USING FINANCIAL AID DATA TO USING FINANCIAL AID DATA TO RESPOND TO INFORMATION RESPOND TO INFORMATION

REQUESTS: REAL WORLD REQUESTS: REAL WORLD EXAMPLES OF FINANCIAL AID EXAMPLES OF FINANCIAL AID

RESEARCHRESEARCH

Bonnie Joerschke, Purdue UniversityAl Hermsen, University of Michigan

MASFAAOctober 18, 2005Charleston, WV

GOALS

• Become familiar with information on your campus, the internet, or from external sources that will help you answer questions about your aid recipients or funds.

• Learn how to build comparative data.

GOALS

• Provide an overview of available and frequently used financial aid databases and their limitations

WHAT IS RESEARCH AND WHY DO IT?

• Research is a study or investigation to discover new facts or information.– Strategic metrics– Management issues– Daily operation

TYPES OF RESEARCH

• Qualitative– Surveys, interviews, focus groups– Answers the “who, what, when, where, and

how” of an issue– Value-oriented: behavior or attitude of

respondents– Cannot always be replicated– Analysis is more subjective

TYPES OF RESEARCH

• Quantitative– Data driven– More reliable data that can be replicated– Analysis is more objective

SOURCES OF INFORMATION

• Institution– Fund balances, utilization rates, etc.

• Agencies/Organizations– State agencies, lenders, the Dept. of

Education, guarantors, NASFAA, NACUBO, the College Board, NCES, etc.

• Internet vs. library

AVOIDING RESEARCH

• People avoid research because they:– Are not prepared– Don’t know what is involved– Don’t know how to ask/approach the issue– Have had little/no exposure to research– Don’t know available resources

EXAMPLES OF SIMPLE FINANCIAL AID RESEARCH

PURDUE UNIVERSITY WEST LAFAYETTE

ACADEMIC YEAR NATIONAL AVERAGE* AVERAGE AWARD

1991-1992 $1,530 $1,531

1992-1993 $1,543 $1,550

1993-1994 $1,506 $1,450

1994-1995 $1,502 $1,445

1995-1996 $1,515 $1,431

1996-1997 $1,577 $1,488

1997-1998 $1,696 $1,579

1998-1999 $1,878 $1,749

1999-2000 $1,933 $1,799

2000-2001 $2,070 $1,987

2001-2002 $2,298 $2,314

2002-2003 $2,436 $2,436

2003-2004 $2,467 $2,471

2004-2005 $2,441 $2,474

* Source: U.S. Department of Education, Office of Post Secondary Education, The ACE Fact Sheet on Higher Education, and FinAid.org:Pell Grant Historical Figures.

History of Average Federal Pell Awards

EXAMPLES OF SIMPLE FINANCIAL AID RESEARCH

2004-2005 2003-2004 2002-2003 2001-2002 2000-2001 1999-2000 1998-1999 1997-1998 1996-1997 1995-1996

Number of Recipients 5,499 5,507 5,395 5,160 4,850 4,863 5,258 4,877 4,818 4,958

Total Dollars Received $13,604,722 $13,606,513 $13,142,094 $11,528,126 $9,628,637 $8,749,179 $9,195,052 $7,700,701 $7,167,724 $7,094,963

Average Award $2,474 $2,471 $2,436 $2,234 $1,985 $1,799 $1,749 $1,579 $1,488 $1,431

Undergraduate Enrollment 30,747 30,851 30,908 30,987 30,899 30,835 30,159 29,122 28,567 27,982

Percent of Undergraduates with Pell Grants 18% 18% 17% 17% 16% 16% 17% 17% 17% 18%

PURDUE UNIVERSITY--WEST LAFAYETTE: TOTAL FEDERAL PELL GRANT RECIPIENTS

EXAMPLES OF SIMPLE FINANCIAL AID RESEARCH

Resident: 2004-2005 2003-2004 2002-2003 2001-2002 2000-2001 1999-2000 1998-1999 1997-1998 1996-1997 1995-1996

