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Table 19. | Average annual total price, loans, grants, and net access price (in constant 2009–10 dollars) for full-time, full-year dependent undergraduates, by institution control and level: Academic years 1999–2000, 2003–04, and 2007–08 |
Control and level of institution | 1999–2000 | 2003–04 | 2007–08 |
---|---|---|---|
Public 2-year | |||
Total | $10,900 | $11,400 | $12,100 |
Loans | 400 | 600 | 900 |
Grants | 1,400 | 1,700 | 1,800 |
Net access price | 9,100 | 9,100 | 9,400 |
Public 4-year | |||
Total | 15,800 | 17,500 | 19,300 |
Loans | 3,100 | 3,800 | 4,600 |
Grants | 2,500 | 3,100 | 3,700 |
Net access price | 10,200 | 10,700 | 11,000 |
Private not-for-profit 4-year | |||
Total | 31,200 | 34,200 | 37,400 |
Loans | 6,100 | 7,000 | 8,500 |
Grants | 8,900 | 9,700 | 10,900 |
Net access price | 16,200 | 17,600 | 18,100 |
Private for-profit less-than-4-year | |||
Total | 23,600 | 22,900 | 24,200 |
Loans | 8,100 | 7,500 | 9,000 |
Grants | 2,600 | 3,600 | 2,700 |
Net access price | 12,800 | 11,900 | 12,400 |
NOTE: Total includes net access price, loans, and grants. Net access price is an estimate of the cash outlay that students and their families need to make in a given year to cover educational expenses. It is calculated here as the total price of attendance minus grants and loans. Full time refers to students who attended full time (as defined by the institution) for the full year (at least 9 months at a 2- or 4-year institution or 6 months at a less-than-4-year institution). Averages were computed for all students, including those who did not receive financial aid. Data were adjusted by the Consumer Price Index for All Urban Consumers (CPI-U) to 2009–10 dollars. Estimates exclude students who were not U.S. citizens or permanent residents and, therefore, were ineligible for federal student aid; students who attended more than one institution in a year, due to the difficulty in matching information on price and aid; and students who attended private for-profit 4-year institutions, due to their small number. Detail may not sum to totals because of rounding. | |||
SOURCE: U.S. Department of Education, National Center for Education Statistics, 1999–2000, 2003–04, and 2007–08 National Postsecondary Student Aid Study (NPSAS:2000, NPSAS:04, and NPSAS:08). |