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Student Scholarships and Grants (SSG) 2013-14 Annual Report Michigan Department of Treasury Student Financial Services Bureau Pursuant to PA 203 of 2010, Sec.315, “By February 15 of each year, the department of treasury shall submit a report to the state budget director, the house and senate appropriations subcommittees on higher education, and the house and senate fiscal agencies for the preceding fiscal year on all student financial aid programs for which funds are appropriated in part 1.” Since all of the student financial aid programs for which funds were appropriated are administered by the Department of Treasury, Student Scholarships and Grants, this report will be referred to as the Student Scholarships and Grant Annual Report. Find us online at www.michigan.gov/SSG/AboutUs/Annual Reports. i Student Scholarships and Grants 2014 Student Financial Aid Reports Report Page Fund Distribution by Fund Source ........................................................................................................ 1 Michigan Competitive Scholarship (MCS) and Michigan Tuition Grant (MTG) Cumulative Program Performance ........................................................................................................ 2 Michigan Competitive Scholarship (MCS) and Michigan Tuition Grant (MTG) by Number of Students Served ............................................................................................................. 3 Michigan Competitive Scholarship (MCS) and Michigan Tuition Grant (MTG) Recipients by Characteristics ................................................................................................................ 4 Michigan Competitive Scholarship (MCS) and Michigan Tuition Grant (MTG) Recipients by Family Income and Prior Year Comparison ................................................................... 5 Combined Michigan Competitive Scholarship (MCS) and Michigan Tuition Grant (MTG) Recipients and Non-recipients by Gross Income .................................................................................. 6 Michigan Competitive Scholarship (MCS) Freshman Awards by Fiscal Year ...................................... 7 Michigan Competitive Scholarship (MCS) and Michigan Tuition Grant (MTG) by College Sector….8-9 Michigan Competitive Scholarship (MCS) and Michigan Tuition Grant (MTG) by Institution……..10-11 Merit Military Payments to Michigan Institutions ................................................................................. 12 Children of Veterans Tuition Grant Program (CVTG) ................................................................... 13-15 Police Officer’s and Fire Fighter’s Survivor’s Tuition Grant (STG) Waiver ......................................... 16 Tuition Incentive Program (TIP) .................................................................................................... 17-21 Dual Enrollment ................................................................................................................................... 22 GEAR UP Michigan! Scholarship (GEAR UP 1) ........................................................................... 23-24 GEAR UP College Day Scholarship (GEAR UP 2) ....................................................................... 25-26 Michigan Department of Treasury Student Financial Services Bureau (SFSB) ii STUDENT SCHOLARSHIPS AND GRANTS ANNUAL REPORT 2014 Fund Distribution by Fund Source* Program Volume Amount Children of Veterans Tuition Grant 418 1,006,303 Dual Enrollment 798 632,851 GEAR UP Michigan! Scholarship 35 122,980 GEAR UP College Day 245 1,259,881 Michigan Competitive Scholarship* 31,161 18,164,609 Michigan Merit Award 5 8,063 Michigan Tuition Grant* 22,642 31,271,999 Police Officer's and Firefighter's Tuition Waiver 12 90,850 Tuition Incentive Program 17,989 45,720,824 TOTAL 73,305 $98,278,360 *Totals for MCS/MTG are noted as Award Type in the chart below. Other sections of the report show distribution by Fund Source. See the chart below. Award Type versus Fund Source By Student Michigan Number of Awards by Type of Award Competitive Michigan Tuition Grant Scholarship 37,003 16,800 Number Receiving Supplement -5,842 +5842 Number Receiving by Fund Source 31,161 22,642 SSG 2014 Appendices 1 Michigan Competitive Scholarship (MCS) Program provides renewable scholarships for students enrolled in approved degree-granting Michigan colleges and universities based on academic merit (ACT exam) and financial need. The maximum award is to be determined annually by the Department of Treasury. Legal Citation Public Act 208 lf 1964 Michigan Tuition Grant (MTG) Program provides grant assistance to needy students attending Michigan non-profit, independent colleges and universities. The maximum award is to be determined