School Fact Sheets
Description of Data Elements, FY 2008 Edition
General Information
School Address: The address in the top right corner reflects the school's mailing address.
School Website: The website is the homepage for the school. Navigation through the website will be required to find the school's financial aid information.
City: This data field is from TG's database. To the extent that the data allow, this field indicates the physical location of the school and might, therefore, differ from the mailing address in the top right corner.
School Type: This field is taken from TG's database. Professional schools such as medical schools and law schools that offer programs beyond the undergraduate level are nonetheless classified as "four-year" schools. Proprietary schools share the same tax status (i.e. they are for-profit organizations).
Highest Degree Offering: This information comes from the Texas Higher Education Coordinating Board (THECB) and the individual institution's Internet site.
ED School Code: This field contains the school's U.S. Department of Education six-digit Title IV federal financial aid program identification code. This field is taken from TG's database.
TG School Suffix: This field indicates, where applicable, the branch campus associated with the General Information and Leadership sections, as well as with the mailing address.
Primary Phone: This phone number is the general number for the school and was verified through TG research.
Financial Aid Phone: This number goes directly to the financial aid office and was verified through TG research.
Leadership
President: This field represents the Chief Executive Officer of the school. The field was taken from TG's database and verified through TG research.
Financial Aid Director: This field represents the officer in charge of student financial aid at the school. The field was taken from TG's database and verified through TG research.
U.S. Rep.: The member of the U.S. House of Representatives who represents the district in which the school is physically located, the number of the district, and the Representative's political party (R = Republican and D = Democrat). Data were taken from the Texas Legislative Council and reflect results of the November 2008 election.
State Sen.: The member of the Texas State Senate who represents the district in which the school is physically located, the number of the district, and the Senator's political party (R = Republican and D = Democrat). Data were taken from the Texas Legislative Council and reflect results of the November 2008 election.
State Rep.: The member of the Texas House of Representatives who represents the district in which the school is physically located, the number of the district, and the Representative's political party (R = Republican and D = Democrat). Data were taken from the Texas Legislative Council and reflect results of the November 2008 election.
Education Leadership Texas: Education Chairs in the Texas House and Senate were current as of December 2008.
Student Profile
Enrollment: The Texas Higher Education Coordinating Board (THECB) provides headcount enrollment information for institutions of higher education in online published tables. Enrollment data for private institutions is provided by Independent Colleges and Universities of Texas (ICUT). The enrollment data for proprietary schools are made available from the U.S. Department of Education's Integrated Postsecondary Education Data System College Navigator. Proprietary schools lack data for enrollment by state residency.
Change: This field, which derives from unpublished THECB tables, ICUT, and TWC as well as from unpublished THECB tables, reports the change in enrollment over the time period shown.
Female Enrollment: This field derives from online published THECB tables and indicates the proportion of total enrollment that is female. THECB provides Female Enrollment for public institutions. The comparable figures for private colleges and universities are obtained from IPEDS. For proprietary schools the data are made available from IPEDS College Navigator
Texas Residents: This field shows the percent of a school's students who are legal residents of Texas. For public schools, this information is from online published THECB tables, while ICUT provides data for private colleges. Residency information is not available for proprietary schools.
Percent Undergraduates: This field comes from IPEDS College Navigator and shows the percent of a school's students who are undergraduates. For schools that do not offer graduate programs, such as two-year schools and four-year schools whose highest degree offered is Baccalaureate or Associate, it is assumed that all students are undergraduates.
Percent Undergraduates Full-time: This field comes from IPEDS College Navigator and shows the percent of a school's undergraduates who attend school full-time.
Ethnicity % of Enrollment: For public and private schools, this information derives from online published THECB tables. IPEDS College Navigator provides the information for proprietary schools. In this field, "other/unknown" includes all students not classified as White, African American, or Hispanic. Due to rounding, amounts may not equal 100 percent.
Ethnicity % of Aid Recipients: This field is provided by THECB's 2006-07 Financial Aid Database and reflects the proportion of all financial aid recipients that belong to a particular race/ethnicity. The Financial Aid Database provides financial aid information for Texas public 4-year universities only. In this field, "other/unknown" includes all students not classified as White, African American, or Hispanic. Due to rounding, amounts may not equal 100 percent.
Average Unmet Need: This field comes from THECB's Financial Aid Database, which contains information on public and private schools, but not proprietary schools. Data for AY 2006-07 were not available; therefore, this field is not currently populated. Unmet Need, which represents the amount of unmet need divided by the number of aid recipients, is calculated according to the following formula:
Total Cost of Attendance - (Expected Family Contribution + Student Aid)
= Unmet Need
The number of aid recipients includes only those students who received aid to meet costs and excludes students who received aid at least in part to replace their Expected Family Contribution (i.e. students who received some form of non-need-based aid). In this field, "other/unknown" includes all students not classified as White, African American, or Hispanic. Due to rounding, amounts may not equal 100 percent.
