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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 2006-07 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Total students | Public | Private not-for-profit | Private for-profit | |||||||
| Type of aid | 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 | 2,774,796 | 949,162 | 649,919 | 30,950 | 468,994 | 11,716 | 9,875 | 229,746 | 195,012 | 229,422 |
| Number receiving | ||||||||||
| Any financial aid | 2,033,550 | 716,323 | 397,724 | 16,870 | 400,056 | 9,581 | 7,620 | 127,215 | 170,408 | 187,753 |
| Federal grants | 983,911 | 252,096 | 243,305 | 12,234 | 121,110 | 5,475 | 6,558 | 74,723 | 119,461 | 148,949 |
| State/local grants | 752,694 | 348,023 | 208,566 | 4,186 | 142,450 | 3,841 | 1,723 | 13,105 | 23,629 | 7,171 |
| Institutional grants | 805,609 | 324,196 | 73,360 | 1,748 | 349,060 | 4,722 | 1,018 | 19,399 | 14,991 | 17,115 |
| Loans to students1 | 1,250,974 | 415,446 | 122,457 | 6,256 | 278,689 | 6,003 | 4,337 | 119,452 | 146,477 | 151,857 |
| Percent receiving | ||||||||||
| Any financial aid | 73.3 | 75.5 | 61.2 | 54.5 | 85.3 | 81.8 | 77.2 | 55.4 | 87.4 | 81.8 |
| Federal grants | 35.5 | 26.6 | 37.4 | 39.5 | 25.8 | 46.7 | 66.4 | 32.5 | 61.3 | 64.9 |
| State/local grants | 27.1 | 36.7 | 32.1 | 13.5 | 30.4 | 32.8 | 17.4 | 5.7 | 12.1 | 3.1 |
| Institutional grants | 29.0 | 34.2 | 11.3 | 5.6 | 74.4 | 40.3 | 10.3 | 8.4 | 7.7 | 7.5 |
| Loans to students1 | 45.1 | 43.8 | 18.8 | 20.2 | 59.4 | 51.2 | 43.9 | 52.0 | 75.1 | 66.2 |
| Average amount2 | ||||||||||
| Federal grants | $3,076 | $3,365 | $2,801 | $2,761 | $3,728 | $3,031 | $3,175 | $2,608 | $2,948 | $2,868 |
| State/local grants | 2,510 | 2,848 | 1,385 | 2,022 | 3,329 | 2,994 | 3,498 | 2,622 | 2,360 | 2,604 |
| Institutional grants | 6,423 | 3,759 | 1,301 | 3,171 | 10,797 | 3,905 | 2,106 | 1,878 | 1,504 | 384 |
| Loans to students1 | 5,084 | 4,433 | 2,889 | 4,948 | 5,558 | 4,633 | 5,163 | 6,989 | 6,190 | 5,220 |
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.
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 2008, Student Financial Aid component.
