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National Association of Independent ........ Colleges and Universities MEMORANDUM To: Policy Group From: Tony Re: "Quick Facts About Independent Colleges and Universities" Date: August 5, 1999 The attached document, "Quick Facts About Independent Colleges and Universities," will soon be posted to the Newsroom section of the NAICU Web site. As you'll see, it's largely a repackaging of information already found in the National Profile and other NAICU publications. "Quick Facts"--and the rest of the Newsroom section--is designed primarily for journalists, though other Web site visitors--campus officials, parents, students, etc.--are also expected to use it. Please review the document, and return your comments to me as soon as possible. Attachment naicu 1025 Connecticut Avenue, N.W. Suite 700 Washington, D.C. 20036-5405 202/785-8866 FAX: 202/835-0003 Quick Facts About Independent Colleges and Universities History Students Price and Student Aid Definition Student Productivity Student Aid Funding Institutions Earning Potential Community Impact Note: The statistics provided in this overview are the most recent available as of August 1999. History Independent colleges and universities--also known as private colleges and universities-- are older than our nation itself. The first American independent institution--Harvard University--was founded in 1636. For more than three centuries, independent colleges and universities have prepared students for full lives, productive careers, and citizenship in a pluralistic society. Definition Independent colleges and universities are free of direct state or federal government control. Independent institutions are each governed by a board of trustees made up of community and business leaders, alumni, faculty, students, and other private citizens. The board of an independent college is the institution's legal owner and final authority. It sets the institution's mission and purpose, appointing and monitoring the progress of the president or chancellor, guiding strategic planning, and ensuring strong management. The independence of private colleges and universities allows them to adapt quickly to ever-evolving student needs, technological advancements, and social trends. Independence gives each private institution the opportunity to develop a distinctive nature, allowing them collectively to provide students with a full range of educational experiences from which to choose. Institutions Number of independent (also known as private) nonprofit colleges and universities in the United States: 1,633 Portion of all nonprofit American colleges and universities that are independent: 50 percent Types of institutions that make up independent higher education: Traditional liberal arts colleges, major research universities, church- and faith-related institutions, historically black colleges and universities, women's colleges, performing and visual arts institutions, two-year colleges, and schools of law, medicine, engineering, business, and other professions. Students Number of students enrolled at independent colleges and universities: 2.9 million Average enrollment at an independent institution: 1,797 (Compared to 6,953 at a public college or university) Average annual rate of increase in enrollment at independent colleges and universities between 1983 and 1996: 1.1 percent Projected annual growth rate in enrollment at independent colleges and universities between 1997 and 2008: 1.1 percent Portion of all college students who are enrolled in independent colleges and universities: 21 percent Portion of all college graduates who earn degrees from independent colleges and universities: Bachelor's: 34 percent Graduate: 43 percent Professional (such as law, medicine, engineering, or business): 61 percent Portion of students at independent four-year colleges and universities who are the first in their family to attend college: 33 percent (Compared to 34 percent at public four-year institutions) Portion of students at independent four-year colleges and universities who belong to a racial or ethnic minority group: 24 percent (Compared to 25 percent at public four-year institutions) Portion of students at independent four-year colleges and universities with a family income of less than $30,000: 27 percent (Compared to 28 percent at public four-year institutions) Portion of full-time students who receive a bachelor's degree from an independent college or university in four years or less: 65 percent (Compared to 34 percent of graduates at public four-year institutions) Portion of first-generation students enrolled at independent colleges and universities who earn a bachelor's degree within five years: 63 percent (Compared to 46 percent at public institutions) Student Productivity Twenty-one percent of all college students enroll in independent colleges and universities. These students achieve more than their fair share of success: Portion of Standard and Poor's 70,000 leading executives who received an undergraduate degree from an independent college or university: 50 percent Portion of U.S. Representatives who received their undergraduate degrees from an independent college or university: 50 percent (219 of 435) Portion of college-educated U.S. Presidents who graduated from an independent college or university: 66 percent (21 of 32) Portion of 1999 Rhodes Scholarship recipients who are enrolled in independent colleges and universities: 78 percent (25 of 32) Portion of 1999 Truman Scholars who are enrolled in independent colleges and universities: 56 percent (44 of 79) Portion of 1999 Marshall Scholarship recipients who are enrolled in independent colleges and universities: 73 percent (29 of 40) Portion of 1998 National Merit Scholars who enrolled in independent colleges and universities: 57 percent (4,179 of 7,320) Portion of students on USA Today's 1999 All-USA College First Academic Team who are enrolled in independent