Average Grant Amount: Taken from THECB's 2006-07 Financial Aid Database — a database that contains data on all recipients of either a need-based financial aid program or a Stafford Loan — Average Grant Amount represents the average amount for unduplicated grant recipients, that is, the amount received by the average grant recipient regardless of the number of grants he or she received. The Database provides data on public and private schools, but not proprietary schools. In this field, "other/unknown" includes all students not classified as White, African American, or Hispanic. Due to rounding, amounts may not equal 100 percent.
Average Loan Amount: Taken from THECB's 2006-07 Financial Aid Database — a database that contains data on all recipients of either a need-based financial aid program or a Stafford Loan — Average Loan Amount represents the average amount for unduplicated loan recipients, that is, the amount received by the average loan recipient regardless of the number of loans he or she received. The Database provides data on public and private schools, but not proprietary schools. In this field, "other/unknown" includes all students not classified as White, African American, or Hispanic. Due to rounding, amounts may not equal 100 percent.
Retention Rate: For public schools, this information derives from unpublished THECB tables. Retention rate describes the percentage of first time, full-time freshmen entering a school in fall 2006 who resumed their study at that school the following fall. The THECB tables provide information on public schools only. In this field, "other/unknown" includes all students not classified as White, African American, or Hispanic. Due to rounding, amounts may not equal 100 percent.
Graduation Rate: Graduation Rate describes the percentage of first-time, full-time freshmen entering a Texas university who graduated within the next six years. For public institutions, data come from the THECB's Higher Education Data Graduation Rates and include students who entered in fall 2001 and graduated from that or any other Texas public university by 2007. For private institutions, data come from the U. S. Department of Education's Integrated Postsecondary Education Data System (IPEDS) and include students who entered in 2001 and graduated from that university by 2007. For the Texas Higher Education Overview sheet and the seven regional Overview sheets, graduation rates for private institutions are for students who entered in 2001 and graduated from that university by 2007. Graduation rates for private institutions may not be comparable to graduation rates from public institutions as they do not include students who transferred to another university and graduated. This statistic is not reported for 2-year schools. In this field, "other/unknown" includes all students not classified as White, African American, or Hispanic. Due to rounding, amounts may not equal 100 percent.
Tran/Cmpl Rate: Transfer/Completion Rate describes the percentage of first-time, full-time college students not receiving remediation who entered a 2-year institution in the Fall of 2003 and who either transferred to a Texas public 4-year university or received an Associate's degree from that or any other Texas 2-year institution within the next three years. The data come from the THECB's 2006-2007 Institutional Effectiveness Measures & Standards and are for public schools only. In this field, "other/unknown" includes all students not classified as White, African American, or Hispanic. Due to rounding, amounts may not equal 100 percent.
Student Expense Information
Resident Tuition and Fees: These are based on 15 semester credit hours for two semesters (nine months) of attendance for an average Texas resident student. Cost figures for community colleges reflect the expenses faced by in-district students.
Books and Supplies: These are based on 15 semester credit hours for two semesters (nine months) of attendance for an average student.
Room and Board On-Campus: These are based on nine months of attendance for an average student living on campus.
Room and Board Off-Campus: These are based on nine months of attendance for an average student living off campus.
Transportation and Other Expenses: These are based on nine months of attendance for an average student living on/off campus, depending on school types. For two-year or four-year public schools, Off-Campus numbers are used unless the school only reported On-Campus numbers. For four-year private schools, On-Campus numbers are used unless the school only reported Off-Campus numbers.
Total Expenses: The total cost is the sum of all expenses with Room/Board On/Off-Campus numbers based on school types. For two-year or four-year public schools, Off-Campus Room/Board is used unless the school only reported On-Campus Room/Board. For four-year private schools, On-Campus Room/Board is used unless the school only reported Off-Campus Room/Board.
Special Note on Total Expenses with the Overview Sheets: The expenses in the overview sheets are weighted averages by school enrollment so the Total Expenses do not equal to the sum of all cost categories.
MSA Average Monthly Rent: Metropolitan Statistical Area (MSA) Average Monthly rents come from the U.S. Department of Housing and Urban Development (HUD). These figures represent the averages for one- and two-bedroom housing units in the whole county or MSA where the school is located, and not just those areas with a high concentration of students. Costs are for October 2007 and include basic utilities, but not telephone service.
