UW System Position on Bills Introduced in the Legislature During the 2005-2006 Session
Higher Education Aid Grants
(Parisi) Changes the formula used to calculate the amounts appropriated for higher education grants for UW System students and for Lawton grants. Requires HEAB to use the new formula for technical college and tribal college students.
UW System Position
SUPPORT – This bill would provide a "hold harmless" alternative to the current system for calculating annual increases to the WHEG and Lawton programs along the lines the Board of Regents proposed as part of their 2005-07 biennial budget request.. The new formula would increase the appropriations by multiplying the number of grant recipients from the previous academic year by the dollar increase in UW Madison tuition for the current academic year over the previous academic year. This new alternative would insure that financial aid increases for individual students would match the dollar amount tuition increases, not simply increase the available pot of funds by the overall percentage tuition increases. The new formula would provide more funding for WHEG and Lawton grants than under the current calculation method. Using the proposed calculation for 2005-06, the WHEG program for UW students would have been required to increase by $9.5 million and the Lawton program would have increased by $985,000. In comparison, using the current calculation would have provided $2.4 million for WHEG and $339,700 for Lawton.