National Center for Education Statistics

¹Loans 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.

²Average 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. United States includes the 50 states and the District of Columbia. The U.S. Naval Academy, the U.S. Military Academy, the U.S. Coast Guard Academy, and the U.S. Air Force Academy are not Title IV eligible but are included in the Integrated Postsecondary Education Data System (IPEDS) universe because they are federally funded and open to the public; they are not included in this table. The U.S. Merchant Marine Academy is Title IV eligible and is included in this table. Percentages in the rows of this table use the corresponding count in the "Full-time, first-time undergraduates enrolled" row as the denominator. Detail may not sum to total because students with more than one source of financial aid were counted for each type of aid they were awarded but were included only once in the total count. Definitions for terms used in IPEDS may be found in the online glossary located at https://surveys.nces.ed.gov/ipeds/public/glossary. The glossary is primarily focused on terms used in the current IPEDS collection and may not reflect the definitions in effect when the data in this table were collected.

SOURCE: U.S. Department of Education, National Center for Education Statistics, IPEDS, Winter 2023–24, Student Financial Aid component (provisional data).