Low-Cost Food Average per Month: Food expenses, which come from the U.S. Department of Agriculture (USDA), reflect the cost of the food needed to provide for minimum dietary needs for adults ages 20 to 50, plus an additional 10 percent to account for waste and discard. The USDA assumes that all food is purchased at stores and prepared at home. Costs are for June 2007 and reflect the average cost for men and women ages 20 to 50.
Average Child Care Expenses per Month: Child care costs come from a market rate survey conducted for the Texas Workforce Commissions' report "Child Care and Development Fund State Plan for FFY2006-2007." TWC's report provides average costs for each Local Workforce Development Area (LWDA). In order to calculate a cost estimate, schools were matched to a LWDA on the basis of physical zip code. Averages are for one toddler (18 to 35 months) enrolled part-time at a licensed child care center. Monthly costs are estimated by multiplying the daily rates by 20.
Car Expenses per Month: Data on car expenses for students who have a car come from the U.S. Department of Transportation's 2001 National Household Travel Survey. Costs reflect the average vehicle miles per driver for drivers in Texas whose primary activity is going to school (people living in college dormitories were excluded from the survey). To arrive at a cost figure, the average miles driven per month by students in Texas was multiplied by the Internal Revenue Services' Standard Mileage Rate, which accommodates vehicle purchase, repair, maintenance, gasoline, oil, insurance, and registration fees. For 2007, the Standard Mileage Rate was 48.5 cents per mile.
Medical Insurance per Month (Institutional): Data on medical insurance for students who need insurance are provided by the insurance company or the institution. Costs are for the student only. Most companies offer annual coverage only, thus, total costs for August 2007 to August 2008 have been prorated to reflect monthly costs. Benefits vary. The average annual deductible for all schools is $386 and the average maximum benefit per accident or illness is $50,789, although additional major medical coverage is available. "NA" indicates that data are unavailable and not necessarily that insurance is unavailable.
Weighted Costs (Overview): Data come from the IPEDS database and have been weighted for enrollment.
Student Aid
Pell Grants: The U.S. Department of Education provides an electronic data file containing the total amount of Pell Grants awarded during Award Year 2007-08 (July 1, 2007 through June 30, 2008).
SEOG: The U.S. Department of Education provides an electronic data file containing the total amount of Supplemental Education Opportunity Grants awarded during Award Year 2006-07 (July 1, 2006 through June 30, 2007).
Perkins: The U.S. Department of Education provides an electronic data file containing the total amount of Perkins Loans borrowed during Award Year 2006-07 (July 1, 2006 through June 30, 2007).
Work-Study: The U.S. Department of Education provides an electronic data file containing the total amount of Federal Work-Study earned during Award Year 2006-07 (July 1, 2006 through June 30, 2007).
FFELP: The U.S. Department of Education provides an electronic data file containing the total amount of Federal Family Education Loans borrowed during Award Year 2007-08 (July 1, 2007 through June 30, 2008).
Direct Loans: The U.S. Department of Education provides an electronic data file containing the total amount of Direct Loans borrowed during Award Year 2007-08 (July 1, 2007 through June 30, 2008).
TEG: Taken from THECB's Financial Aid Database, TEG represents the total amount of Texas Tuition Equalization Grant money awarded to a particular school during Award Year 2006-07 (July 1, 2006 through June 30, 2007).
TEXAS Grant: Taken from THECB's Financial Aid Database, TEXAS Grant represents the total amount of Texas Toward EXcellence, Access & Success Grant money awarded to a particular school during Award Year 2006-07 (July 1, 2006 through June 30, 2007).
TEOG (TEXAS Grant II): Taken from THECB's Financial Aid Database, TEOG represents the total amount of Texas Educational Opportunity Grant money awarded to a particular school during Award Year 2006-07 (July 1, 2006 through June 30, 2007).
HHL: Taken from TG's Database, HHL represents the total amount of Texas Hinson-Hazlewood Stafford Loan money borrowed by students attending a particular school during Award Year 2006-07 (July 1, 2006 through June 30, 2007).
CAL: Taken from THECB's Financial Aid Database, CAL represents the total amount of Texas College Access Loan money borrowed by students attending a particular school during Award Year 2006-07 (July 1, 2006 through June 30, 2007).
BOT: Taken from THECB's Financial Aid Database, BOT represents the total amount of B-On-Time Loan money borrowed by students attending a particular school during Award 2006-07 (July 1, 2006 through June 30, 2007). The B-On-Time was created by the Texas Legislature in 2003 and is a no-interest loan which may be forgiven entirely upon graduation if the borrower graduates with a Grade Point Average (GPA) of at least 3.0 on a 4.0 scale and also graduates within four years after entering a four-year institution or within two years after entering a two-year institution.