colleges and universities: 75 percent (15 of 20) Portion of students on USA Today's 1999 All-USA High School First Academic Team who enrolled in independent colleges and universities: 95 percent (19 of 20) Earning Potential In 1997, the average income of independent college and university bachelor's degree recipients four years after earning their undergraduate degree: $38,806 for a graduate of a doctorate granting institution (Compared to $34,340 for a graduate of a public doctorate granting institution) $33,858 for a graduate of a non-doctorate granting institution (Compared to $31,967 for a graduate of public non-doctorate granting institution) Average lifetime earnings based on level of education (figures do not differentiate between the graduates of private and public institution): High school graduate $979,000 Some college $1,216,000 Associate degree $1,229,000 Bachelor's degree $1,627,000 Master's degree $1,957,000 Doctorate $2,834,000 Professional degree (e.g., doctor, lawyer) $3,746,000 Price and Student Aid Average annual tuition and fees at independent colleges and universities (before student aid is considered) in 1998-99: $14,508 (four-year institution) $7,333 (two-year institution) Rate of increase over previous year: 5 percent (Rate of annual increase 10 years ago: 9 percent; 5 years ago: 7 percent) Average room and board figures at independent colleges and universities (before student aid is considered) in 1998-99: $5,765 (four-year institutions) $4,666 (two-year institutions) Percentage of full-time undergraduates at four-year independent colleges and universities who received some form of student aid in 1995-96: 80 percent Average annual aid award for full-time undergraduates at four-year independent colleges and universities in 1995-96: $10,794 Average debt for a student graduating with a bachelor's degree from a private institution in 1995-96: $14,300 (Compared to $12,000 for a graduate of a public institution) On average, the percentage of the total cost of educating a student that is covered by tuition at independent colleges and universities: 62 percent (Independent colleges and universities pick up the rest of the cost through gifts from alumni and other benefactors, endowment earnings, and auxiliary enterprises. The cost of educating a student at a public institution is largely picked up through state subsidies.) Student Aid Funding Total amount independent colleges and universities provided from their own resources in financial assistance to undergraduates in 1996-97: $6 billion From 1980-81 to 1998-99, rate of change in the amount of aid provided to students by independent colleges and universities (in inflation-adjusted dollars): 328 percent From 1980-81 to 1998-99, rate change in the amount of federal funding provided for key student aid programs (in inflation-adjusted dollars): -36 percent Community Impact Number of people nationwide employed by independent colleges and universities: 750,000 Cumulative impact of independent colleges and universities on their local economies: $190 billion Additional cost to taxpayers if public institutions were to assume responsibility of educating students now attending independent colleges and universities: $13 billion Clinton Presidential Records Digital Records Marker This is not a presidential record. This is used as an administrative marker by the William J. Clinton Presidential Library Staff. This marker identifies the place of a publication. Publications have not been scanned in their entirety for the purpose of digitization. To see the full publication please search online or visit the Clinton Presidential Library's Research Room. Independent Colleges and Universities A National Profile nacu Caldwell College Georgian Court College New Mexico Sr. Patrice Werner O.P. Sr. Barbara A. Williams RSM President President 9 Ryerson Ave. 900 Lakewood Ave. College of Santa Fe Caldwell, NJ 07006-6195 Lakewood, NJ 08701-2697 Dr. James A. Fries President (973) 618-3217 217 (732) 364-2200 1600 St. Michael's Dr. Fax: (973) 618-3900 Fax: (732) 901-9466 Santa Fe, NM 87505-7634 [email protected] [email protected] (505) 473-6234 Centenary College Monmouth University Fax: (505) 473-6125 Dr. Stephanie M. Bennett-Smith Dr. Rebecca Stafford [email protected] President President 400 Jefferson St. Cedar Ave. College of the Southwest Hackettstown, NJ 07840 West Long Branch, NJ 07764 Mrs. Joan M. Tucker President (908) 852-1400 (732) 571-3402 Fax: (908) 850-9508 Fax: (732) 263-5117 6610 Lovington Hwy. Hobbs, NM 88240-1097 rstaffor.mondec.monmouth.edu College of Saint Elizabeth (505) 392-6561 Sr. Francis Raftery S.C. Princeton University Fax: (505) 392-6006 President Dr. Harold T. Shapiro 2 Convent Rd. President Morristown, NJ 07960-6989 1 Nassau Hall New York (973) 290-4475 Princeton, NJ 08544-0015 Fax: (973) 290-4485 (609) 258-6100 Adelphi University [email protected] Fax: (609) 258-1615 Dr. Matthew Goldstein [email protected] President Drew University 101 Levermore Hall Mr. Thomas H. Kean Rider University Garden City, NY 11530 36 Madison Ave. Dr. J. Barton Luedeke (516) 877-3838 Madison, NJ 07940 President Fax: (516) 877-3845 (973) 408-3100 2083 Lawrenceville Rd. [email protected] Fax: (973) 408-3080 Lawrenceville, NJ 08648 (609) 896-5001 Albany College of Pharmacy Fairleigh Dickinson University Fax: (609) 895-5681 Dr. James J. Gozzo Dr. Francis J. Mertz [email protected] President President 106 New Scotland Ave. 1000 River Rd. Saint Peter's College Albany, NY 12208-3492 Teaneck, NJ 07666 Rev. James N. Loughran S.J. (518) 445-7211 (201) 692-7100 President Fax: (518) 445-7202 Fax: (201) 692-7099 2641 Kennedy Blvd. Jersey City, NJ 07306-5997 Albany Law School Felician College (201) 915-9014 Mr. Thomas H. Sponsler Sr. Theresa M. Martin C.S.S.F Fax: (201) 451-3515 President and Dean President [email protected] 80 New Scotland Ave. 262 S. Main St. Albany, NY 12208-3494 Lodi, NJ 07644-2198 Seton Hall University (518) 445-2311 (973) 778-1190 