Monday, October 19, 2009

Alternative Story Text: Financial Aid Changes

Yasmin Yonis

Alternative Story Text

The University of Georgia’s Financial Aid office received a 13 percent increase in the Free Application for Federal Student Aid (FAFSA) from last school year and a 22 percent increase from two school years ago.

The number of students receiving the Pell Grant, federal assistance that does not need to be paid back, has increased 36 percent from the 2007-2008 school year and 58 percent from the 2006-2007 school year.

The University has increased tuition by 25 percent for in-state students and 15 percent for out-of-state and increased fees for 2009.

The average national graduate debt is $22,000 compared to the University of Georgia’s average graduate debt of $13,000 or 40 percent less debt.
Almost 60 percent of students, who received a bachelor’s degree in 2007-2008, graduated with debt according to NACAC.

Direct subsidized loans

2007 6,662
2008 7,395
2009 8,438
2007-2008 25 percent change
2008-2009 14 percent change

Unsubsidized loans
2007 7,081
2008 9,629
2009 10,867

2007-2008 53.9 percent
2008-2009 12.9 percent

1 comment:

  1. This is a little text heavy, Yasmin. I almost envision this is a By The Numbers infographic. I can't wait to see your thumbnail sketch.

    ReplyDelete