Financial Aid & Scholarships 2022 Annual Report

FY 22 B Y THE N UMBERS

________________________________________________________________

Several offices within the Division of Enrollment Management play a role in awarding scholarships, such as the Offices of Financial Aid, Scholarship Services, Admissions and Recruitment. Students are required to complete the general scholarship application to be considered for university scholarships.

Grants are considered “gift aid” and therefore, do not need to be repaid. They are intended to assist students who have not yet earned or met the requirements for a 1 st bachelor’s degree (with the exception of the TEACH grant) and who are attending school at least part-time. Amounts disbursed for the 2021-22 academic year:

5,522 general scholarship applications submitted

Federal Pell Grant………………………$28,270,884 SEOG ……………………………………$2,219,246 University Grants ……………………….$10,777,387 Federal TEACH Grant …………………$31,591 State Grants …………………………….$11,499,116

1,384 general scholarships awarded

Over $3.7 million in endowed scholarships disbursed

_____________________________________________

In 2020, the University received a $10,000,000 gift to establish an initiative to assist juniors and seniors impacted by the COVID crisis to remain enrolled and graduate timely. The Panther Success Grant are unrestricted funds awarded by financial aid to those whose personal finances or financial aid is insufficient to satisfy their remaining college costs. Students were eligible for up to $2,000 per semester ($4,000 per year). Total Amounts Disbursed In 2020-21, there was 80% persistence

2020-21 ……………………………. $5,298,720 2021-22 ……………………………. $3,449,742

In 2021-22, there was 75% persistence

**The Office of Financial Aid will continue to award Panther Success Grants until the full $10,000,000 has been expended.

4

Made with FlippingBook interactive PDF creator