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Title:  2003-04 National Postsecondary Student Aid Study (NPSAS:04) Undergraduate Financial Aid Estimates for 2003-04 by Type of Institution
Description: This E.D. TAB is the second publication based on the 2003-04 National Postsecondary Student Aid Study (NPSAS:04) conducted by the National Center for Education Statistics (NCES) within the U.S. Department of Education. NPSAS is a comprehensive survey that examines how students and their families pay for postsecondary education. This E.D. TAB focuses only on undergraduates, including separate tables for those who attended public 4-year, private-not-for-profit 4-year, public 2-year, or private for-profit postsecondary institutions during the 2003-04 academic year. It describes average tuition and fees, average total price of attendance, and the percentages of undergraduates receiving various types and combinations of financial aid and average amounts received, with a particular focus on grants and loans. The results show that 63 percent of all undergraduates enrolled in 2003-04 received some type of financial aid. About one-half (51 percent) of undergraduates received grants and about one-third (35 percent) took out student loans. The average amount of grants received was $4,000, and the average amount borrowed by undergraduates in 2003-04 was $5,800.
Online Availability:
Cover Date: June 2005
Web Release: June 24, 2005
Print Release: This Publication will only be available online.
Publication #: NCES 2005163
General Ordering Information
Center/Program: NCES
Authors: Lutz Berkner, Christina Chang Wei, Shirley He, Stephen Lew, Melissa Cominole, and Peter Siegel
Type of Product: First Look / ED TAB
Survey/Program Areas: National Postsecondary Student Aid Study (NPSAS)
Keywords:
Cost of higher education
Debt burden
Higher education
Postsecondary education
Student financial aid
Tuition/fees
Questions: For questions about the content of this First Look / ED TAB, please contact:
Aurora M. D'Amico.
 
 
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National Center for Education Statistics - http://nces.ed.gov
U.S. Department of Education