V. Rev. Thomas R. Peterson Fax: (518) 472-5865 Fax: (973) 778-4111 Chancellor [email protected] [email protected] 400 S. Orange Ave. South Orange, NJ 07079-1478 (973) 761-9614 Fax: (973) 761-9071 New Mexico-New York 43 nacu Alfred University Boricua College College of Mount Saint Vincent Dr. Edward G. Coll Jr. Dr. Victor G. Alicea Dr. Mary C. Stuart President President President Saxon Dr. 3755 Broadway 6301 Riverdale Ave. Alfred, NY 14802-1205 New York, NY 10032-1599 Riverdale, NY 10471-1093 (607) 871-2101 (212) 694-1000 (718) 405-3200 Fax: (607) 871-2339 Fax: (212) 694-1015 Fax: (718) 549-2603 [email protected] Bramson ORT Technical Institute College of New Rochelle Audrey Cohen College Dr. Alan Stein Dr. Stephen J. Sweeny Ms. Alida Mesrop Director President President 69-30 Austin St. 29 Castle Pl. 75 Varick St., 14th Fl. Forest Hills, NY 11375 New Rochelle, NY 10805 New York, NY 10013-1919 (718) 261-5800 (914) 654-5430 (212) 343-1234 Fax: (718) 575-5118 Fax: (914) 654-5980 Fax: (212) 343-8560 [email protected] [email protected] [email protected] Canisius College The College of Saint Rose Bank Street College of Education Rev. Vincent M. Cooke S.J. Dr. Mark Sullivan Dr. Augusta Souza Kappner President 432 Western Ave. President 2001 Main St. Albany, NY 12203-1419 610 W. 112th St. Buffalo, NY 14208 (518) 454-5120 New York, NY 10025-1120 (716) 888-2100 Fax: (518) 458-5447 (212) 875-4595:(212) 875-4594 Fax: (716) 888-3220 [email protected] Columbia University Cazenovia College Dr. George E. Rupp Barnard College Dr. Adelaide V. Titus President Ms. Judith R. Shapiro President 202 Low Memorial Library President Seminary St. New York, NY 10027 3009 Broadway Cazenovia, NY 13035 (212) 854-2825 New York, NY 10027-6598 (315) 655-7000 Fax: (212) 854-6466 (212) 854-2021 Fax: (315) 655-4143 RUPP@COLUMBIA Fax: (212) 854-8361 [email protected] [email protected] The Cooper Union Colgate University Dr. John Jay Iselin Beth HaMedrash Shaarei Yosher Dr. Neil R. Grabois President Institute President 30 Cooper Sq. Rabbi J. Mayer 13 Oak Dr. New York, NY 10003-7183 Chief Executive Officer Hamilton, NY 13346 (212) 353-4240 4102-10 16th Ave. (315) 228-7444 Fax: (212) 353-4244 Brooklyn, NY 11204 Fax: (315) 228-7798 [email protected] (718) 854-2290 [email protected] Fax: (718) 436-9045 Cornell University College of Insurance Dr. Hunter R. Rawlings III Beth Medrash Govoha Dr. Ellen Thrower President Executive Office President 300 Day Hall Rabbi Yankel J. Weisberg 101 Murray St. Ithaca, NY 14853-2801 Administrative Dean New York, NY 10007 (607) 255-5201 1251 51st St. (212) 815-9217 Fax: (607) 255-9924 Brooklyn, NY 11219-3550 Fax: (212) 815-9284 (718) 438-8300 [email protected] Fax: (718) 435-6753 [email protected] (See New Jersey for Main Campus) 44 New York-New York nacu The Culinary Institute of America Hamilton College Ithaca College Mr. Ferdinand E. Metz Dr. Eugene M. Tobin Dr. Peggy R. Williams President President President 433 Albany Post Rd. 198 College Hill Rd. 300 Job Hall Hyde Park, NY 12538-1499 Clinton, NY 13323 Ithaca, NY 14850-7001 (914) 452-9600 (315) 859-4105 (607) 274-3111 Fax: (914) 452-0165 Fax: (315) 859-4991 Fax: (607) 274-1500 [email protected] D'Youville College Jewish Theological Seminary of Sr. Denise A. Roche G.N.S.H. Hartwick College America President Dr. Richard A. Detweiler Dr. Ismar Schorsch 320 Porter Ave. President Chancellor Buffalo, NY 14201-1084 Oneonta, NY 13820 3080 Broadway (716) 881-7673 (607) 431-4990 New York, NY 10027-4649 Fax: (716) 881-7780 Fax: (607) 431-4206 (212) 678-8000 [email protected] Fax: (212) 678-8947 Daemen College [email protected] Dr. Martin J. Anisman Hobart & William Smith Colleges President Dr. Richard H. Hersh Kehilath Yakov Rabbinical 4380 Main St. President Seminary Amherst, NY 14226-3592 Geneva, NY 14456 Mr. Sandor Schwartz (716) 839-8210 (315) 781-3309 President Fax: (716) 839-8279 Fax: (315) 781-3334 206 Wilson St. [email protected] Brooklyn, NY 11211 Dominican College of Blauvelt (718) 963-1212 Sr. Mary Eileen O' Brien O.P. Hofstra University President Dr. James M. Shuart Keuka College 470 Western Hwy. President Dr. Joseph G. Burke Orangeburg, NY 10962 101 Hofstra University President (914) 359-7800 Hempstead, NY 11550-1090 Keuka Park, NY 14478-0098 Fax: (914) 359-2313 (516) 463-6800 (315) 536-5201 Fax: (516) 463-6096 Fax: (315) 536-5392 Elmira College [email protected] Dr. Thomas Keith Meier Houghton College President Dr. Daniel R. Chamberlain Le Moyne College 1 Park PI. President Rev. Robert A. Mitchell S.J. Elmira, NY 14901 Houghton, NY 14744 President (607) 735-1790 (716) 567-9310 Syracuse, NY 13214-1399 Fax: (607) 735-1701 Fax: (716) 567-9531 (315) 445-4120 [email protected] Fax: (315) 445-4691 Fordham University [email protected] Rev. Joseph A. O' Hare S.J. Iona College President Br. James A. Liguori C.F.C. Long Island University E. Fordham Rd. President Dr. David J. Steinberg Bronx, NY 10458 715 North Ave. President. Ctr., 700 Northern Blvd. (718) 817-1000 New Rochelle, NY 10801 Brookville, NY 11548 Fax: (718) 817-4925 (914) 633-2183 (516) 299-2501 [email protected] Fax: (914) 633-2018 Fax: (516) 299-2072 [email protected] New York-New York 45 Machzikei Hadath College Marymount Manhattan College The New School Rabbi Joseph Baum Dr. Regina S. Peruggi Dr. Jonathan F. Fanton Director President President 5407 16th Ave. 221 E. 71st St. 66 W. 12th St. Brooklyn, NY 11204 New York, NY 10021 New York, NY 10011 (718) 854-8777 (212) 517-0560 (212) 229-5656 Fax: (718) 851-1265 Fax: (212) 744-0217 Fax: (212) 229-5330 [email protected] [email protected] Manhattan College Br. Thomas J. Scanlan F.S.C. Mesivta Tifereth Jerusalem New York Chiropractic College President America Dr. Kenneth W. Padgett 4513 Manhattan College Pky. Rabbi David R. Feinstein President Bronx, NY 10471 President 2360 Rte. 89 (718) 862-7301 141-7 E. Broadway Seneca Falls, NY 13148 Fax: (718) 862-8030 New York, NY 10002 (315) 568-3100 [email protected] (212) 964-2830 Fax: (315) 