sub Loan8,331Sub Loan835Sub Loan656UnSub Loan11,119UnSub Loan4,620,062UnSub Loan591,789UnSub Loan56,981UnSub Loan15,918UnSub Loan481UnSub Loan3,337PLUS2,902PLUS60,605PLUS7,399Total Title IV26,498,825Aid YearAcademic Year20082009Pell16,088,496ACG22,500ACG212,350SEOG340,973Sub Loan60,816Sub Loan3,567Sub Loan8,530,215Sub Loan638,285Sub Loan65,087Sub Loan5,188Sub Loan1,135UnSub Loan53,171UnSub Loan6,515,342UnSub Loan1,225,147UnSub Loan184,232UnSub Loan21,813UnSub Loan4,950PLUS16,005PLUS5,127Total Title IV33,562,272Aid YearAcademic Year20092010Pell24,777,218ACG28,126ACG212,838SEOG248,700Sub Loan22,023Sub Loan626Sub Loan9,529,366Sub Loan726,777Sub Loan58,221Sub Loan4,838Sub Loan1,641UnSub Loan23,915UnSub Loan7,887,142UnSub Loan993,533UnSub Loan108,980UnSub Loan12,870UnSub Loan3,141PLUS3,838Plus8,640PLUS30,163Total Title IV44,314,964

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