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Table 20. | Percentage of full-time, full-year undergraduates receiving financial aid and average amount of financial aid awarded, by type and source of aid and control and level of institution: Academic year 2007–08 |
Control and level of institution | [In constant 2009–10 dollars] | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Any aid1 | Grants2 | Loans3 | Work-study4 | ||||||||||
Percent | Average amount | Percent | Average amount | Percent | Average amount | Percent | Average amount | ||||||
Total, all institutions | 79.5 | $13,000 | 64.4 | $7,300 | 53.3 | $9,700 | 13.5 | $2,300 | |||||
Public | 74.0 | 9,700 | 58.0 | 5,500 | 44.3 | 8,200 | 9.2 | 2,500 | |||||
4-year doctoral | 76.7 | 11,700 | 58.9 | 6,500 | 52.7 | 9,100 | 9.9 | 2,500 | |||||
Other 4-year | 80.9 | 10,000 | 62.1 | 5,500 | 54.6 | 7,900 | 11.1 | 2,400 | |||||
2-year | 65.4 | 5,800 | 53.9 | 3,700 | 24.8 | 5,600 | 7.0 | 2,600 | |||||
Less-than-2-year | 68.1 | 6,300 | 55.1 | 3,700 | 26.2 | 7,000 | # | ‡ | |||||
Private not-for-profit | 89.1 | 21,200 | 80.6 | 12,400 | 64.9 | 12,400 | 30.7 | 2,100 | |||||
4-year doctoral | 84.8 | 22,700 | 75.9 | 13,200 | 61.6 | 13,600 | 29.1 | 2,300 | |||||
Other 4-year | 93.3 | 20,200 | 85.7 | 11,800 | 68.8 | 11,400 | 33.0 | 2,000 | |||||
Less-than-4-year | 93.4 | 10,200 | 72.3 | 5,900 | 44.9 | 10,900 | 4.8 | 2,200 | |||||
Private for-profit | 96.9 | 13,400 | 72.3 | 4,100 | 92.0 | 10,500 | 2.1 | 3,600 | |||||
2-year and above | 97.4 | 14,100 | 71.7 | 4,200 | 94.7 | 10,900 | 2.4 | 3,700 | |||||
Less-than-2-year | 94.5 | 9,900 | 75.3 | 3,700 | 78.7 | 8,100 | 0.8 | ! | 1,500 | ! |
# Rounds to zero. | |||||||||||||
! Interpret data with caution. The coefficient of variation (CV) for this estimate is 30 percent or greater. | |||||||||||||
‡ Reporting standards not met (too few cases). | |||||||||||||
1Includes students who reported that they were awarded aid, but did not specify the source or type of aid. | |||||||||||||
2Indicates all grants, scholarships, or tuition waivers received from federal, state, institutional, or private sources, including employers. | |||||||||||||
3Includes Parent Loans for Undergraduate Students (PLUS). | |||||||||||||
4 A part-time work program awarding on- or off-campus jobs to students who demonstrate financial need. Details on nonfederal work-study participants are not available. | |||||||||||||
NOTE: Aid averages are for those students who received the specified type of aid. Full-time, full-year students were enrolled full time for 9 or more months from July 1 through June 30. Data include Puerto Rico. Data were adjusted to constant 2009–10 dollars using the Consumer Price Index for All Urban Consumers (CPI-U). | |||||||||||||
SOURCE: U.S. Department of Education, National Center for Education Statistics, 2007–08 National Postsecondary Student Aid Study (NPSAS:08). |