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Status and Trends in the Education of Racial and Ethnic Minorities
NCES 2007-039
September 2007

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Table 24b.

Average amount of financial aid from any source per full-time, full-year undergraduate student, by type of aid, and race/ethnicity: 19992000 and 200304


Type of aid and race/ethnicity 1999-2000 2003-04
Any aid
Total1 $9,300 $9,900
White 9,500 9,900
Black 9,300 10,500
Hispanic 7,800 9,000
Asian/Pacific Islander 10,100 10,000
American Indian/Alaska Native 9,200 9,500
 
Grants
Total1 $5,400 $5,600
White 5,600 5,500
Black 5,100 5,700
Hispanic 4,700 5,400
Asian/Pacific Islander 6,400 6,700
American Indian/Alaska Native 5,700 5,400
 
Loans
Total1 $6,000 $7,300
White 6,000 7,400
Black 5,800 7,100
Hispanic 5,900 7,000
Asian/Pacific Islander 6,000 7,100
American Indian/Alaska Native 5,800 6,900
1 Total includes other race/ethnicity categories not separately shown.
NOTE: All dollar values are in 2003-04 dollars. Students may receive aid from multiple sources. Figures include PLUS loans (loans to parents). Data include undergraduates in degree-granting and non-degree granting institutions. Race categories exclude persons of Hispanic origin.
SOURCE: U.S. Department of Education, National Center for Education Statistics, 1999-2000 and 2003-04 National Postsecondary Student Aid Study (NPSAS:2000 and NPSAS:04).
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