Maximum Pell $4,050 $4,050 $4,000 $3,750 $3,300 $3,125 $3,000 $2,700 $2,470 $2,340

Average Pell per Purdue Student $2,437 $2,453 $2,391 $2,190 $1,964 $1,791 $1,792 $1,553 $1,529 $1,478

Fees/Tuition $6,092 $5,860 $5,580 $4,164 $3,872 $3,724 $3,564 $3,370 $3,210 $3,060

Percent of Fees Covered by Average Pell 40% 42% 43% 53% 51% 48% 50% 46% 48% 48%

Percent of Fees Covered by Maximum Pell 67% 69% 72% 90% 85% 84% 84% 80% 77% 76%

PURDUE UNIVERSITY--WEST LAFAYETTE: FEDERAL PELL GRANT RECIPIENTS BY RESIDENCY

EXAMPLES OF SIMPLE FINANCIAL AID RESEARCH

Nonresident: 2004-2005 2003-2004 2002-2003 2001-2002 2000-2001 1999-2000 1998-1999 1997-1998 1996-1997 1995-1996

Maximum Pell $4,050 $4,050 $4,000 $3,750 $3,300 $3,125 $3,000 $2,700 $2,470 $2,340

Average Pell per Purdue Student $2,625 $2,543 $2,628 $2,450 $2,097 $1,833 $1,624 $1,686 $1,372 $1,306

Fees/Tuition $18,700 $17,640 $16,260 $13,872 $12,904 $12,348 $11,784 $11,170 $10,640 $10,130

Percent of Fees Covered by Average Pell 14% 14% 16% 18% 16% 15% 14% 15% 13% 13%

Percent of Fees Covered by Maximum Pell 22% 23% 25% 27% 26% 25% 25% 24% 23% 23%

PURDUE UNIVERSITY--WEST LAFAYETTE: FEDERAL PELL GRANT RECIPIENTS BY RESIDENCY

EXAMPLES OF SIMPLE FINANCIAL AID RESEARCH

FISCAL YEAR

RATE TYPE

PROGRAM TYPE

# BORROWERS

ENTERED REPMT &

DEFAULTED

# BORROWERS

ENTERING REPMT

COHORT DEFAULT

RATE

NATIONAL COHORT DEFAULT

RATE1987 Official FFEL 103 4786 2.2 17.61988 Official FFEL 89 4831 1.8 17.21989 Official FFEL 120 4412 2.7 21.41990 Official FFEL 101 3891 2.6 22.41991 Official FFEL 94 4002 2.3 17.81992 Official FFEL 113 3690 3.1 15.01993 Official FFEL 108 3888 2.7 11.61994 Official FFEL 136 4156 3.2 10.71995 Official FFEL 176 4379 4.0 10.41996 Official FFEL 239 4751 5.0 9.61997 Official FFEL 190 5196 3.6 8.81998 Official FFEL 164 5204 3.1 6.91999 Official FFEL 122 5249 2.3 5.62000 Official FFEL 142 5331 2.6 5.92001 Official FFEL 90 6431 1.3 5.42002 Official FFEL 84 4707 1.7 5.22003 Official FFEL 70 5287 1.3 4.5

PURDUE UNIVERSITY - WEST LAFAYETTE

FEDERAL STAFFORD LOAN COHORT DEFAULT RATES

EXAMPLES OF SIMPLE FINANCIAL AID RESERCH

FISCAL YEAR

RATE TYPE

COHORT DEFAULT

RATE

NATIONAL COHORT DEFAULT

RATEUniv. of Ill.

Ind. Univ.

Univ. of

Iowa

Univ. of

Mich.

Mich. State Univ.

Univ. of

Minn.

North-western

Univ.

Ohio State Univ.

Penn State Univ.

