Average academic year cost of attendance, average grant/scholarship aid, and net price of attendance for full-time, first-time degree/certificate-seeking undergraduate students at Title IV institutions, by control of institution, level of institution and other selected characteristics: United States, academic year 2011-12 | |||||||||
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Public2 | Private nonprofit3 | Private for-profit3 | |||||||
Level of institution, type of aid awarded, and family income level1 | Average cost | Average grant/ scholarship aid | Net price | Average cost | Average grant/ scholarship aid | Net price | Average cost | Average grant/ scholarship aid | Net price |
4-year | |||||||||
Students awarded any grant aid | 18,257 | 6,532 | 11,725 | 35,202 | 14,576 | 20,626 | 26,995 | 5,082 | 21,913 |
Students awarded Title IV aid | |||||||||
All family income levels | 18,303 | 5,786 | 12,516 | 35,190 | 14,726 | 20,464 | 26,888 | 4,503 | 22,385 |
$0-30,000 | 18,303 | 9,003 | 9,300 | 35,190 | 18,801 | 16,389 | 26,888 | 5,240 | 21,648 |
$30,001-48,000 | 18,303 | 7,636 | 10,666 | 35,190 | 18,407 | 16,783 | 26,888 | 4,649 | 22,239 |
$48,001-75,000 | 18,303 | 4,542 | 13,761 | 35,190 | 15,941 | 19,250 | 26,888 | 2,709 | 24,179 |
$75,001-110,000 | 18,303 | 2,281 | 16,022 | 35,190 | 13,890 | 21,300 | 26,888 | 1,143 | 25,745 |
$110,001 and more | 18,303 | 1,683 | 16,620 | 35,190 | 11,173 | 24,017 | 26,888 | 1,141 | 25,747 |
2-year | |||||||||
Students awarded any grant aid | 11,749 | 4,542 | 7,207 | 24,097 | 5,728 | 18,369 | 24,424 | 5,143 | 19,281 |
Students awarded Title IV aid | |||||||||
All family income levels | 11,782 | 4,598 | 7,184 | 23,995 | 5,166 | 18,828 | 24,387 | 4,562 | 19,825 |
$0-30,000 | 11,782 | 5,340 | 6,442 | 23,995 | 6,522 | 17,472 | 24,387 | 5,233 | 19,154 |
$30,001-48,000 | 11,782 | 4,444 | 7,338 | 23,995 | 5,257 | 18,738 | 24,387 | 4,326 | 20,061 |
$48,001-75,000 | 11,782 | 2,689 | 9,093 | 23,995 | 3,925 | 20,070 | 24,387 | 2,474 | 21,913 |
$75,001-110,000 | 11,782 | 1,193 | 10,589 | 23,995 | 2,387 | 21,608 | 24,387 | 604 | 23,783 |
$110,001 and more | 11,782 | 786 | 10,996 | 23,995 | 2,558 | 21,436 | 24,387 | 641 | 23,746 |
Less-than-2-year | |||||||||
Students awarded any grant aid | 13,115 | 4,473 | 8,642 | 19,673 | 5,831 | 13,842 | 23,041 | 4,693 | 18,348 |
Students awarded Title IV aid | |||||||||
All family income levels | 13,270 | 4,237 | 9,034 | 20,576 | 4,732 | 15,844 | 22,928 | 4,406 | 18,522 |
$0-30,000 | 13,270 | 4,456 | 8,814 | 20,576 | 6,151 | 14,426 | 22,928 | 4,812 | 18,115 |
$30,001-48,000 | 13,270 | 4,367 | 8,903 | 20,576 | 5,431 | 15,145 | 22,928 | 3,251 | 19,677 |
$48,001-75,000 | 13,270 | 3,351 | 9,920 | 20,576 | 2,800 | 17,777 | 22,928 | 2,215 | 20,713 |
$75,001-110,000 | 13,270 | 1,023 | 12,248 | 20,576 | 3,600 | 16,977 | 22,928 | 837 | 22,091 |
$110,001 and more | 13,270 | 628 | 12,642 | 20,576 | 4,663 | 15,913 | 22,928 | 210 | 22,717 |
1 Students are classified into a family income category by the institution they attend based on the income used by the institution’s financial aid office to calculate the student’s expected family contribution.
2 Average cost, average grant/scholarship aid, and net price for public institutions are displayed for students paying in-district tuition.
3 Average cost, average grant/scholarship aid, and net price for private nonprofit and private for-profit institutions is displayed for all students.
NOTE: Title IV institutions are those with a written agreement with the Secretary of Education that allows the institution to participate in any of the Title IV federal student financial assistance programs. Although they are not Title IV eligible, four of the U.S. service academies are included in the Integrated Postsecondary Education Data System (IPEDS) universe since they are federally funded and open to the public. However, the U.S. service academies are not included in this table. The net price of attendance is the price actually charged to full-time, first-time undergraduate students awarded financial aid at an institution after deducting federal, state/local government, and institutional grant and scholarship aid. The calculation of net price of attendance does not include loan aid. Because not all institutions have students at each income level, for the purposes of this table the net price is calculated as the average cost minus the average grant/scholarship aid. Average cost is calculated using the tuition and required fees, books and supplies, room and board, and other expenses data from the Institutional Characteristics component. A weighted average of on-campus; off-campus, not with family; and off-campus, with family room and board and other expenses values was used to calculate a single average cost instead of individual costs by living arrangement. The factors used to generate this weighted average were reported in the Student Financial Aid component separately for the group of students awarded any grant aid and the group of students awarded Title IV aid. Hence, the resulting average cost values may differ between the groups. Detail may not sum to totals because of rounding. Definitions for terms used in this table may be found in the IPEDS online glossary located at http://nces.ed.gov/ipeds/glossary. tuition and required fees, books and supplies, room and board, and other expenses data from the Institutional Characteristics component. A weighted average of on-campus; off-campus, not with family; and off-campus, with family room and board and other expenses values was used to calculate a single average cost instead of individual costs by living arrangement. The factors used to generate this weighted average were reported in the Student Financial Aid component separately for the group of students awarded any grant aid and the group of students awarded Title IV aid. Hence, the resulting average cost values may differ between the groups. Detail may not sum to totals because of rounding. Definitions for terms used in this table may be found in the IPEDS online glossary located at http://nces.ed.gov/ipeds/glossary.
SOURCE: U.S. Department of Education, National Center for Education Statistics, IPEDS, Fall 2012, Institutional Characteristics component (final data) and Winter 2012-13, Student Financial Aid component (final data).