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Table 20. Percentage of full-time, full-year undergraduates receiving financial aid and average amount of financial aid awarded, by type and source of aid and control and level of institution: Academic year 2007–08
 
Control and level of institution [In constant 2009–10 dollars]  
Any aid1   Grants2   Loans3   Work-study4
Percent Average amount   Percent Average amount   Percent Average amount   Percent   Average amount  
Total, all institutions 79.5 $13,000   64.4 $7,300   53.3 $9,700   13.5   $2,300  
Public 74.0 9,700   58.0 5,500   44.3 8,200   9.2   2,500  
4-year doctoral 76.7 11,700   58.9 6,500   52.7 9,100   9.9   2,500  
Other 4-year 80.9 10,000   62.1 5,500   54.6 7,900   11.1   2,400  
2-year 65.4 5,800   53.9 3,700   24.8 5,600   7.0   2,600  
Less-than-2-year 68.1 6,300   55.1 3,700   26.2 7,000   #    
Private not-for-profit 89.1 21,200   80.6 12,400   64.9 12,400   30.7   2,100  
4-year doctoral 84.8 22,700   75.9 13,200   61.6 13,600   29.1   2,300  
Other 4-year 93.3 20,200   85.7 11,800   68.8 11,400   33.0   2,000  
Less-than-4-year 93.4 10,200   72.3 5,900   44.9 10,900   4.8   2,200  
Private for-profit 96.9 13,400   72.3 4,100   92.0 10,500   2.1   3,600  
2-year and above 97.4 14,100   71.7 4,200   94.7 10,900   2.4   3,700  
Less-than-2-year 94.5 9,900   75.3 3,700   78.7 8,100   0.8 ! 1,500 !
# Rounds to zero.
! Interpret data with caution. The coefficient of variation (CV) for this estimate is 30 percent or greater.
‡ Reporting standards not met (too few cases).
1Includes students who reported that they were awarded aid, but did not specify the source or type of aid.
2Indicates all grants, scholarships, or tuition waivers received from federal, state, institutional, or private sources, including employers.
3Includes Parent Loans for Undergraduate Students (PLUS).
4 A part-time work program awarding on- or off-campus jobs to students who demonstrate financial need. Details on nonfederal work-study participants are not available.
NOTE: Aid averages are for those students who received the specified type of aid. Full-time, full-year students were enrolled full time for 9 or more months from July 1 through June 30. Data include Puerto Rico. Data were adjusted to constant 2009–10 dollars using the Consumer Price Index for All Urban Consumers (CPI-U).
SOURCE: U.S. Department of Education, National Center for Education Statistics, 2007–08 National Postsecondary Student Aid Study (NPSAS:08).

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