Univ. of

Wisc.1987 Official 2.2 17.61988 Official 1.8 17.21989 Official 2.7 21.41990 Official 2.6 22.41991 Official 2.3 17.81992 Official 3.1 15.01993 Official 2.7 11.61994 Official 3.2 10.7 3.3 3.2 3.3 3.8 4.9 3.5 1.4 5.5 3.0 2.91995 Official 4.0 10.4 4.8 4.8 3.7 4.0 5.0 5.1 1.3 6.3 3.5 2.51996 Official 5.0 9.6 4.0 5.3 3.5 3.8 5.4 3.5 1.7 4.4 4.1 2.81997 Official 3.6 8.8 4.5 5.3 4.2 4.2 6.4 4.6 1.6 6.9 4.9 1.81998 Official 3.1 6.9 3.4 4.3 3.7 2.8 5.0 3.1 1.4 5.0 3.8 2.11999 Official 2.3 5.6 2.4 4.4 3.1 2.6 3.9 1.9 0.6 4.3 3.2 1.02000 Official 2.6 5.9 2.4 4.8 3.2 2.3 3.4 2.6 0.5 3.9 3.3 1.22001 Official 1.3 5.4 1.7 3.9 2.4 2.4 2.7 2.3 0.7 4.2 4.2 1.22002 Official 1.7 5.2 1.6 3.2 2.2 1.7 2.4 2.0 0.9 3.7 3.8 1.02003 Official 1.3 4.5 1.3 2.4 1.8 1.2 1.9 1.6 0.8 2.7 2.6 0.8

PURDUE UNIVERSITY - WEST LAFAYETTE COMPARISON TO BIG TEN SCHOOLS' COHORT DEFAULT RATE

FEDERAL STAFFORD/FEDERAL DIRECT STAFFORD LOAN COHORT DEFAULT RATES

EXAMPLES OF SIMPLE FINANCIAL AID RESEARCH

(for Academic Years 1996-97 through 2005-06)

1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06Resident Costs:

Tuition & Fees $3,210 $3,370 $3,564 $3,724 $3,872 $4,164 $5,5801 $5,8601 $6,0921 $6,4581

Books & Supplies 670 710 750 750 780 830 830 890 940 980 Room & Board 4,520 4,880 5,260 5,500 5,800 6,120 6,340 6,700 7,020 6,830 Misc. & Travel 1,370 1,400 1,410 1,400 1,200 1,220 1,250 1,260 1,270 1,800 Resident Total Costs $9,770 $10,360 $10,984 $11,374 $11,652 $12,334 $14,000 $14,710 $15,322 $16,068Nonresident Costs:

Tuition & Fees $10,640 $11,170 $11,784 $12,348 $12,904 $13,872 $16,2601 $17,6401 $18,7001 $19,8241

Books & Supplies 670 710 750 750 780 830 830 890 940 980 Room & Board 4,520 4,880 5,260 5,500 5,800 6,120 6,340 6,700 7,020 6,830 Misc. & Travel 1,490 1,530 1,540 1,480 1,290 1,310 1,340 1,340 1,360 1,890 Nonresident Total Costs $17,320 $18,290 $19,334 $20,078 $20,774 $22,132 $24,770 $26,570 $28,020 $29,524

Note: Fees were rounded until 1998-99.

Purdue University--West Lafayette: Undergraduate Cost of Attendance

1Degree-seeking students that are continuously enrolled beginning in the Spring 2002 term (Continuing Students) are charged a reduced tuition/fee rate.

EXAMPLES OF SIMPLE FINANCIAL AID RESEARCH

School Resident Nonresident

Indiana University $17,602 $29,998Michigan State University $16,480 $28,216Northwestern University $44,592 $44,592Ohio State University $20,283 $31,506Pennsylvania State University $19,874 $30,110Purdue University--West Lafayette $16,068 $29,524University of Illinois--Champaign-Urbana $16,796 $30,882University of Iowa $16,142 $27,528University of Michigan--Ann Arbor $19,643 $38,031University of Minnesota--Twin Cities $18,430 $30,060University of Wisconsin--Madison $15,994 $29,994

Source: University websites as of October 7, 2006.

