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| Number and percentage of full-time, first-time degree/certificate-seeking undergraduates and financial aid recipients and average amounts of financial aid received by full-time, first-time degree/certificate-seeking undergraduates at Title IV institutions, by sector of institution and type of aid: United States, academic year 2005-06 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Public | Private not-for-profit | Private for-profit | ||||||||
| Type of aid | Total students | 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 | 2,688,094 | 906,948 | 634,148 | 25,890 | 460,845 | 14,043 | 10,906 | 157,705 | 222,809 | 254,800 |
| Number receiving | ||||||||||
| Any financial aid | 2,024,342 | 695,017 | 390,155 | 14,480 | 393,432 | 11,178 | 9,050 | 116,237 | 190,954 | 203,839 |
| Federal grants | 998,272 | 240,884 | 241,895 | 10,589 | 119,755 | 6,715 | 7,024 | 73,858 | 137,097 | 160,455 |
| State/local grants | 738,006 | 333,672 | 201,628 | 3,521 | 143,709 | 4,546 | 2,046 | 14,054 | 25,536 | 9,294 |
| Institutional grants | 774,591 | 310,126 | 70,379 | 1,164 | 343,637 | 4,865 | 1,318 | 17,208 | 13,712 | 12,182 |
| Loans to students1 | 1,238,758 | 402,447 | 115,645 | 6,301 | 275,749 | 7,409 | 4,508 | 106,025 | 163,425 | 157,249 |
| Percent receiving | ||||||||||
| Any financial aid | 75.3 | 76.6 | 61.5 | 55.9 | 85.4 | 79.6 | 83.0 | 73.7 | 85.7 | 80.0 |
| Federal grants | 37.1 | 26.6 | 38.1 | 40.9 | 26.0 | 47.8 | 64.4 | 46.8 | 61.5 | 63.0 |
| State/local grants | 27.5 | 36.8 | 31.8 | 13.6 | 31.2 | 32.4 | 18.8 | 8.9 | 11.5 | 3.6 |
| Institutional grants | 28.8 | 34.2 | 11.1 | 4.5 | 74.6 | 34.6 | 12.1 | 10.9 | 6.2 | 4.8 |
| Loans to students1 | 46.1 | 44.4 | 18.2 | 24.3 | 59.8 | 52.8 | 41.3 | 67.2 | 73.3 | 61.7 |
| Average amount2 | ||||||||||
| Federal grants | $2,923 | $3,071 | $2,763 | $2,949 | $3,437 | $3,111 | $3,297 | $2,490 | $2,876 | $2,773 |
| State/local grants | 2,422 | 2,752 | 1,303 | 2,284 | 3,121 | 3,017 | 3,021 | 2,945 | 2,609 | 2,395 |
| Institutional grants | 6,081 | 3,573 | 1,294 | 1,519 | 10,002 | 3,859 | 1,942 | 1,641 | 1,123 | 577 |
| Loans to students1 | 4,844 | 4,166 | 2,818 | 4,845 | 5,264 | 5,573 | 4,577 | 7,046 | 6,032 | 4,590 |
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 Each average grant (or loan) value was calculated by dividing the total grants (or loans) awarded by the total number of recipients.
NOTE: The numbers shown reflect only those institutions that reported the number of recipients by types of financial aid and the average amounts received.
SOURCE: U.S. Department of Education, National Center for Education Statistics, Integrated Postsecondary Education Data System (IPEDS), Spring 2007, Student Financial Aid component.
