Postsecondary Education
Finance and Resources
Table A-40-2. Average amount of grant and scholarship aid and average net price for first-time, full-time students receiving aid and percentage distribution of students, by institution control and level and income level: Academic year 2009–10
| Average amount of grant and scholarship aid from all sources and net price |
Average per student |
|
Percentage distribution |
| All institutions |
Public |
Private |
|
All institutions |
Public |
Private |
| Nonprofit |
For-profit |
|
Nonprofit |
For-profit |
| |
4-year institutions |
| Grant and scholarship aid |
|
|
|
|
|
|
|
|
|
| All income levels |
$8,450 |
$5,960 |
$15,300 |
$4,150 |
|
100.0 |
100.0 |
100.0 |
100.0 |
| $ 0–30,000 |
9,000 |
9,060 |
17,160 |
4,620 |
|
39.8 |
34.6 |
25.6 |
74.8 |
| $ 30,001–48,000 |
10,470 |
8,270 |
18,380 |
3,950 |
|
14.9 |
16.4 |
14.1 |
12.4 |
| $ 48,001–75,000 |
8,720 |
4,880 |
16,430 |
2,090 |
|
15.4 |
17.2 |
17.9 |
6.9 |
| $ 75,001–110,000 |
6,960 |
2,300 |
14,360 |
1,090 |
|
14.2 |
15.9 |
18.2 |
3.5 |
| $ 110,001 or more |
6,200 |
1,680 |
11,410 |
940 |
|
15.8 |
15.9 |
24.2 |
2.3 |
| |
|
|
|
|
|
|
|
|
|
| Net price |
|
|
|
|
|
|
|
|
|
| All income levels |
17,360 |
12,030 |
22,160 |
23,430 |
|
100.0 |
100.0 |
100.0 |
100.0 |
| $ 0–30,000 |
14,950 |
7,850 |
16,370 |
22,490 |
|
39.8 |
34.6 |
25.6 |
74.8 |
| $ 30,001–48,000 |
14,160 |
9,430 |
17,600 |
23,930 |
|
14.9 |
16.4 |
14.1 |
12.4 |
| $ 48,001–75,000 |
17,140 |
13,410 |
20,690 |
26,380 |
|
15.4 |
17.2 |
17.9 |
6.9 |
| $ 75,001–110,000 |
20,160 |
16,470 |
24,300 |
29,400 |
|
14.2 |
15.9 |
18.2 |
3.5 |
| $ 110,001 or more |
24,170 |
17,840 |
30,430 |
33,210 |
|
15.8 |
15.9 |
24.2 |
2.3 |
| |
2-year institutions |
| Grant and scholarship aid |
|
|
|
|
|
| All income levels |
$4,370 |
$4,510 |
$6,120 |
$4,100 |
|
100.0 |
100.0 |
100.0 |
100.0 |
| $ 0–30,000 |
5,060 |
5,390 |
6,410 |
4,550 |
|
68.2 |
64.6 |
63.9 |
74.1 |
| $ 30,001–48,000 |
4,290 |
4,480 |
5,820 |
3,850 |
|
15.5 |
16.3 |
18.0 |
14.1 |
| $ 48,001–75,000 |
2,240 |
2,250 |
5,280 |
2,080 |
|
9.4 |
10.7 |
10.1 |
7.1 |
| $ 75,001–110,000 |
810 |
700 |
5,130 |
910 |
|
4.7 |
5.6 |
5.3 |
3.1 |
| $ 110,001 or more |
570 |
470 |
6,520 |
540 |
|
2.3 |
2.7 |
2.7 |
1.6 |
| |
|
|
|
|
|
|
|
|
|
| Net price |
|
|
|
|
|
|
|
|
|
| All income levels |
13,510 |
6,470 |
16,450 |
24,890 |
|
100.0 |
100.0 |
100.0 |
100.0 |
| $ 0–30,000 |
13,220 |
5,480 |
15,420 |
24,130 |
|
68.2 |
64.6 |
63.9 |
74.1 |
| $ 30,001–48,000 |
13,100 |
6,500 |
17,980 |
25,400 |
|
15.5 |
16.3 |
18.0 |
14.1 |
| $ 48,001–75,000 |
14,380 |
8,970 |
17,270 |
27,690 |
|
9.4 |
10.7 |
10.1 |
7.1 |
| $ 75,001–110,000 |
15,790 |
10,840 |
19,660 |
30,170 |
|
4.7 |
5.6 |
5.3 |
3.1 |
| $ 110,001 or more |
16,920 |
11,110 |
21,220 |
32,530 |
|
2.3 |
2.7 |
2.7 |
1.6 |
| NOTE: Data on average amount of grant and scholarship aid and net price are only for students receiving Title IV financial aid and include both dependent and independent students. These data are weighted by the number of first-time, full-time students at the institution receiving Title IV aid. Title IV aid includes grant aid, work study aid, and loan aid. Grant aid refers to federal, state, and local government, as well as institutional, grants and scholarships. Year-to-year changes in cost may be affected by changes in enrollment. For those Title IV recipients, net price is reported by income category and includes students who received federal aid, even if none of that aid was provided in the form of grants. While Title IV status defines the cohort of students for which the data are reported, the definition of net price remains the same – total cost of attendance minus grant aid. Detail may not sum to total due to rounding. For more information on the Integrated Postsecondary Education Data System (IPEDS), see Appendix B – Guide to Sources. |
| SOURCE: U.S. Department of Education, National Center for Education Statistics, Integrated Postsecondary Education Data System (IPEDS), Spring 2011, Student Financial Aid component. |
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