568-3012 Fax: (212) 349-5213 Manhattan School of Music New York School of Interior Mrs. Marta Istomin Mesivta Torah Vodaath Seminary Design President Rabbi Aaron Braun Ms. Inge Heckel 120 Claremont Ave. Dean President New York, NY 10027-4698 425 E. 9th St. 170 E. 70th St. (212) 749-2802 Brooklyn, NY 11218 New York, NY 10021-5110 Fax: (212) 749-5471 (718) 941-8000 (212) 472-1500 Fax: (718) 941-8032 Fax: (212) 472-1952 Maria College [email protected] Sr. Laureen Fitzgerald R.S.M. Molloy College President Dr. Martin David Snyder New York University 700 New Scotland Ave. President Dr. L. Jay Oliva Albany, NY 12208-1798 1000 Hempstead Ave., President (518) 438-3111 Box 5002 70 Washington Sq. S. Fax: (518) 438-7170 Rockville Centre, NY 11571-5002 Bobst Library, Rm. 1215 (516) 678-5000 New York, NY 10012-1019 Marist College Fax: (516) 678-5321 (212) 998-2345 Dr. Dennis J. Murray [email protected] Fax: (212) 995-3679 President 82 North Rd. Mount Saint Mary College Ohr HaMeir Theological Seminary Poughkeepsie, NY 12601-1387 Sr. Ann V. Sakac O.P. Rabbi E. Kanarek (914) 575-3600 330 Powell Ave. President Fax: (914) 575-3337 Newburgh, NY 12550 P.O. Box 2130 [email protected] (914) 561-0800 Peekskill, NY 10566 Fax: (914) 562-6762 (914) 736-1500 Marymount College Fax: Sr. Brigid Driscoll R.S.H.M. Nazareth College of Rochester President Dr. Robert A. Miller Ohr Somayach Tanenbaum Marymount Ave. President Educational Center Tarrytown, NY 10591-3796 4245 East Ave. Rabbi Abraham Braun (914) 332-8205 Rochester, NY 14618-3790 Director Fax: (914) 332-4956 (716) 389-2001 P.O. Box 334 [email protected] Fax: (716) 389-2015 Monsey, NY 10952 [email protected] (914) 425-1370 Fax: (914) 425-8865 46 New York-New York nacu Pace University Rochester Institute of Technology Saint Joseph's Hospital Health Dr. Patricia O. Ewers Dr. Albert J. Simone Center School of Nursing President President Ms. Marianne Markowitz One Pace Plaza 1 Lomb Memorial Dr. Director New York, NY 10038-1403 Rochester, NY 14623-5604 206 Prospect Ave. (212) 346-1097 (716) 475-2394 Syracuse, NY 13203 Fax: (212) 346-1933 Fax: (716) 475-5700 (315) 448-5040 [email protected] [email protected] Fax: (315) 448-6093 Rabbinical Academy Rabbi Chaim St. Bonaventure University Saint Lawrence University Berlin Dr. Robert J. Wickenheiser Dr. Daniel F. Sullivan Rabbi A. Schechter St. Bonaventure, NY 14778 President President (716) 375-2222 110 Vilas Hall 1605 Coney Island Ave. Fax: (716) 375-2055 Canton, NY 13617 Brooklyn, NY 11230-4715 (315) 229-5892 (718) 377-0777 St. Francis College Fax: (315) 229-5435 Fax: (718) 338-5578 Dr. Frank J. Macchiarola [email protected] President Rabbinical College of Long Island 180 Remsen St. Saint Thomas Aquinas College Rabbi Yitzchok Feigelstock Brooklyn, NY 11201 Dr. Margaret M. Fitzpatrick President (718) 522-2300 President 205 W. Beech St., P.O. Box 630 Fax: (718) 522-1274 125 Rte. 340 Long Beach, NY 11561-3305 Sparkill, NY 10976-1050 (516) 431-7414 St. John Fisher College (914) 398-4012 Fax: (516) 431-8662 Dr. Katherine E. Keough Fax: (914) 359-8136 President Rabbinical Seminary of America 3690 East Ave. Sh'or Yoshuv Rabbinical College Rabbi A. Leibowitz Rochester, NY 14618 Rabbi N. Jaeger President (716) 385-8010 Dean 92-15 69th Ave. Fax: (716) 385-8289 1525 Central Ave. New York, NY 11375-5817 [email protected] Far Rockaway, NY 11691 (718) 268-4700 (718) 327-2048 Fax: (718) 268-4684 Saint John's University Fax: (718) 327-6303 Rev. Donald J. Harrington CM Rensselaer Polytechnic Institute President Siena College Dr. Cornelius Barton 8000 Utopia Pky. Dr. Kevin E. Mackin O.F.M. Acting President Jamaica, NY 11439-0001 President (After 7/1/99: (718) 990-6301 515 Loudon Rd. Dr. Shirley Ann Jackson) Fax: (718) 380-0598 Loudonville, NY 12211-1462 110 8th St. (518) 783-2300 Troy, NY 12180-3590 Saint Joseph's College Fax: (518) 783-4184 (518) 276-6211 Sr. Elizabeth A. Hill C.S.J. [email protected] Fax: (518) 276-8702 President [email protected] 245 Clinton Ave. Skidmore College Brooklyn, NY 11205-3688 Dr. Phyllis Roth Roberts Wesleyan College (718) 636-6800 Interim President Dr. William C. Crothers Fax: (718) 636-7242 815 N. Broadway President [email protected] Saratoga Springs, NY 12866-1632 2301 Westside Dr. (518) 580-5700 Rochester, NY 14624-1997 Fax: (518) 581-7809 (716) 594-6100 Fax: (716) 594-6371 New York-New York 47 nacu Syracuse University United Talmudical Yeshiva of Nitra Rabbinical Dr. Kenneth A. Shaw Rabbi A. Teitelbaum College Chancellor and President Dean Mr. Alexander Fischer 300 Administration Bldg. 82 Lee Ave. President Syracuse, NY 13244-1100 Brooklyn, NY 11211 194 Division Ave. (315) 443-2235 (718) 963-9770 Brooklyn, NY 11211 Fax: (315) 443-3503 Fax: (718) 963-9775 (718) 387-0422 [email protected] Fax: (718) 387-9400 University of Rochester Talmudical Seminary Torah Dr. Thomas H. Jackson Yeshivath Viznitz Mr. Gary Susskind President Rabbi J. Luria Administrator Administration 241 President 667 Eastern Pky. Rochester, NY 14627-0011 Phyllis Terrace, POB 446 Brooklyn, NY 11213 (716) 275-8356 Monsey, NY 10952 (718) 774-5050 Fax: (716) 256-2473 (914) 356-1010 Fax: (718) 778-0784 [email protected] Fax: (914) 356-7359 Teachers College, Columbia Vassar College Yeshivath Zichron Moshe University Dr. Frances D. Fergusson Rabbi A. Gorelick Dr. Arthur Levine President President President Vassar College Box 1 Laurel Park Rd. 525 W. 120th St., Box 163 Poughkeepsie, NY 12604-0001 South Fallsburg, NY 12779 New York, NY 10027 (914) 437-7200 (914) 434-5240 (212) 678-3131 Fax: (914) 437-7443 Fax: (914) 434-1009 Fax: (212) 678-3205 [email protected] [email protected] Torah Temimah Talmudical Wagner College Seminary Dr. Norman R. Smith North Carolina Rabbi Yaakov Applegrad President Executive Director Grymes Hill 555 Ocean Pky. Staten Island, NY 10301 Barber-Scotia College (718) 390-3131 Dr. Sammie Potts Brooklyn, NY 11218 (718) 853-8500 Fax: (718) 390-3170 President Fax: (718) 438-5779 [email protected] 145 Cabarrus Ave., W. Concord, NC 