Questions on Aid Inclusion/Exclusion in Financial Aid Section H2
Xiaodong Chu
Hello,
I am seeking clarification on reporting financial aid in Section H2,
particularly regarding PLUS loans, unsubsidized loans, and private
alternative loans, as well as the reclassification of non-need-based aid as
need-based per the instructions.
Sectio H2: Aid that is non-need-based but that was used to meet need should be counted as need-based aid.
A. Number of degree-seeking undergraduate students (CDS Item B1 if reporting on
Fall 2024 cohort)
B. Number of students in line a who applied for need-based financial aid
C. Number of students in line b who were determined to have financial need
D. Number of students in line c who were awarded any financial aid
E. Number of students in line d who were awarded any need-based scholarship or
grant aid
F. Number of students in line d who were awarded any need-based self-help aid
G. Number of students in line d who were awarded any non-need-based scholarship
or grant aid
H. Number of students in line d whose need was fully met (exclude PLUS loans,
unsubsidized loans, and private alternative loans)
I. On average, the percentage of need that was met of students who were awarded
any need-based aid. Exclude any aid that was awarded in excess of need as well
as any resources that were awarded to replace EFC (PLUS loans, unsubsidized
loans, and private alternative loans)
J. The average financial aid package of those in line d. Exclude any resources
that were awarded to replace EFC (PLUS loans, unsubsidized loans, and private
alternative loans)
K. Average need-based scholarship and grant award of those in line e
L. Average need-based self-help award (excluding PLUS loans, unsubsidized
loans, and private alternative loans) of those in line f
M. Average need-based loan (excluding PLUS loans, unsubsidized loans, and
private alternative loans) of those in line f who were awarded a need-based
loan
My questions are:
Question D: Should the number of students awarded any financial aid
include ALL aid, including PLUS loans, unsubsidized loans, and private
alternative loans?
Question F: Should need-based self-help aid include PLUS loans,
unsubsidized loans, and private alternative loans if reclassified as
meeting need per our institution’s order of precedence?
Questions H, I, J, L and M: Should these exclude ALL PLUS loans,
unsubsidized loans, and private alternative loans, even if reclassified as
need-based?
I appreciate any guidance.
Thank you,
Xiaodong Chu
Senior Business Intelligence Analyst
Data, Analytics, and Insights
University of Iowa