Institutional: For public institutions, data is taken from THECB's Financial Aid Database and represents the total amount of Texas Public Education Grant (TPEG) money awarded to students attending a particular school during Award Year 2006-07 (July 1, 2006 through June 30, 2007). TPEG is funded through tuition revenue generated by public colleges in Texas and is considered institutional aid. For private institutions, data is taken from the December 2007 Annual Statistical Report of the Independent Colleges and Universities of Texas (ICUT) and represents institutional grant aid for Award Year 2006-2007 (July 1, 2005 through June 30, 2006). For the Texas Higher Education Overview sheet and the seven regional Overview sheets, Institutional Aid is the sum of TPEG for AY 2006-2007 and private institutional aid for AY 2005-2006.
Borrowing Statistics
Net Loan Volume: Taken from TG's database, Net Loan Volume represents cumulative total loan volume minus full and partial cancellations, withdrawals, loan transfers to other guarantee agencies, and consolidation loans as of September 30, 2008.
Number of Loans: Taken from TG's database, Number of Loans represents cumulative total number of loans that have been guaranteed by TG minus full cancellations, withdrawals, loan transfers to other guarantee agencies, and consolidation loans as of September 30, 2008.
Number of Student Borrowers: Taken from TG's database, Number of Student Borrowers represents the cumulative total number of student borrowers as of September 30, 2008.
Amount of Default Claims Paid: Taken from TG's database, Amount of Default Claims Paid shows the total principal amount of claims paid on defaulted loans as of September 30, 2008. The claim paid principal includes the amount of interest capitalized by the guarantee agency.
Number of Defaulted Borrowers: Taken from TG's database, Number of Defaulted Borrowers represents the cumulative total number of defaulted borrowers as of September 30, 2008.
FY 2008 Freshman Loan Volume (by Texas Region): This section reports the percentage of freshman loan volume by Texas Region using the borrower's permanent address at the time of the application. Due to rounding, amounts may not equal 100 percent. A map and a list of counties associated with each region can be found at the end of this section.
Median TG Borrower Indebtedness: Median Borrower Indebtedness (MBI) is the median TG-guaranteed loan debt for borrowers leaving school in a given fiscal year. Half of all borrowers at a school have indebtedness levels below the median amount and half have debts above the median. However, actual loan indebtedness might be higher since this statistic includes only TG-guaranteed loans. Note that the MBI is the median indebtedness of student borrowers leaving an institution by graduation or withdrawal, not the median indebtedness of all students attending or leaving an institution. The MBI includes both the borrowing of students during the attendance at a school and the students' borrowing at previously attended institutions. The School Fact Sheets provides MBI for fiscal years 2004 through 2006. Figures for FY 2007 are not available due to normal delays in reporting enrollment verification information.
Default Information
ED Cohort Default Rates: The School Fact Sheets displays the ED-published Cohort Default Rates for Fiscal Years 2001-2006. The Cohort Default Rate is the percentage of students with loans entering repayment in a given fiscal year who default on their obligations before the end of the next fiscal year. The 2006 Cohort Default Rate, for example, is based on students who entered repayment in Fiscal Year 2006 (Oct.1, 2005 - Sept. 30, 2006) and subsequently fell into default before the end of Fiscal Year 2007 (Sept. 30, 2007). (The Department of Education has excluded a number of Texas colleges and universities from its cohort default rate publications in some years. The School Fact Sheets will reflect ED omissions.)
Volume Information
Gross Loan Volume by Program Type and Fiscal Year: This table summarizes total gross loan volume and total gross number of loans for FY 2007 and FY 2008, both overall and within loan program types (Stafford Subsidized, Stafford Unsubsidized, Parent PLUS, and Graduate PLUS). Stafford Subsidized are need-based loans in which interest is paid by the Department of Education while the student is in school, during the grace period, and during authorized periods of deferment. Stafford Unsubsidized are non need-based loans in which the borrower is responsible for all interest payments. Parent PLUS loans are for parents of dependent undergraduate students in which the borrower is responsible for all interest payments. Grad PLUS loans allow graduate and professional students to borrow more than the loan limits set by the Stafford loan program. The borrower is responsible for all interest payments under this program. The table also indicates the percentage change between the two fiscal years for each loan program type and the percentage change overall.
TG Loan Volumes of Top Ten Lenders (FY 2007 vs. FY 2008): This table displays as many as ten of each school's top lenders for the most recent fiscal year (FY 2008), the number of loans issued by these lenders, and the gross total amounts of the loans. The comparable figures for FY 2007 are also provided, along with columns that report the percentage change between Fiscal Years 2007 and 2008. The table orders lenders from highest to lowest in terms of FY 2008 gross guarantee amount. All data in this section come directly from TG's loan guarantee data files. The table lists up to ten lenders for each school, however, some schools have fewer than ten originating lenders.