28025 Trocaire College Yeshiva Derech Chaim (704) 789-2906 Dr. Paul B. Hurley Jr. Rabbi Y. Plutchok Fax: (704) 789-2958 President Vice President [email protected] 360 Choate Ave. 1573 39th St. Buffalo, NY 14220-2094 Brooklyn, NY 11218 Barton College (716) 826-1200 (718) 438-5476 Dr. James B. Hemby Jr. Fax: (716) 828-6109 Fax: (718) 435-9285 P.O. Box 5000 [email protected] Wilson, NC 27893-7000 Yeshiva Karlin Stolin Beth Aaron (252) 399-6309 Union College V'Israel Rabbinical Fax: (252) 237-1620 Dr. Roger H. Hull Rabbi Israel Pilchick [email protected] President Chief Executive Officer Schenectady, NY 12308 1818 54th St. Belmont Abbey College (518) 388-6000 Brooklyn, NY 11204 Dr. Robert A. Preston Fax: (518) 388-6006 (718) 232-7800 President Fax: (718) 331-4833 Belmont-Mt. Holly Rd. Belmont, NC 28012-2795 (704) 825-6726 Fax: (704) 825-6670 48 North Carolina-North Carolina National Association of Independent Colleges and Universities 8/9/99 Federal Student Aid Programs 1998-99 New York Congressional District 20 Institution: Pace University Number of Dollar Awards Amount Pell Grants: 3,559 $6,363,801 FSEOG:** 1,621 $870,326 FWS:** 1,038 $920,366 Number of New Federal Total Awards Capital Expenditures Perkins Loans:* 1,990 $505,207 $3,000,000 Federal Family Education Loans (FFEL):*** Total Loan Number of Loans Volume Subsidized 1 $2,625 Unsubsidized PLUS Number of Loans Total Loan Volume Direct Loans*** 11,731 $52,123,846 Notes: * Data for Pell Grants are based on expenditures reported as of December 1998 for academic year ** Data for FSEOG, FWS and Perkins Loans are for academic year 1998-99 and reported as of April 1998 by the U.S. Department of Education. Totals are based on allocations and may differ from actual disbursements. *** Data for FFEL, Direct and PLUS Loans are for Federal fiscal year 1998 (October 1, 1997 to September 30, 1998). For institutions with branch campuses, information may be included with the main campus, central office or under the name of the individual campus. Sources: Data were obtained from the Office of Student Financial Assistance, U.S. Department of Education. Analysis by the National Association of Independent Colleges and Universities. naicu 1025 Connecticut Avenue, N.W. Suite 700 Washington, D.C. 20036-5405 202/785-8866 FAX: 202/835-0003 National Association of Independent Colleges and Universities 2/1/99 Federal Student Aid Programs 1998-99 New York Number of Dollar Amount Awards Pell Grants:* Total 344,107 $604,669,654 Public: 201,905 355,551,668 Independent: 97,570 177,520,551 Proprietary: 44,632 $71,597,435 Campus-Based Programs:* FSEOG 109,383 $58,740,252 FWS 89,248 $79,163,632 Number of New Federal Number of Awards Capital Institutions Perkins Loans 61,525 $11,929,330 152 Federal Family Education Loans (FFEL):*** Total Loan Number of Loans Volume Subsidized 267,525 $1,047,049,223 Unsubsidized 155,417 $741,971,177 PLUS 30,396 $253,170,663 Direct Loans:*** 241,505 $916,898,975 Notes: * Data for Pell Grants are based on expenditures reported as of December 1998 for academic year 1997-98. ** Data for FSEOG, FWS and Perkins Loans are for academic year 1998-99 and reported as of April 1998 by the U.S. Department of Education. Totals are based on allocations and may differ from actual disbursements. *** Data for FFEL, Direct and PLUS Loans are for Federal fiscal year 1998 (October 1, 1997 to September 30, 1998). For institutions with branch campuses, information may be included with the main campus, central office or under the name of the individual campus. Sources: Data were obtained from the Office of Student Financial Assistance, U.S. Department of Education. Analysis by the National Association of Independent Colleges and Universities. nacu 1025 Connecticut Avenue, N.W. Suite 700 Washington, D.C. 20036-5405 202/785-8866 FAX: 202/835-0003 Invest in futures. Theirs and ours Student Aid Alliance Student Aid Alliance SAA Visit our website at www.StudentAidAlliance.org or call (800) 574-4243 Invest in futures. Theirs and ours. Student Aid To be released Monday, June 21, 1999 Alliance SAA FOR IMMEDIATE RELEASE Contacts: Laura Wilcox, American Council on Education, (202) 939-9365 Tony Pals, National Association of Independent Colleges and Universities, (202) 785-8866 NATIONAL POLL SHOWS AMERICANS STRONGLY SUPPORT FEDERAL AID TO COLLEGE STUDENTS Washington, DC (June 21, 1999) - Americans overwhelmingly support federal spending to help students go to college-that, according to the results of a national public opinion survey released today by the Student Aid Alliance, a coalition of 58 organizations representing colleges, universities, and students. Among the findings in the survey, respondents not only expressed strong support for increased funding for federal student aid programs, they ranked such funding alongside Social Security and health care as top national priorities. The survey also shows that, by vast majorities, members of the public believe that "without financial aid, most low- and middle-income families cannot afford to send children to college" (90 percent "strongly" or "somewhat agreed") and that, "by providing financial aid for people who want to go to college, the federal government is investing in America's future" (91 percent "strongly" or "somewhat agreed"). A majority (56 percent) feel the federal government currently spends "too little" of its budget on grants to help those families pay for college. The poll findings are particularly timely as Congress turns its attention to appropriations matters. The Senate Labor, Health and Human Services, Education Appropriations Subcommittee is expected to write its FY 2000 bill very soon. The Senate Health, Education, Labor, and Pensions Committee plans to markup shortly S.Con.Res.28, a resolution calling for an increase of $400 in the maximum Pell Grant award and significant increases in campus-based aid programs. The House approved a similar resolution, H.Con.Res.88, on May 4, 