Postsecondary Education

Finance and Resources

Table A-A-45-2. Average award for full-time, first-time degree/certificate-seeking undergraduates participating in financial aid programs, by type of aid and control of degree-granting institution: Academic years 2000–01 through 2006–07

	Average award for students in financial aid programs¹				Average award for students in financial aid programs¹
	[In current dollars]				[In constant 2007–08 dollars]
Control of degree-granting institution and year	Federal grants	State/ local grants	Institutional grants	Student loans²	Federal grants	State/ local grants	Institutional grants	Student loans²
All institutions
2000–01	$2,486	$2,039	$4,740	$3,764	$3,006	$2,465	$5,731	$4,551
2001–02	2,739	2,057	4,918	3,970	3,254	2,444	5,843	4,717
2002–03	2,947	2,189	5,267	4,331	3,426	2,544	6,123	5,034
2003–04	2,934	2,226	5,648	4,193	3,337	2,533	6,425	4,770
2004–05	2,939	2,343	5,958	4,463	3,246	2,588	6,580	4,928
2005–06	2,959	2,441	6,213	4,831	3,148	2,597	6,610	5,140
2006–07	3,125	2,526	6,593	5,014	3,241	2,619	6,837	5,200

	Percentage change 2000–01 to 2006–07
	25.7	23.9	39.1	33.2	7.8	6.3	19.3	14.3

Public
2000–01	2,408	1,707	2,275	3,050	2,911	2,064	2,750	3,688
2001–02	2,665	1,740	2,324	3,105	3,166	2,068	2,761	3,688
2002–03	2,811	1,893	2,441	3,241	3,268	2,201	2,838	3,767
2003–04	2,868	1,997	2,657	3,431	3,263	2,272	3,022	3,904
2004–05	2,891	2,138	2,976	3,715	3,193	2,362	3,286	4,103
2005–06	2,926	2,226	3,162	3,866	3,113	2,369	3,364	4,113
2006–07	3,099	2,318	3,316	4,081	3,214	2,404	3,439	4,232

	Percentage change 2000–01 to 2006–07
	28.7	35.8	45.8	33.8	10.4	16.5	25.0	14.8

Private not-for-profit
2000–01	2,879	2,998	7,368	4,019	3,481	3,625	8,908	4,860
2001–02	3,107	2,980	7,782	4,251	3,691	3,540	9,245	5,050
2002–03	3,320	2,995	8,311	4,510	3,860	3,482	9,661	5,243
2003–04	3,395	2,969	8,970	4,735	3,862	3,378	10,204	5,387
2004–05	3,427	3,057	9,284	4,981	3,784	3,376	10,253	5,501
2005–06	3,426	3,117	9,932	5,270	3,645	3,316	10,567	5,606
2006–07	3,704	3,321	10,724	5,544	3,841	3,444	11,122	5,750

	Percentage change 2000–01 to 2006–07
	28.7	10.8	45.6	37.9	10.4	-5.0	24.8	18.3

Private for-profit
2000–01	2,312	2,494	1,540	5,517	2,796	3,015	1,861	6,671
2001–02	2,603	2,539	1,594	6,040	3,093	3,016	1,894	7,175
2002–03	3,039	2,749	1,959	6,912	3,533	3,196	2,277	8,035
2003–04	2,709	2,379	1,649	5,580	3,082	2,706	1,876	6,348
2004–05	2,703	2,380	1,639	5,575	2,985	2,628	1,810	6,157
2005–06	2,725	2,796	1,423	6,454	2,899	2,974	1,514	6,866
2006–07	2,776	2,474	1,545	6,506	2,878	2,565	1,602	6,747

	Percentage change 2000–01 to 2006–07
	20.0	-0.8	0.4	17.9	3.0	-14.9	-13.9	1.1
¹ Average amounts for students participating in indicated programs.
² Includes all Title IV subsidized and unsubsidized loans made directly to students, as well as institutionally- and privately-sponsored student loans. Does not include Parent Loans for Undergraduate Students (PLUS) and other loans made directly to parents.
NOTE: Degree-granting institutions grant associate’s or higher degrees and participate in Title IV federal financial aid programs. For more information about the Integrated Postsecondary Education Data System (IPEDS), see supplemental note 3.
SOURCE: U.S. Department of Education, National Center for Education Statistics, 2000–01 through 2006–07 Integrated Postsecondary Education Data System (IPEDS), Spring 2002 through Spring 2008.

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