annually by the Department of Treasury. Legal Citation Public Act 313 of 1966 Student Scholarships and Grants Michigan Competitive Scholarship (MCS) and Michigan Tuition Grant (MTG) Cumulative Program Performance Initial Average Program Year Awards Amount Award Eligibility Requirements Michigan Competitive 1964 1,109,594 $1,143,521,132 $1,031 ACT score and financial need Scholarship Michigan Tuition Grant 1966 988,527 $1,427,092,972 $1,444 Financial need Total 2,098,121 2,570,614,104 Footnote In this table, the total dollar amount for MCS includes supplemental funds from the MTG Program for MCS students attending independent institutions. SSG 2014 Appendices 2 Student Scholarships and Grants Michigan Competitive Scholarships (MCS) and Michigan Tuition Grants (MTG) by Number of Students Served Fiscal Year MCS MTG 2013-14 31,161 22,642 2012-13 33,891 22,226 2011-12 34,413 21,827 2010-11 34,943 22,269 2009-10 32,220 23,520 2008-09 28,832 35,660 2007-08 27,885 35,518 2006-07 27,802 34,141 2005-06 26,434 35,942 2004-05 28,580 37,958 2003-04 29,485 37,045 2002-03 29,512 36,961 2001-02 28,276 32,844 2000-01 29,612 30,544 1999-00 28,463 28,441 1998-99 29,217 30,456 1997-98 30,100 30,026 1996-97 28,829 31,459 1995-96 28,217 30,583 1994-95 26,596 31,704 1993-94 26,986 31,660 1992-93 25,764 30,939 1991-92 25,487 28,019 1990-91 24,279 26,872 1989-90 25,126 24,331 1988-89 23,999 22,356 1987-88 24,083 19,649 1986-87 23,133 18,174 1985-86 22,193 17,671 1984-85 20,104 15,287 1983-84 18,199 13,717 1982-83 18,046 13,436 1981-82 19,066 12,706 1980-81 21,520 11,748 1979-80 18,196 13,811 1978-79 17,659 13,496 1977-78 18,004 12,656 1976-77 17,519 11,370 1975-76 15,971 9,484 1974-75 15,625 8,456 1973-74 13,953 7,703 1972-73 15,581 7,920 1971-72 16,274 7,785 1970-71 15,565 7,885 1969-70 16,152 8,497 1968-69 15,277 8,576 1967-68 13,655 5,579 1966-67 9,515 2,638 Total 1,131,399 1,024,187 SSG 2014 Appendices 3 Student Scholarships and Grants Michigan Competitive Scholarship (MCS) and Michigan Tuition Grant (MTG) Recipients by Characteristics MCS MTG Category Number Percent Number Percent Gender Female 17,142 55.01% 13,993 61.80% Male 14,019 44.99% 8,649 38.20% Totals 31,161 22,642 Class Level Freshman 9,621 30.88% 4,577 20.21% Sophomore 6,881 22.08% 4,938 21.81% Junior 6,493 20.84% 6,080 26.85% Senior 8,012 25.71% 5,904 26.08% Special 154 0.49% 1,143 5.05% Totals 31,161 22,642 Family Relationship Dependent 28,912 92.78% 11,442 50.53% Independent 2,249 7.22% 11,200 49.47% Totals 31,161 22,642 SSG 2014 Appendices 4 Student Scholarships and Grants Michigan Competitive Scholarship (MCS) and Michigan Tuition Grant (MTG) Recipients by Family Income and Prior Year Comparison Dependent Students MCS MTG Total 2013-14 2012-13 2013-14 2012-132013-14 2012-13 Taxable Income Number Percent Number Percent Number Percent Number Percent Number Percent Number Percent Not Provided 16 0% 34 0% 7 0% 11 0% 23 0% 45 0% $0-5,999 1,024 4% 1,184 4% 598 5% 627 6% 1,622 4% 1,811 4% 6,000-11,999 801 3% 956 3% 452 4% 408 4% 1,253 3% 1,364 3% 12,000-19,999 1,648 6% 1,834 6% 811 7% 835 8% 2,459 6% 2,669 6% 20,000-24,999 1,217 4% 1,330 4% 527 5% 471 4% 1,744 4% 1,801 4% 25,000-29,999 1,129 4% 1,347 4% 517 5% 540 5% 1,646 4% 1,887 4% 30,000-34,999 1,171 4% 1,379 4% 495 4% 509 5% 1,666 4% 1,888 4% 35,000-39,999 1,318 5% 1,546 5% 471 4% 479 4% 1,789 4% 2,025 5% 40,000-49,999 2,606 9% 2,898 9% 948 8% 965 9% 3,554 9% 3,863 9% 50,000 - or more 17,982 62% 18,470 60% 6,616 58% 6,218 56% 24,598 61% 24,688 59% Total 28,912 100% 30,978 100% 11,442 100% 11,063 100% 40,354 100% 42,041 100% Average Total Income $ 65,124 $ 62,380 $ 63,526 $ 61,458 $ 64,671 $ 62,138 Independent Students MCS MTG Total 2013-14 2012-13 2013-14 2012-13 2013-14 2012-13 Taxable Income Number Percent Number Percent Number Percent Number Percent Number Percent Number Percent Not Provided 23 1% 52 2% 93 1% 82 1% 116 1% 134 1% $0-5,999 788 35% 958 30% 2,010 18% 2,159 19% 2,798 21% 3,117 22% 6,000-11,999 498 22% 613 20% 1,398 12% 1,458 13% 1,896 14% 2,071 15% 12,000-19,999 464 21% 645 21% 1,941 17% 1,979 18% 2,405 18% 2,624 19% 20,000-24,999 146 6% 213 8% 1,018 9% 965 9% 1,164 9% 1,178 8% 25,000-29,999 118 5% 151 6% 796 7% 791 7% 914 7% 942 7% 30,000-34,999 67 3% 90 4% 663 6% 641 6% 730 5% 731 5% 35,000-39,999 36 2% 56 2% 562 5% 479 4% 598 4% 535 4% 40,000-49,999 61 3% 77 3% 738 7% 780 7% 799 6% 857 6% 50,000 - or more 48 2% 58 3% 1,981 18% 1,829 16% 2,029 15% 1,887 13% Total 2,249 100% 2,913 100% 11,200 100% 11,163 100% 13,449 100% 14,076 100% Average Total Income $ 12,735 $ 13,133 $ 28,263 $ 27,020 $ 25,667 $ 24,146 SSG 2014 Appendices 5 Student Scholarships and Grants Combined Michigan Competitive Scholarship (MCS) and Michigan Tuition Grant (MTG) Recipients and Non-recipients by Gross Income Dependent Students
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