1999. Student Aid Alliance One Dupont Circle NW, Suite 800 Washington, DC 20036 -more- tel: (202) 939-9365 fax: (202) 833-4762 tim Invest in futures. web: www.StudentAidAlliance.org Theirs and ours. Alliance poll - 2 Among the poll's other findings: Eighty-seven percent of respondents said it was "very important" or "somewhat important" to increase financial aid for college students. The funding priority given student aid was almost identical to that for Social Security (90 percent) and health care (89 percent). A full 90 percent of respondents agreed that "making more financial aid available will make college more accessible to many low- and middle-income families" and 89 percent agreed that "when students meet all the academic requirements for college admission, they should be able to get financial aid from the government when they need it." The survey also found that 61 percent of the public would be "much more likely" or "somewhat more likely" to "vote for a candidate for Congress who worked to increase financial aid for low- and middle-income families with children in college." "Funding for Title IV student financial aid programs, particularly the grant programs, has lagged behind inflation and student need for two decades," said David L. Warren, president of the National Association of Independent Colleges and Universities and co-chair of the Student Aid Alliance. "That means students' federal grants and loans are worth less today than in 1980. In constant dollars the Pell Grant has declined 14 percent and campus-based aid has declined 35 percent between 1980-81 and 1998-99. Congress and the President have increased funding for some key programs in the last four years, but they need to do more." The Alliance is calling on Congress to increase the maximum Pell Grant award by $400 to $3,525; raise by $50 million to $75 million funds for the Leveraging Educational Assistance Partnership program (formerly the State Student Incentive Grant program); and increase funding for campus-based aid programs such as Perkins Loans and Supplemental Educational Opportunity Grants. (See attached Alliance funding proposal.) Last month, the House and Senate Appropriations committees voted to slash $10.7 billion from the House Labor-HHS-Education appropriations bill and $8.3 billion from the Senate Labor-HHS-Education bill, cuts of 12 and 9.4 percent, respectively. Both plans would almost surely necessitate cuts or freezes for most student aid and higher education programs. -more- Alliance poll - 3 These reductions are the direct result of spending caps contained in the 1997 Balanced Budget Act, which were imposed in an effort to eliminate deficit spending. At the time the measure was approved, however, lawmakers did not expect the federal government to experience dramatic budget surpluses as early as the year 2000. Now that such surpluses are expected in the coming fiscal year and in subsequent years, leaders in Congress from both parties are calling for the caps to be raised, a position endorsed by the higher education community. American Council on Education President and Co-Chair of the Student Aid Alliance Stanley O. Ikenberry commended selected members of Congress for their leadership and support of student aid funding. In recent letters sent to Senators James Jeffords (R-VT) and Edward Kennedy (D-MA) regarding the introduction of S.Con.Res.28, Ikenberry thanked the Senators and their colleagues Senators Dodd (D-CT), Collins (R-ME), and Reed (D-RI), "for their efforts to make federal funding for student aid a priority for fiscal year 2000 appropriations." In letters to Representatives Goodling (R-PA), McKeon (R-CA), Clay (D-MO), and Kildee (D-MI), Ikenberry noted that H.Con.Res.88 "underscores the point that the Pell Grant is the federal government's most important program for helping financially needy families finance postsecondary education. It also makes clear that campus-based aid programs complement the Pell Grant program to provide students with the resources to finance a postsecondary education." The Alliance survey was conducted by KRC Research & Consulting, Inc., a national polling firm based in New York City. The student aid questions were included in an omnibus survey that included extensive interviews with 1,022 American adults during the month of May 1999. The margin of error for responses is plus or minus 3.1 percent. The Alliance has established a website, www.StudentAidAlliance.org. which contains sample letters to members of Congress that urge increases in federal student aid funding. In addition, the Alliance hotline, 1-800-574-4243, will help Americans contact their U.S. representatives to express their views on current proposals to fund student aid programs. -30- Attitudes Toward Federal Government Funding How important do you think it is to increase the current level of federal funding for each of the following things? Health care 90% Social Security 89% Financial aid for 87% college students Defense 77% Welfare 56% Foreign aid 47% 0% 20% 40% 60% 80% 100% Very important Somewhat important Impact on Voting How likely would you be to vote for a candidate for Congress who worked to increase financial aid for low- and middle-income families with children in college? More likely 61% No difference 31% Less likely 5% Student Aid Alliance Student Aid One Dupont Circle NW, Suite 800 Washington, DC 20036 tel: (202) 939-9365 fax: (202) 833-4762 web: www.StudentAidAlliance.org Alliance SAA Attitudes Toward Financial Aid Please tell me how much you agree with the following statements: Without financial aid, most low and middle-income families cannot afford 90% to send children to college Making more financial aid available will make college more accessible to 90% many low- and middle-income families By providing financial aid for people who want to go to college, the federal 91% gov. is investing in America's future When students meet all the academic requirements for college admission, 