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Table 1. Percentage of undergraduates receiving selected types of financial aid, by type of institution, attendance pattern, dependency status, and income level: 2011–12

  Aid type
Type of institution and student characteristics Any aid1 Any grants2 Any student loans3 Work- study   Veterans' benefits4   Direct PLUS Loans to parents
    Total 70.7 59.1 41.8 5.9 3.7 4.5
All undergraduates
Type of institution
  Public
   Less-than-2-year 69.9 64.6 21.7 0.9 ! 1.1 !
   2-year 57.0 50.5 17.6 1.9 2.9 0.1
   4-year non-doctorate-granting 68.5 55.3 39.4 5.3 3.2 4.1
   4-year doctorate-granting 76.8 59.9 55.5 6.2 2.8 8.5
  Private nonprofit
   Less-than-4-year 80.2 71.4 49.9 3.6 ! 7.0
   4-year non-doctorate-granting 87.4 78.1 64.0 24.4 3.7 11.8
   4-year doctorate-granting 84.9 74.7 60.7 24.8 2.7 12.0
  Private for-profit
   Less-than-2-year 88.5 77.5 76.0 0.3 ! 1.7 4.6
   2-year 82.2 64.7 64.3 2.6 6.2 7.4
   4-year 90.4 70.7 75.3 1.1 10.1 3.5
   
  More than one institution 73.5 58.8 48.7 5.7 4.9 5.9
Attendance pattern
  Full-time/full-year5 84.4 72.4 56.4 11.9 3.6 9.1
  Part-time or part-year 62.1 50.8 32.6 2.2 3.8 1.6
Full-time/full-year undergraduates5
Dependency status6
  Dependent 82.3 69.9 54.0 14.8 1.1 13.1
  Independent 89.2 78.1 62.0 5.2 9.1
Dependency and income in 20107
  Dependent students
   Less than $20,000 95.6 95.1 56.6 17.9 0.9 8.7
   $20,000–39,999 90.6 89.0 55.0 18.4 1.3 9.5
   $40,000–59,999 90.7 83.9 63.6 17.1 1.7 14.5
   $60,000–79,999 80.3 64.1 58.3 15.8 1.1 14.5
   $80,000–99,999 76.7 54.5 56.1 14.2 1.1 17.1
   $100,000 or more 71.6 51.4 46.1 10.5 0.9 14.4
  Independent students
   Less than $10,000 91.5 87.6 62.0 8.5 6.3
   $10,000–19,999 91.3 87.3 64.4 4.5 8.2
   $20,000–29,999 90.0 77.2 64.3 3.7 10.7
   $30,000–49,999 90.1 67.3 64.6 1.7 12.4
   $50,000 or more 76.0 41.9 51.8 1.4 14.5

† Not applicable.

! Interpret data with caution. Estimate is unstable because the standard error represents more than 30 percent of the estimate.

‡ Reporting standards not met. (Too few cases for a reliable estimate.)

1 Includes all types of financial aid from any source except parents, friends, or relatives. Includes Direct PLUS Loans to parents.

2 Include grants, scholarships, or tuition waivers from federal, state, institutional, or private sources, including employers.

3 Include federal, state, institutional, and private (alternative) loans. Does not include Direct PLUS Loans to parents.

4 Include benefits to dependents.

5 Full-time/full-year students were enrolled full time for 9 or more months from July 1, 2011 to June 30, 2012.

6 Dependent students are undergraduates under age 24 who are not married, have no dependents, are not veterans or on active military duty, are not orphans or wards of the court, were not homeless or at risk of becoming homeless, and were not determined to be independent by a financial aid officer using professional judgment. Other undergraduates are considered to be independent.

7 Consists of parents’ income for dependent students. Independent student income includes the income of a spouse if the student is married.

NOTE: Students may receive more than one type of aid. Estimates include students enrolled in Title IV eligible postsecondary institutions in the 50 states and the District of Columbia. Standard error tables are available at http://nces.ed.gov/pubsearch/pubsinfo.asp?pubid=2013165.

SOURCE: U.S. Department of Education, National Center for Education Statistics, 2011–12 National Postsecondary Student Aid Study (NPSAS:12).

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