2005-06 BIG TEN UNDERGRADUATE COST OF ATTENDANCE(Living on campus and assumes full-time enrollment)

EXAMPLES OF SIMPLE FINANCIAL AID RESEARCH

2000-01 2001-02 2002-03 2003-04 2004-05

West Lafayette Enrolled 30,899 30,987 30,908 30,851 30,747Statewide Technology Enrolled 1,769 1,661 1,553 1,526 1,451Recipients 22,337 23,088 23,365 23,612 23,897Total Aid Undergraduates $161,105,235 $182,313,327 $206,924,945 $228,008,063 $241,832,936

West Lafayette Enrolled 6,972 7,221 7,656 7,996 7,906Recipients 4,963 6,784 7,563 7,648 7,354Total Aid Graduate/Professional $100,482,620 $106,630,729 $121,594,079 $134,081,094 $139,288,246

West Lafayette Enrolled 37,871 38,208 38,564 38,847 38,653Statewide Technology Enrolled 1,769 1,661 1,553 1,526 1,451Recipients 27,300 29,872 30,928 31,260 31,251Total Aid All Students $261,587,855 $288,944,056 $328,519,024 $362,089,157 $381,121,182

Purdue University--West Lafayette:Financial Aid Awarded to Students

(for Academic Years 2000-01 through 2004-05)

Undergraduates:

Graduate/Professional:

All Students:

EXAMPLES OF SIMPLE FINANCIAL AID RESEARCH

Type TypeLoans Loans

Scholarships1 Scholarships1

Grants & Awards Grants & AwardsWork Study Work StudyOther Employment Other EmploymentFee Remissions Fee RemissionsTotal Total

Source SourceFederal FederalInstitutional1 Institutional1

State StateOther Employment Other EmploymentPrivate PrivateTotal Total

Types and Sources of Financial Aid

(for Academic Year 2004-05)

Purdue University--West Lafayette

$35,225,471

Amount$135,833,057 $158,976,923

$381,121,182

Undergraduate

$13,248,936 $84,736,349

$43,670,102 $85,623,721$16,412,871 $16,558,718

Amount

$32,667,970

Types of Financial Aid

All Students

$381,121,182

Amount

$16,286,393$66,381,799

13,705,605 45,139,754

$77,112,179

All Students

$156,461,831Amount

$84,736,349$1,384,676

$132,464,804

$1,367,763$13,248,936

Sources of Financial Aid Undergraduate

$241,832,936

$14,664,029

$241,832,936

EXAMPLES OF SIMPLE FINANCIAL AID RESEARCH

1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05

Undergraduate 48.1% 51.6% 50.0% 49.0% 50.0% 48.0% 50.0% 47.7% 49.1% 48.5%Graduate 31.5% 31.2% 30.0% 33.0% 32.0% 34.0% 32.0% 26.6% 28.2% 30.7%Veterinary Medicine 91.5% 89.8% 91.0% 83.0% 83.0% 77.0% 87.0% 89.0% 80.5% 86.8%All Students 45.7% 48.5% 47.0% 47.0% 47.0% 46.0% 47.0% 43.4% 44.4% 44.5%

Undergraduate $12,965 $13,783 $14,071 $15,633 $14,874 $15,486 $15,677 $16,641 $17,510 $18,978Graduate 18,326 19,761 21,705 22,777 26,148 26,909 30,766 27,635 28,999 31,901Veterinary Medicine 39,593 49,435 54,571 48,402 54,703 59,276 53,885 65,632 72,095 72,652All Students $14,356 $17,660 $16,163 $17,377 $17,366 $18,138 $18,433 $19,043 $20,038 $21,990

Note: Graduate includes masters and doctoral students.

