FB93 UNDERGRADUATE AND GRADUATE FINANCIAL AID, 1989-1993 Boston College Fact Book, 1992-93 ------------------------------------------------------------ ------------------------------------------------------------ Authored By: Executive Vice President's Office Posted By: Fact Book Editor Contact Phone Number: (617) 552-3264 Contact E-Mail: factbook@bc.edu Date Posted: 10-20-93 ------------------------------------------------------------ ------------------------------------------------------------ UNDERGRADUATE AND GRADUATE FINANCIAL AID, 1989-1993 --------------------------------------------------------------------------------------- Thousands of Dollars 1988-89 1989-90 1990-91 1991-92 1992-93 --------------------------------------------------------------------------------------- Type of Aid - Undergraduate University Scholarships and Grants (1) $16,914 $19,104 $21,106 $25,075 $27,641 State Scholarships (2) 2,905 2,616 2,087 1,067 1,495 Pell Grants (3) 1,106 1,259 1,181 1,600 1,830 Supplemental Educational Opportunity Grants 1,278 1,360 1,363 1,596 1,407 Work-Study 1,863 1,730 1,771 1,903 2,162 Perkins Loans (4) 2,868 2,963 2,389 2,287 2,540 ------- ------- ------- ------- ------- Undergraduate Total (5) $26,934 $29,032 $29,898 $33,528 $37,075 --------------------------------------------------------------------------------------- Type of Aid - Graduate Work-Study 532 688 545 500 496 Perkins Loans (4) 1,736 1,516 1,371 1,368 1,246 --------------------------------------------------------------------------------------- Total Undergraduate and Graduate $29,202 $31,237 $31,814 $35,396 $38,817 --------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------- Number of Awards 1988-89 1989-90 1990-91 1991-92 1992-93 --------------------------------------------------------------------------------------- Type of Aid - Undergraduate University Scholarships and Grants (1) 3,226 3,657 4,404 4,957 4,326 State Scholarships (2) 1,894 1,711 1,343 955 1,065 Pell Grants (3) 808 834 773 984 1,086 Supplemental Educational Opportunity Grants 941 997 870 1,072 1,231 Work-Study 1,361 1,385 1,296 1,345 1,551 Perkins Loans (4) 1,880 1,965 1,707 1,672 1,754 ------- ------- ------- ------- ------- Undergraduate Total (5) 10,110 10,549 10,393 10,985 11,013 --------------------------------------------------------------------------------------- Type of Aid - Graduate Work-Study 345 369 318 318 307 Perkins Loans (4) 508 491 518 479 430 --------------------------------------------------------------------------------------- Total Undergraduate and Graduate 10,963 11,409 11,229 11,782 11,750 --------------------------------------------------------------------------------------- (1) This statistic includes regular university scholarships and grants (through the operating budget), faculty kin tuition remission, minority scholarships, athletic grants, Jesuit Reduction, Alumni Association Scholarships, and endowed monies for scholarships. (2) State scholarship funds to students from Massachusetts, Vermont, Connecticut, New Jersey, Pennsylvania, Rhode Island, Maryland, Maine, New Hampshire; Gilbert Grants, and Herter Scholarships. (3) Pell Grant eligibility is determined directly by the Federal Government. (4) These loan funds (formerly called "National Direct Student Loans") are obtained by Federal Government contributions, Boston College contributions, and collections of previous loans awarded. (5) This is a duplicated total since some students receive more than one type of aid. Note: In an effort to minimize statistical detail, the above data does not include Boston College graduate student assistance (approximately $7.1 million in 1992-93) administered by the various schools and departments. Also excluded are the Nursing Loan Program ($253,000 in 1992-93), a variety of government fellowships or scholarships from fraternal organizations and clubs ($2,551,109 in 1992-93), and loans processed by the Financial Aid Office ($33,854,665 in 1992-93) for undergraduate students, graduate students, or their parents. Source: Financial Aid Office