FB94 UNDERGRADUATE AND GRADUATE FINANCIAL AID, 1990-1994 Boston College Fact Book, 1993-1994 Contact: factbook@bc.edu Date Posted: 09-01-94 ================================================================ UNDERGRADUATE AND GRADUATE FINANCIAL AID, 1990-1994 --------------------------------------------------------------------------------------- Thousands of Dollars 1989-90 1990-91 1991-92 1992-93 1993-94 --------------------------------------------------------------------------------------- Type of Aid - Undergraduate University Scholarships and Grants (1) $19,104 $21,106 $25,075 $27,641 $30,001 State Scholarships (2) 2,616 2,087 1,067 1,495 1,221 Pell Grants (3) 1,259 1,181 1,600 1,830 1,731 Supplemental Educational Opportunity Grants 1,360 1,363 1,596 1,407 1,407 Work-Study 1,730 1,771 1,903 2,162 2,543 Perkins Loans (4) 2,963 2,389 2,287 2,540 2,982 ------- ------- ------- ------- ------- Undergraduate Total (5) $29,032 $29,898 $33,528 $37,075 $39,885 --------------------------------------------------------------------------------------- Type of Aid - Graduate Work-Study 688 545 500 496 850 Perkins Loans (4) 1,516 1,371 1,368 1,246 1,475 ------------------------------------------------------------------------------ ------- Total Undergraduate and Graduate $31,237 $31,814 $35,396 $38,817 $42,192 --------------------------------------------------------------------------------------- --------------------------------------------------------------------------------------- Number of Awards 1989-90 1990-91 1991-92 1992-93 1993-94 --------------------------------------------------------------------------------------- Type of Aid - Undergraduate University Scholarships and Grants (1) 3,657 4,404 4,957 4,326 4,472 State Scholarships (2) 1,711 1,343 955 1,065 909 Pell Grants (3) 834 773 984 1,086 1,105 Supplemental Educational Opportunity Grants 997 870 1,072 1,231 1,144 Work-Study 1,385 1,296 1,345 1,551 1,267 Perkins Loans (4) 1,965 1,707 1,672 1,754 1,903 ------- ------- ------- ------- ------- Undergraduate Total (5) 10,549 10,393 10,985 11,013 10,800 --------------------------------------------------------------------------------------- Type of Aid - Graduate Work-Study 369 318 318 307 272 Perkins Loans (4) 491 518 479 430 550 --------------------------------------------------------------------------------------- Total Undergraduate and Graduate 11,409 11,229 11,782 11,750 11,622 --------------------------------------------------------------------------------------- (1) This statistic includes estimated 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 $7.6 million in 1993-94) administered by the various schools and departments. Also excluded are the Nursing Loan Program ($174,000 in 1993-94), a variety of government fellowships or scholarships from fraternal organizations and clubs ($2,376,953 in 1993-94), and loans processed by the Financial Aid Office ($48,455,349 in 1993-94) for undergraduate students, graduate students, or their parents. Source: Financial Aid Office