89% they should be able to get financial aid from the gov. when they need it 0% 20% 40% 60% 80% 100% Strongly agree Somewhat agree Attitudes Toward Financial Aid The federal government currently spends one half of one percent of its budget on grants to help low- and middle-income families pay for college. Is this amount too much, too little or is it about right? Too much 6% Too little 56% About right 29% Don't know 10% Student Aid Alliance Student Aid One Dupont Circle NW, Suite 800 Washington, DC 20036 tel: (202) 939-9365 fax: (202) 833-4762 web: www.StudentAidAlliance.org Alliance SAA Student Aid Alliance SAA Last year, Congress reaffirmed its support of existing student aid programs through the reauthorization of the Higher Education Act. This year, the Student Aid Alliance urges Congress to fund proven student aid programs at higher levels so that they more effectively serve needy students. Together, these programs help students achieve their higher education goals without excessive debt. The maximum Pell Grant should be Increased by $400, to $3,525. Pell Grants are the cornerstone of federal need-based student aid. Without them, millions of the neediest students would not go to college. Nearly four million students received Pell Grants in 1998-99. Their average family income was about $14,500. But the maximum award is worth just 86 percent of its 1980 value in constant dollars. Supplemental Grant funding should be Increased by $65 million, to $684 million. The Supplemental Educational Opportunity Grant (SEOG) program helps bridge the gap between the authorized maximum Pell Grant ($4,500) and the appropriated level ($3,125). Colleges and universities match one-third of the federal SEOG funds-a cost-effective way to help students. Funding for Perkins Loans should be Increased by $35 million, to $135 million. The Perkins program provides low-interest loans to needy students, keeping them in school and out of costly alternative loan programs. Institutions augment the federal contribution with a one-third match. Perkins loan forgiveness options have helped recruit thousands of law enforcement officers, teachers, and nurses. The Perkins federal capital contribution is now worth just 22 percent of its 1980 value in constant dollars. Leveraging Educational Assistance Partnerships should be Increased by $50 million, to $75 million. The Leveraging Educational Assistance Partnerships (formerly SSIG) program encourages states to expand their own need-based grant programs by requiring them to make a dollar-for-dollar match. And if the federal appropriation for LEAP exceeds $30 million, the state must match each dollar two to one. States use these funds to support increased grant aid, transition to college programs, early intervention, merit scholarships for needy students, community service, and scholarship programs in specialized academic areas. Federal Work-Study should be Increased by $64 million, to $934 million. Each year, the Federal Work-Study program helps 700,000 needy students earn the money to pay for college, through jobs on campus, in the community, and in the private sector. More than half of the recipients come from families with incomes less than $30,000. This self-help program encourages students to take responsibility, build solid work habits, and make contacts-skills that are crucial to their future employment. Institutions match federal funds by at least one-third, and often more. TRIO should be Increased by $70 million, to $670 million. The TRIO programs are designed to help low-income and first-generation college students enter college, graduate, and get good jobs. Two-thirds of the students come from families with incomes of less than $24,000 where neither parent graduated from college. Graduate programs should be increased by $25 million, to $56 million. Graduate Assistance in Areas of National Need awards funds through a competitive program to help academic departments prepare graduate students for teaching and research. The Javits Fellowship is the only federal program that gives portable financial aid to graduate students in the arts, humanities, and social sciences. Student Aid Alliance One Dupont Circle NW, Suite 800 Washington, DC 20036 tel: (202) 939-9365 fax: (202) 833-4762 tim Invest in futures. web: www.StudentAidAlliance.org Theirs and ours. Student Aid Alliance SAA American Association for Higher Education College Board American Association of Colleges for Teacher Education College Fund/UNCF American Association of Colleges of Nursing Council for Advancement and Support of Education American Association of Colleges of Pharmacy Council for Higher Education Accreditation American Association of Collegiate Registrars and Council for Opportunity in Education Admissions Officers Council of Graduate Schools American Association of Community Colleges Council of Independent Colleges American Association of Dental Schools Council on Government Relations American Association of State Colleges and Universities Educational Testing Service American Association of University Professors Hispanic Association of Colleges and Universities American College Personnel Association NAFSA: Association of International Educators American College Testing National Association for Equal Opportunity in Higher American Council on Education Education American Psychological Association National Association for College Admission Counseling American Society for Engineering Education National Association of College and University Attorneys American Student Association of Community Colleges National Association of College and University Business APPA: The Association of Higher Education Facilities Officers Officers National Association of Graduate-Professional Students Association of Academic Health Centers National Association of Independent Colleges and Association of Advanced Rabbinical and Talmudic Schools Universities Association of American Colleges and Universities National Association