Purdue University--West Lafayette: Average Total Debt of Graduating Students With Debt(for Academic Years 1995-96 through 2004-05)

Degree LevelPercent of Graduating Students with Debt:

Average Total Debt of Graduating Students with Debt:

Year of Graduation

Students Graduating with Debt

0%

20%

40%

60%

80%

100%

95-96 96-97 97-98 98-99 99-00 00-01 01-02 02-03 03-04 04-05

Year Graduated

Stu

dent

s

Undergraduate Graduate Veterinary Medicine All Students

Average Total Debt

$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

95-96 96-97 97-98 98-99 99-00 00-01 01-02 02-03 03-04 04-05

Year Graduated

Ave

rage

Deb

t

Undergraduate Graduate Veterinary Medicine All Students

Student Financial Aid - West Lafayette

Page 1

December 18, 2004

FINANCIAL AID APPLICATIONS AND AWARDS 2003-04

ACTUAL 2003-04 STUDENT FINANCIAL AID AWARDS

Undergraduate Scholarships and Grants by Source2003-04

Total: $88,229,4582

Privately Funded Federal University Funded State

Misc/Personal$1,040

4%

Transportation$3001%

Books/Supplies$8903%

Room/Board$6,70025% Tuition and Fees

$17,640 67%

Total$26,570

Books/Supplies$8906%

Transportation$2201%

Tuition and Fees$5,86040%

Misc/Personal$1,040

7%

Room/Board$6,70046%

Total$14,710

UNDERGRADUATE COST OF ATTENDANCE 2003-04 ACADEMIC YEAR

Resident Nonresident

Total Federal Aid Applications (FAFSA) 19,907 2,201 12,635 34,743 35,434 -2%Fall Semester West Lafayette Enrollment 30,851 7,996 38,847 38,564 1%Fall Semester Statewide Technology Enrollment 1,526 - 1,526 1,553 -2%Total Unduplicated Aid Recipients 23,612 7,648 31,260 30,928 1%Average Aid per Student Recipient $9,656 $17,532 $11,583 $10,622 9%Aid Recipients as % of enrolled 73% 96% 77% 77%

% Recipients - Resident 52% 29%% Recipients - Non-Resident 21% 67%

Total2002-03

%Change

Under-graduate

Grad/Prof

Incomplete

FAFSA1Total

2003-04

Total Student Aid (Undergraduate and Graduate)

2003-04 $362,089,157

Scholarships/Grants Loans Employment

$111,804,81731%

$101,269,80528%

$149,014,53541%

$15,587,24118%

$30,422,30734%

$26,541,72030%

$15,678,19018%

Under- Grad/Prof Total Total %Scholarships and Grants graduate Temp/Other 2003-04 2002-03 Change

University Scholarships, Grants & Fee Remissions $19,087,856 $9,152,778 $28,240,634 $27,130,913 4%University Incentive Grant $2,512,523 $0 $2,512,523 $1,010,772 149%Athletic Grant-in-Aid $5,783,904 $59,439 $5,843,343 $5,421,221 8%State Awards $15,587,241 $189,949 $15,777,190 $13,750,719 15%Private Awards $9,605,082 $455,203 $10,060,285 $9,645,034 4%Indiana Resident Top Scholars $1,813,885 $0 $1,813,885 $1,105,995 64%Fellowships $242,749 $8,542,363 $8,785,112 $8,283,461 6%Federal Pell Grants $13,585,625 $20,888 $13,606,513 $13,142,094 4%Federal SEOG $1,929,862 $2,340 $1,932,202 $2,034,331 -5%Other Federal Grants $11,026,233 $1,671,885 $12,698,118 $11,644,065 9%

