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Number of full-time, first-time degree/certificate-seeking undergraduates enrolled, number and percentage awarded financial aid, and average amount of financial aid awarded at Title IV institutions, by control and level of institution and type of aid: United States, academic year 2014–15
Type of aid Public Private
Nonprofit For-profit
All institutions 4-year 2-year Less-than- 2-year 4-year 2-year Less-than- 2-year 4-year 2-year Less-than- 2-year
Full-time, first-time undergraduates 2,733,810 1,095,363 676,643 18,934 503,666 32,706 11,043 81,791 143,859 169,805
Number awarded financial aid
Any financial aid 2,278,686 915,024 518,870 13,531 450,898 29,594 9,074 73,040 125,323 143,332
  Grant or loan aid 2,236,767 892,933 508,202 13,205 444,772 29,420 9,013 72,509 124,145 142,568
  Federal grants 1,278,058 410,319 376,192 10,422 164,155 24,114 8,035 58,836 103,684 122,301
    Federal Pell grants 1,265,540 406,554 372,413 9,832 162,009 23,967 7,867 58,425 102,792 121,681
    Other federal grants 297,682 92,481 55,300 1,424 71,592 2,063 1,964 17,553 32,391 22,914
  State/local grants 835,792 411,351 262,917 2,954 130,386 2,874 1,424 7,987 10,321 5,578
  Institutional grants 1,079,799 517,230 82,768 1,451 414,721 4,915 806 25,245 19,093 13,570
  Loans to students1 1,314,726 542,492 149,719 5,183 306,495 15,881 5,767 61,903 109,056 118,230
    Federal loans 1,294,628 534,150 147,998 5,156 301,694 15,514 5,739 61,221 107,740 115,416
    Other loans 140,409 56,819 3,666 47 45,485 2,006 110 4,157 10,267 17,852
Percent awarded financial aid
Any financial aid 83.4 83.5 76.7 71.5 89.5 90.5 82.2 89.3 87.1 84.4
  Grant or loan aid 81.8 81.5 75.1 69.7 88.3 90 81.6 88.7 86.3 84
  Federal grants 46.8 37.5 55.6 55 32.6 73.7 72.8 71.9 72.1 72
    Federal Pell grants 46.3 37.1 55 51.9 32.2 73.3 71.2 71.4 71.5 71.7
    Other federal grants 10.9 8.4 8.2 7.5 14.2 6.3 17.8 21.5 22.5 13.5
  State/local grants 30.6 37.6 38.9 15.6 25.9 8.8 12.9 9.8 7.2 3.3
  Institutional grants 39.5 47.2 12.2 7.7 82.3 15 7.3 30.9 13.3 8
  Loans to students1 48.1 49.5 22.1 27.4 60.9 48.6 52.2 75.7 75.8 69.6
    Federal loans 47.4 48.8 21.9 27.2 59.9 47.4 52 74.9 74.9 68
    Other loans 5.1 5.2 0.5 0.2 9 6.1 1 5.1 7.1 10.5
Average amount of financial aid2
Federal grants 4,530 4,669 4,464 3,837 4,830 4,301 4,815 4,677 4,265 4,099
  Federal Pell grants 4,378 4,493 4,427 3,844 4,328 4,259 4,574 4,534 4,184 4,050
  Other federal grants 838 966 560 1,542 1,281 804 1,379 586 374 368
State/local grants 3,194 3,842 1,826 2,219 3,838 3,756 3,167 3,262 3,826 3,730
Institutional grants 9,882 5,651 1,998 1,161 17,835 5,622 2,577 4,137 1,603 1,408
Loans to students1 6,974 6,694 4,591 6,073 7,994 6,880 7,302 8,237 7,742 7,298
  Federal loans 5,990 5,601 4,500 6,040 6,132 6,584 7,164 7,802 7,394 6,919
  Other loans 10,070 11,258 5,828 7,153 13,194 3,547 9,021 7,759 4,645 3,605

1 Loans to students include only loans made directly to students. Federal loans to parents (Parent Loan for Undergraduate Students [PLUS]) and other loans made directly to parents are not included.

2 Average grants or loans were calculated by dividing the total amount of grants or loans awarded by the total number of students awarded grants or loans.

NOTE: Title IV institutions are those with a written agreement with the U.S. Department of Education that allows the institution to participate in any of the Title IV federal student financial assistance programs. The four U.S. service academies that

SOURCE: U.S. Department of Education, National Center for Education Statistics, IPEDS, Winter 2015–16, Student Financial Aid component (final data).

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