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2009 Annual Report of the State-Supported Student Financial Aid ...

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William Winter Teacher Loan/Scholarship (WWTS)William Winter Teacher Loan/Scholarship awards are available to juniors and seniors seeking a first bachelor’s degreeat a Mississippi college or university in a program <strong>of</strong> study leading to a Class "A" educator's license. Participants mayfulfill <strong>the</strong> loan-to-service obligation by working in a Mississippi public school for one year for each year <strong>of</strong> loanreceived. To be eligible, students must be Mississippi residents with a 2.5 GPA. <strong>Student</strong>s must attend full-time andmust have passed <strong>the</strong> Praxis 1. Participants receive up to $4,000 per year, not to exceed $8,000 for a maximum <strong>of</strong> two(2) years or four (4) semesters. The application deadline is March 31.History <strong>of</strong> Funding and AwardsFY 2005 FY 2006 FY 2007 FY 2008 FY <strong>2009</strong>Total Applicants Awarded 759 692 550 543 360Total Funding for Program $ 2,565,010.00 $ 2,453,107.00 $ 1,999,979.50 $ 1,921,658.00 $ 1,240,328.00Eligible Applicants N/A N/A N/A N/A 360Award Rate N/A N/A N/A N/A 100%Average Award Amount $ 3,379.46 $ 3,544.95 $ 3,636.33 $ 3,538.97 $ 3,445.36Applicants Not Funded N/A N/A N/A N/A 0Funding Disparity N/A N/A N/A N/A $ -(In millions)History <strong>of</strong> Funding (FY 2005 to FY <strong>2009</strong>)$3.00$2.57$2.45$2.50$2.00 $1.92$2.00$1.50$1.00$0.50$-$1.24FY 2005 FY 2006 FY 2007 FY 2008 FY <strong>2009</strong>9008007006005004003002001000History <strong>of</strong> Awards (FY 2005 to FY <strong>2009</strong>)759692550543360FY 2005 FY 2006 FY 2007 FY 2008 FY <strong>2009</strong>Awards by InstitutionAwards 4-Year Private Institutions Amount1 Belhaven College $ 4,000.0016 Blue Mountain College $ 54,000.0015 Mississippi College $ 50,000.001 Tougaloo College $ 4,000.0045 William Carey University $ 149,328.0078 $ 261,328.00Awards 4-Year Public Institutions Amount2 Alcorn <strong>State</strong> University $ 6,000.003 Delta <strong>State</strong> University $ 10,000.007 Jackson <strong>State</strong> University $ 21,000.00112 Mississippi <strong>State</strong> University $ 380,000.0010 Mississippi University for Women $ 36,000.00Undergraduate Loan/Scholarship Programs William Winter Teacher Loan/Scholarship - 81

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