HBCU -7.38%; -$61,965,397

PBI -3.74 -$8,827,023

-7.46 for All Schools

Normalized trend without 2 Pells: Average awards

2006-07 2007-08 2008-09 2009-10

All Schools $2,482 $2,648 $2,971 Two Pells began

4. Analysis on current and potential impact of Pell duration/lifetime

The latest information we have readily available is that as of July 1, 2012 we had identified 154,000 2012-2013 applicants that they are no longer eligible for Pell Grants because they had reached or exceeded the new statutory maximum of the equivalent of 12 semesters. In addition 240,000 2012-2013 applicants were identified as having only partial eligibility for the award year.

2012-2013 Pell Grant disbursements are only now beginning to be processed. We will be examining the impact overall and the impact to HBCUs and other MSIs in particular as the award year progresses.

5. Impact of ATB

We do not have enough information at this time for 2012-2013 to analyze.

6. a) Tiering HBCU Schools for changes in Total Pell Grant Disbursements*

Looking at the % CHANGE IN Total PELL DISBURSEMENTS for individual schools FROM 2010-2011 to 2011-2012:

• 17 schools had over 1% increase
• 7 schools had basically no change (less than 1% plus or minus)
• 18 schools had 1% to 5% decrease
• 23 schools had over 5% to 10% decrease
• 20 schools had over 10% up to 15% decrease
• 11 schools had 15% or greater decrease

b) Tiering PBI schools for changes in Total Pell Grant Disbursements*

37 schools had over 1% increase

- 10 schools had basically no change (less than 1% plus or minus)