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The Characteristics Associated with Student - page 62 / 94

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Total Other Aid

Total Other Aid represents all non-loan and non-work study assistance. This variable includes grant and scholarship assistance.

3,181

96.2

124

3.8

3,305

1,522

96.1

62

3.9

1,584

2,333

94.0

148

6.0

2,481

959

94.9

52

5.1

1,011

1,411

95.3

70

4.7

1,481

1,309

94.9

71

5.1

1,380

1,461

95.2

73

4.8

1,534

12,176

95.3

600

4.7

12,776

Borrowers who receive $1,000 or less in Total Other Aid have about a 3.9 percent default rate; all other borrowing groups have rates that are somewhat above average. Borrowers who receive low amounts of Total Other Aid tend to have the high EFCs that are associated with lower rates of default. Nevertheless, this relationship is very weak, though statistically significant.

Total Other Aid

$0 $1 to $1,000 $1,001 to $3,000 $3,001 to $4,000 $4,001 to $6,000 $6,001 to $9,000 $9,001 or more All Undergraduates

Total

% of

% of

row

N

row

N

No

Default

Yes

143

93.5

10

6.5

153

403

95.5

19

4.5

422

11,630

95.3

571

4.7

12,201

12,176

95.3

600

4.7

12,776

Dependent Status

Dependency status has no statistically significant relationship to default. However, it appears that values are missing for this variable more frequently than should be the case. Until valid data are available, we will not know the true relationship between dependency and default.

Dependency Status

Dependent Independent Missing All Undergraduates

Total

% of

% of

row

N

row

N

No

Default

Yes

59

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