Subtotal $81,174,960 $20,094,845 $101,269,805 $93,168,605 9%

LoansFederal Stafford $54,739,940 $19,779,362 $74,519,302 $71,340,726 4%Federal Parent Loans (PLUS) $42,831,586 $2,000 $42,833,586 $35,783,772 20%Federal Perkins & Health Professions $4,785,246 $1,178,847 $5,964,093 $5,511,561 8%Purdue Loans $2,571,865 $244,000 $2,815,865 $3,167,628 -11%Private Loans $20,243,787 $2,637,902 $22,881,689 $16,208,735 41%

Subtotal $125,172,424 $23,842,111 $149,014,535 $132,012,422 13%

Employment & Employment RelatedFederal Work-Study Salaries $1,517,543 $13,403 $1,530,946 $1,394,537 10%Graduate Student Staff Salaries $0 $66,461,828 $66,461,828 $62,091,354 7%Other Part-Time University Salaries $13,088,638 $1,454,622 $14,543,260 $14,066,154 3%Employment Related Fee Remissions $5,626,693 $21,841,860 $27,468,553 $24,066,643 14%Other Employment Related Awards $1,427,805 $372,425 $1,800,230 $1,719,309 5%

Subtotal $21,660,679 $90,144,138 $111,804,817 $103,337,997 8%

Grand Total $228,008,063 $134,081,094 $362,089,157 $328,519,024 10%

Student Financial Aid - West Lafayette

1FAFSA = Free Application for Federal Student Aid 2Includes Scholarships/Grants, Institutional/Statutory Fee Remissions, Employment Related Fee Remissions and Other Employment Related Awards. 3Source: Purdue University Strategic Plan, Benchmark B7; 4This information excludes PLUS Loans (parent is borrower, not student);

5Prior to 2001 May Graduates only, subsequent years were annualized.

Source: Division of Financial Aid (Data as of 9/22/04) Page 1

December 18, 2004

DEBT OF GRADUATING STUDENTS4

2000-015

2001-02

Percentage of Graduating Students with Debt: Undergraduate: 48.2% 49.1%

Resident 79.2% 80.1%Nonresident 20.8% 19.9%

Peer Institutions3 45.6% 45.3%

Average Total Debt of Graduating Students with Debt: Undergraduate $15,486 $15,900

Resident $14,717 $15,349Nonresident $18,404 $18,123

Peer Institutions3 $17,071 $16,426

Percentage of Graduating Students with Debt: Graduate 34.0% 26.5% Veterinary Medicine 77.0% 79.0%

Average Total Debt of Graduating Students with Debt: Graduate $26,909 $26,844 Veterinary Medicine $59,276 $51,860

2002-03 2003-04

47.7% 49.1%77.7% 76.0%22.3% 24.0%47.0% n/a

$16,641 $17,510$15,981 $16,399$18,944 $21,033$17,176 n/a

26.6% 28.2%89.0% 80.5%

$27,635 $28,999$65,632 $72,095

Using Financial Aid Research Databases

Al Hermsen

University of Michigan

Cautions

• Understand the data base

• Like type instituitions

• Inflation factors

• Age of data

• Comparative Context

• Share your data

• Right number but wrong definition

How do your student budgets compare to other schools?

• PIRG higher ed website

• http:www.pirg.org/highered/

• This website contains data on student aid, college costs, textbook prices.

• Has links to individual state PIRG’s

• Also contains info on student debt and numerous articles on student aid

What affect do the tax table changes in need analysis have on efc’s?

• Grapevine website

• http://www.coe.ilstu.edu/grapevine/

• Provides reports on state taxes

• Also includes general fund appropriations for schools in the state and higher ed programs

How does your state compare to other states in support for higher

education?• Grapevine website

• http://www.coe.ilstu.edu/grapevine/

• Has extensive information on tax support for higher ed

How does your school compare to other schools in amount of financial

aid offered?• College Board website• www.collegeboard.com• “Trends in Student Aid” provides data

updated annually on financial aid distributed. Includes information by grant/loan/work

• “Trends in College Pricing” provides information on cost of attendance. Also, includes information on tuition discounting

How can you keep tract of ISIR and COD activity?