of State Universities and Land-Grant Association of American Law Schools Colleges Association of American Medical Colleges National Association of Student Financial Aid Association of American Universities Administrators Association of Catholic Colleges and Universities National Association of Student Personnel Administrators Association of Community College Trustees National Collegiate Athletic Association Association of Governing Boards of Universities and National Council of University Research Administrators Colleges NAWE: Advancing Women in Higher Education Association of Jesuit Colleges and Universities National Education Association Career College Association United States Public Interest Research Group Council for Christian Colleges and Universities United States Student Association Coalition of Higher Education Assistance Organizations University Continuing Education Association College and University Personnel Association Women's College Coalition Student Aid Alliance One Dupont Circle NW, Suite 800 Washington, DC 20036 tel: (202) 939-9365 fax: (202) 833-4762 web: www.StudentAidAlliance.org till Invest in futures. Theirs and ours. Student Aid Alliance SAA Last year, Congress reaffirmed its support of existing student aid programs through the reauthorization of the Higher Education Act. This year, the Student Aid Alliance urges Congress to fund proven student aid programs at higher levels so that they more effectively serve needy students. Together, these programs help students achieve their higher education goals without excessive debt. The maximum Pell Grant should be increased by $400, to $3,525. Pell Grants are the cornerstone of federal need-based student aid. Without them. millions of the neediest students would not go to college. Nearly four million students received Pell Grants in 1998-99. Their average family income was about $14,500. But the maximum award is worth just 86 percent of its 1980 value in constant dollars. Supplemental Grant funding should be increased by $65 million, to $684 million. The Supplemental Educational Opportunity Grant (SEOG) program helps bridge the gap between the authorized maximum Pell Grant ($4,500) and the appropriated level ($3,125). Colleges and universities match one-third of the federal SEOG funds-a cost-effective way to help students. Funding for Perkins Loans should be increased by $35 million, to $135 million. The Perkins program provides low-interest loans to needy students, keeping them in school and out of costly alternative loan programs. Institutions augment the federal contribution with a one-third match. Perkins loan forgiveness options have helped recruit thousands of law enforcement officers, teachers, and nurses. The Perkins federal capital contribution is now worth just 22 percent of its 1980 value in constant dollars. Leveraging Educational Assistance Partnerships should be increased by $50 million, to $75 million. The Leveraging Educational Assistance Partnerships (formerly SSIG) program encourages states to expand their own need-based grant programs by requiring them to make a dollar-for-dollar match. And if the federal appropriation for LEAP exceeds $30 million, the state must match each dollar two to one. States use these funds to support increased grant aid, transition to college programs, early intervention, merit scholarships for needy students, community service, and scholarship programs in specialized academic areas. Federal Work-Study should be increased by $64 million, to $934 million. Each year, the Federal Work-Study program helps 700,000 needy students earn the money to pay for college, through jobs on campus, in the community. and in the private sector. More than half of the recipients come from families with incomes less than $30,000. This self-help program encourages students to take responsibility, build solid work habits, and make contacts-skills that are crucial to their future employment. Institutions match federal funds by at least one-third, and often more. TRIO should be increased by $70 million, to $670 million. The TRIO programs are designed to help low-income and first-generation college students enter college, graduate, and get good jobs. Two-thirds of the students come from families with incomes of less than $24,000 where neither parent graduated from college. Graduate programs should be increased by $25 million, to $56 million. Graduate Assistance in Areas of National Need awards funds through a competitive program to help academic departments prepare graduate students for teaching and research. The Javits Fellowship is the only federal program that gives portable financial aid to graduate students in the arts, humanities, and social sciences. Student Aid Alliance One Dupont Circle NW, Suite 800 Washington, DC 20036 tel: (202) 939-9365 fax: (202) 833-4762 web: www.StudentAidAlliance.org 111 Invest in futures. Theirs and ours. Invest in futures. Theirs and ours. There are many investments we can Federal student aid programs have a long choose to make the future more secure. record of helping millions of Americans But one investment, in particular, gives attend college. But over the past two back high returns. College education. decades, funding for these important programs has not kept pace with inflation. Giving students the chance for a college education benefits everyone. That means students' federal grants and Think about the facts: loans are worth less today than in 1980. America's students deserve better. And if An educated work force means: the federal government would invest an Reduced welfare additional $1.5 billion - less than one tenth of 1% of the federal budget - to Higher productivity restore these crucial programs, everyone's Lower unemployment rates future will be brighter. Higher salaries and better jobs Call Congress now. Call 1-800-574-4AID. Invest in futures. Theirs and ours. Student Aid Alliance SAA www.StudentAidAlliance.org Paid for by Student Aid Alliance.