The vouchering process, however, seems to be going well with a quick turnaround time getting dollars to the students. Jane recommended leaving formula as is. If leftover, we could carry it forward being that we are in the first year of the biennial period. A motion was made by Mary Jo Green and seconded by Jeremy Shea to adopt the current formula with the intent to move to the new single formula for 2000-2001. Roll call vote passed unanimously 6-0.
Applicant numbers are up, but commits are down.
We found that EFCs are up, AGI's are up in certain pockets of students. Jane recommended using this for 1999-2000. Discussion occurred regarding collapsing the UW WHEG formula into one formula for dependent and independent students. Some preliminary simulations have already been set up and will be looked at when planning begins. The theory is to bring the independent maximum closer to the dependent maximum making the transition a little easier.