• Dept of Ed websites

• http://fp-mart.sfa.ed.gov.Login.asp

• https://codreports.cod.ed.gov

• https://cod.ed.gov.cod/Login

• Your systems area should be familiar with these to help answer this question

Where can I get inflation factors to support increases in student budgets?

• Research Seminar Quantitative Economics

• www.umich.edu/~rsqe

• This website provides information on economic forecasts

• Also provides information on past inflation factor that is needed to put longitudinal reports in constant dollars

How do your student wages compare to those at other schools?

• National Student Employment website

• http://nseastudemp.org/

• Helps answer the above question and provides other information on student employment issues

What is the debt burden of our students?

• NSLDS

• http://www.ifap.ed.gov/IFAPWebebApp/ currentNSLDSPag.jsp

• Can help provide information on loans taken at your school and at prior schools

• Some limitations

How do we compare to other schools?

• U.S. Department of Education• http://nces.ed.gov.ipeds.cool/• Provides comparative information on things like

budgets, enrollment, quality of aid packages, etc.• Other NCES websites

http://www.ed.gov.finaid/prof/resources/ data/opeloanvol.htmlhttp://nces.ed.gov//programs/projections/ch_3.

asp#table_C Http://nces.ed.gov/

Where can I find more information on the issue of rising college costs?

• Lumina Foundation• www.collegecosts.info• Lumina Fdn also provides a lot of other

useful information for financial aid offices• Possible source of funding for research

projects• http://luminafoundation.org/research/

index.html

Compare common data

• Use the Common Data Set sources for more information on comparing your school to others http://www.commondataset.org

• USNWR http://www.usnews.com/edu

• Wintergreen/Orchardhouse

• College Board

How does the size of our staff compare to other schools?

• Nasfaa• www.nasfaa.org• Provides updated survey information on the

number of staff in financial aid offices by a wide variety of breakdowns

• Also, provides information on salaries and even a manual on how to conduct research

• Consider other professional organization websites such as Aacrao and Nacubo

More ways to compare your school with others

• Intergrated Postsecondary Education Data System (IPEDS)

• http://nces/ed’gov/ipeds/• Peer analysis system allows comparison to a group

of peer institutions• Examples: number of students receiving loans,

average loan amounts, percentage receiving student aid, amount of state grants received

• Will compare your schools info to mean of like-type schools

How does my default rate compare to other schools?

• Dept of Ed official default rates

• http://www.ed.gov/offices/OSFAP/defaultmanagement/cdr/html

• Allows you to see the default rates at all FFEL and Direct Loan schools

• Can even see a list of schools that have successfully appealed

Other information available form NCES

• Electronic catalog

• National Education Data Resource Center (NEDRC) tables

• Quick tables

• News flash

• Data Analysis System (DAS)

NEDRC

• Responds to requests for specific analysis and tabulations on NCES data sets

• Provides assistance to new users

• Helps develop tables and graphs

• Contains over 200 tables on financial aid, education, employment, etc.

• http://nces.ed.gov/partners/nedrc/asp

Quick tables

• http://nces/ed.gov/quicktables/

• This source allows you to locate information in the inventory of NCES data basis and do comparative tables

• E.g. percentage of undergrads receiving selected types of aid in 1999-2000 vs 2002-03

Newsflash

• http://nces/ed/gov/newsflash/index.asp

• Provides information on new reports produced by NCES

DAS

• http://nces/ed/gov/dasol/• Produces tables and correlation matrices

using NCES data sets• Easily formatted in to a spreadsheet• 1000’s of variables• Produces means, medians, percent

distributions, etc.• New state data in NPSAS thru DAS

• Questions and Comments

• Other data bases you find helpful