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Table 388. Average amount of grant and scholarship aid and average net price for first-time, full-time students receiving Title IV aid, and percentage distribution of students, by control and level of institution and income level: 2009-10 and 2010-11
Selected characteristic Average per student who received any Title IV aid
(in current dollars)
Percentage distribution of students who received
any Title IV aid
2009-10 2010-11 2009-10 2010-11
All insti-
tutions
Public Private All insti-
tutions
Public Private All insti-
tutions
Public Private All insti-
tutions
Public Private
Non-
profit
For-profit Non-
profit
For-profit Non-
profit
For-profit Non-
profit
For-profit
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17
4-year institutions                                
Grant and scholarship aid1                                
All income levels $9,060 $5,980 $15,510 $4,450 $9,660 $6,430 $16,260 $4,880 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
$0 to $30,000 10,350 9,110 17,380 5,160 10,900 9,530 17,740 5,470 34.8 34.6 25.1 67.6 35.3 35.5 26.1 69.0
$30,001 to $48,000 11,200 8,350 18,650 4,540 11,800 8,810 19,340 5,070 15.3 16.3 14.0 14.1 15.5 16.5 14.1 14.0
$48,001 to $75,000 9,140 4,920 16,770 2,400 9,700 5,410 17,590 3,080 16.6 17.2 18.0 8.9 17.0 17.7 17.9 8.7
$75,001 to $110,000 7,150 2,270 14,630 1,210 7,650 2,470 15,560 1,570 15.7 16.0 18.4 5.3 15.4 15.5 17.8 4.8
$110,001 or more 6,290 1,590 11,530 1,020 6,890 1,640 12,390 1,410 17.6 15.8 24.5 4.1 16.9 14.7 24.1 3.5
                                 
Net price2                                
All income levels 16,490 11,930 21,820 23,490 16,820 12,280 22,620 23,460 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
$0 to $30,000 12,560 7,730 15,850 21,880 12,810 8,050 17,010 22,280 34.8 34.6 25.1 67.6 35.3 35.5 26.1 69.0
$30,001 to $48,000 13,100 9,260 17,140 23,830 13,410 9,660 18,060 23,520 15.3 16.3 14.0 14.1 15.5 16.5 14.1 14.0
$48,001 to $75,000 16,610 13,290 20,260 26,940 16,900 13,640 21,020 26,500 16.6 17.2 18.0 8.9 17.0 17.7 17.9 8.7
$75,001 to $110,000 19,860 16,400 23,900 29,970 20,420 17,100 24,620 28,990 15.7 16.0 18.4 5.3 15.4 15.5 17.8 4.8
$110,001 or more 24,090 17,870 30,230 33,050 25,000 18,730 31,090 31,280 17.6 15.8 24.5 4.1 16.9 14.7 24.1 3.5
                                 
2-year institutions                                
Grant and scholarship aid1                                
All income levels $4,470 $4,530 $5,620 $4,120 $4,630 $4,680 $6,200 $4,270 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
$0 to $30,000 5,250 5,450 5,900 4,580 5,370 5,510 6,300 4,770 66.4 63.9 67.7 75.0 67.1 65.5 66.9 73.9
$30,001 to $48,000 4,390 4,520 5,470 3,720 4,610 4,740 6,170 3,900 15.8 16.4 15.9 13.6 15.4 15.6 16.9 14.3
$48,001 to $75,000 2,250 2,240 4,550 2,040 2,490 2,480 5,790 2,240 10.0 11.0 9.1 6.8 10.3 11.1 8.7 7.1
$75,001 to $110,000 820 740 4,280 840 910 850 5,560 660 5.2 5.8 4.9 2.9 4.9 5.4 4.8 3.0
$110,001 or more 660 590 5,450 480 730 650 6,470 310 2.6 2.9 2.5 1.6 2.3 2.5 2.8 1.6
                                 
Net price2                                
All income levels 9,170 6,400 16,770 18,430 9,370 6,630 17,180 19,770 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
$0 to $30,000 8,620 5,380 16,160 17,940 8,810 5,730 16,230 19,250 66.4 63.9 67.7 75.0 67.1 65.5 66.9 73.9
$30,001 to $48,000 8,770 6,380 16,370 18,340 9,190 6,570 17,580 19,880 15.8 16.4 15.9 13.6 15.4 15.6 16.9 14.3
$48,001 to $75,000 10,790 8,900 18,600 20,760 10,900 8,990 19,340 21,980 10.0 11.0 9.1 6.8 10.3 11.1 8.7 7.1
$75,001 to $110,000 12,330 10,710 20,510 22,680 12,630 10,860 20,950 24,100 5.2 5.8 4.9 2.9 4.9 5.4 4.8 3.0
$110,001 or more 12,860 10,880 21,690 24,350 13,180 11,080 24,210 24,870 2.6 2.9 2.5 1.6 2.3 2.5 2.8 1.6
1 Grant and scholarship aid consists of federal Title IV grants, as well as other grant or scholarship aid from the federal government, state or local governments, or institutional sources. Title IV grants include Federal Pell Grants, Federal Supplemental Educational Opportunity Grants (FSEOGs), Academic Competitiveness Grants (ACGs), National Science and Mathematics Access to Retain Talent Grants (National SMART Grants), and Teacher Education Assistance for College and Higher Education (TEACH) Grants. The average amount of grant and scholarship aid by income level was calculated based on all students who received any type of Title IV aid, even those students who received zero Title IV aid in the form of grants and received Title IV aid only in the form of work-study aid or loan aid.
2 Net price is the total cost of attendance minus grant and scholarship aid from the federal government, state or local governments, or institutional sources. However, average net price by income level was calculated based on all students who received any type of Title IV aid, even those who received zero Title IV aid in the form of grants and received Title IV aid only in the form of work-study aid or loan aid.
NOTE: Excludes students who previously attended another postsecondary institution or who began their studies on a part-time basis. Includes only first-time, full-time students who paid the in-state or in-district tuition rate (if they attended public institutions) and who received Title IV aid. Excludes the 17.7 percent of students who did not receive any Title IV aid. Title IV aid includes grant aid, work-study aid, and loan aid. Data are weighted by the number of students at the institution receiving Title IV aid.
SOURCE: U.S. Department of Education, National Center for Education Statistics, Integrated Postsecondary Education Data System (IPEDS), Spring 2012, Student Financial Aid component. (This table was prepared December 2012.)
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National Center for Education Statistics - http://nces.ed.gov
U.S. Department of Education