Needs-Based Student Financial Aid Reports


Needs-based financial aid for higher education in Alabama is available from both state and federal sources.  In Alabama, the state level needs-based student financial aid program is called the Alabama Student Assistance Program (ASAP).  ASAP is funded by both the state and the federal Leveraging Educational Assistance Partnership (LEAP) Program formerly known as the State Student Incentive Grant (SSIG) Program, which provides funds to the State to help assist those students who demonstrate substantial financial need.  ASAP is the State’s only need-based student aid program for residents attending postsecondary education institutions in Alabama.

Another source of federal student aid is the Pell Grant program.  Pell Grants are awarded usually only to undergraduate students who have not earned a bachelor's or a professional degree. (In some cases, however, a student enrolled in a post-baccalaureate teacher certification program might be eligible to receive a Pell Grant.) Pell Grants are considered a foundation of federal financial aid, to which aid from other federal and nonfederal sources might be added.  The maximum can change each award year and depends on program funding. The amount received depends not only on an individual’s financial need, but also on the cost to attend school, a student’s status as a full-time or part-time student, and whether they are attending school for a full academic year or less.

A comparison of the total amount of Pell Grants awarded to students at institutions of higher education compared to the number of students receiving financial aid through the Alabama Student Assistance Program (ASAP) can be found in the following table.

The amount of needs-based financial aid awarded to students through the Alabama Student Assistance Program (ASAP) disaggregated by institution and by the number of students receiving ASAP funds can be found on the following tables.

A comparison of state needs-based financial aid provided in Alabama with regional and national financial aid data for FY 2009-2010 is available at the following website.  See Table 21 for the Distribution of Federal Grant Recipients by State and Control of Institutions. Note: Alabama numbers include out-of-state students who attend Alabama institutions.

http://www2.ed.gov/finaid/prof/resources/data/pell-2009-10/pell-eoy-2009-10.html

For comparison purposes links for the FY 2007-2008 and 2008-2009 can also be found below. 

http://www2.ed.gov/finaid/prof/resources/data/pell-2008-09/pell-eoy-2008-09.html

http://www2.ed.gov/finaid/prof/resources/data/pell-2007-08/pell-eoy-2007-08.html

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