Student Scholarships and Grants

Student Scholarships and Grants

2015-2016

ANNUAL

REPORT

MICHIGAN DEPARTMENT OF TREASURY - STUDENT FINANCIAL SERVICES BUREAU

Message from the

DIRECTOR

I am pleased to share with you what Student Scholarships and Grants (SSG) within the

Michigan Department of Treasury-Student Financial Services Bureau, has accomplished during

the 2016 fiscal year (FY). The following report provides information about funds administered,

number of Michigan students awarded, and outreach efforts.

Our goal during FY16 was to increase our customer service efforts to better serve students,

families, high school counselors, and college aid administrators. We streamlined processes

within our office and examined ways that we could improve the delivery of information and

resources. With new publications and our data management system, MiSSG, we are able to

more efficiently and thoroughly reach our customers to deliver clear and concise information.

During FY16 (Academic Year 2015-16), SSG:

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Administered aid funds to 70,670 Michigan students for postsecondary education

financial assistance.

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Disbursed over $108 million in aid to Michigan students.

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Provided assistance to 13,391 MiSSG users.

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Utilized technology to improve customer service; including social media, webinars,

electronic newsletters, a place-based scholarship database, and the ability to

complete a Tuition Incentive Program (TIP) application online for the very first time.

?

Partnered with Center for Educational Performance and Information (CEPI) to harness

existing data sets and to collect data on Michigan students utilizing aid programs and

connecting high school counselors with information on student eligibility.

?

Made easily accessible reports available to college aid administrators to identify

eligible students earlier than ever before and request institutional payment more

accurately.

SSG looks forward to continuing to support postsecondary education in Michigan and

promoting to students and families that college is accessible, affordable, and achievable.

Sincerely,

Carla Foltyn, Director

Student Scholarships and Grants

Student Financial Services Bureau

Michigan Department of Treasury

2015-2016 Annual Report

Student Scholarships and Grants

2016 Student Financial Aid Reports

Report

Page

Fund Distribution by Fund Source.........................................................................................................3

Children of Veterans Tuition Grant Program (CVTG)............................................................................4

Dual Enrollment.....................................................................................................................................8

Fostering Futures Scholarship (FFS).................................................................................................. 11

GEAR UP Michigan! Scholarship (GEAR UP 1)..................................................................................14

GEAR UP College Day Scholarship (GEAR UP 2).............................................................................17

Merit Military Payments to Michigan Institutions.................................................................................20

Michigan Competitive Scholarship (MCS) and Michigan Tuition Grant (MTG)...................................22

Michigan Competitive Scholarship (MCS) and Michigan Tuition Grant (MTG)

Cumulative Program Performance......................................................................................................23

Michigan Competitive Scholarship (MCS) and Michigan Tuition Grant (MTG)

by Number of Students Served...........................................................................................................24

Michigan Competitive Scholarship (MCS) and Michigan Tuition Grant (MTG)

Recipients by Characteristics..............................................................................................................25

Michigan Competitive Scholarship (MCS) and Michigan Tuition Grant (MTG)

Recipients by Family Income..............................................................................................................26

Combined Michigan Competitive Scholarship (MCS) and Michigan Tuition Grant (MTG)

Recipients and Non-recipients by Gross Income................................................................................27

Michigan Competitive Scholarship (MCS) Freshman Awards by Fiscal Year......................................28

Michigan Competitive Scholarship (MCS) and Michigan Tuition Grant (MTG) by College Sector......29

Michigan Competitive Scholarship (MCS) and Michigan Tuition Grant (MTG) by Institution..............31

Police Officer¡¯s and Fire Fighter¡¯s Survivor Tuition Grant (STG).........................................................33

Tuition Incentive Program (TIP)...........................................................................................................35

Outreach Services...............................................................................................................................41

Michigan Department of Treasury

Student Financial Services Bureau (SFSB)

2

2015-2016 Annual Report

STUDENT SCHOLARSHIPS AND GRANTS

ANNUAL REPORT 2016

Fund Distribution by Fund Source*

Program

Volume

Amount

466

1,096,652

1,379

1,316,733

357

945,572

11

43,706

293

1,453,157

26,348

18,906,306

3

4,750

23,514

32,630,742

9

73,533

Tuition Incentive Program

18,290

51,768,507

TOTAL

70,670

$108,239,658

Children of Veterans Tuition Grant

Dual Enrollment

Fostering Futures Scholarship

GEAR UP Michigan! Scholarship

GEAR UP College Day

Michigan Competitive Scholarship*

Michigan Merit Award

Michigan Tuition Grant*

Police Officer's and Firefighter's Tuition Grant

*Totals for MCS/MTG are noted as Funding Source in the above chart. Other sections of this report show

distribution by Award Type. See the chart below and the MCS and MTG by Institution page.

Award Type versus Fund Source

By Student

Number of Awards by Type of Award

Michigan

Competitive

Scholarship

32,378

Michigan Tuition Grant

17,484

Number Receiving Supplement

-6,030

+6030

Number Receiving by Fund Source

26,348

23,514

3

2015-2016 Annual Report

Children of Veterans Tuition Grant

(CVTG)

The program provides undergraduate tuition assistance to

certain children of qualified Michigan veterans who

are permanently and totally disabled, MIA, or deceased.

The renewable award pays a maximum of $2,800 per

academic year.

Legal Citation

Public Act 248 of 2005

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