Archived Information
Financing Postsecondary Education: The Federal Role - October 1995
| Percent receiving: | Average aid per aided student | |||||||
|---|---|---|---|---|---|---|---|---|
| Student charasteristics |
Any aid |
Federal aid | Any aid |
Federal aid | ||||
| Total | Grant | Loan | Total | Grant | Loan | |||
| Undergraduates | ||||||||
| Total | 41 | 31 | 23 | 19 | $4,200 | $3,600 | $1,700 | $3,200 |
|
Gender Men Women |
39 43 |
28 33 |
19 25 |
18 20 |
4,400 4,000 |
3,800 3,400 |
1,700 1,700 |
3,300 3,100 |
|
Race/ethnicity White, nonHispanic Black Hispanic Asian/Pacific Islander American Indian/ Alaskan Native |
39 54 43 31 48 |
28 46 36 25 34 |
19 38 31 19 29 |
19 26 14 15 15 |
4,200 4,100 3,600 5,100 3,600 |
3,700 3,400 2,100 3,600 3,000 |
1,600 1,700 1,800 1,800 1,700 |
3,200 2,900 3,100 3,200 3,000 |
|
Age (as of 12/31/92) 23 and younger 24-29 30-39 40 or more |
46 41 38 27 |
35 34 27 16 |
23 27 22 13 |
23 20 14 8 |
4,700 3,800 3,300 2,900 |
3,700 3,600 3,400 3,200 |
1,700 1,700 1,700 1,600 |
3,000 3,600 3,600 3,600 |
|
Income quartile/independent students Lowest Middle two Highest |
72 36 20 |
66 26 8 |
63 20 2 |
34 15 7 |
4,200 3,200 2,600 |
3,600 3,300 3,700 |
1,900 1,400 1,300 |
3,300 3,600 3,900 |
|
Parental income quartile/dependent students Lowest Middle two Highest |
68 38 29 |
63 26 14 |
56 10 1 |
36 20 11 |
4,900 5,000 4,800 |
3,600 3,700 4,000 |
1,800 1,200 1,300 |
2,800 2,900 3,100 |
|
Attendance status Full-time, full-year Full-time, part-year Part-time, full year Part-time, part-year |
58 56 32 23 |
45 48 22 15 |
29 37 17 12 |
31 28 12 7 |
5,500 3,500 3,100 2,200 |
4,200 3,100 3,000 2,600 |
2,000 1,500 1,500 1,200 |
3,300 2,800 3,200 3,000 |
|
Control of institution Public Private, not-for-profit Private, for-profit |
34 60 72 |
25 44 68 |
19 26 50 |
14 34 46 |
3,100 7,000 4,200 |
3,100 4,500 4,000 |
1,600 2,000 1,700 |
2,900 3,500 3,500 |
|
Level of institution Less than 2-year 2- to 3-year 4-year |
61 30 50 |
57 22 38 |
47 18 24 |
31 9 28 |
3,500 2,500 5,300 |
3,400 2,600 4,100 |
1,700 1,400 1,900 |
3,300 2,900 3,300 |
|
Type of institution Public Less-than-2-year 2-year 4-year Nondoctoral granting Doctoral granting Private, not-for-profit Less-than-4-year 4-year Nondoctoral granting Doctoral granting Private, for-profit Less-than-2-year 2-year or more |
22 27
45 54
63
74 |
17 18
36 43
48
70 |
16 16
27 34
31
58 |
1 6
22 25
36
41 |
1,500 2,100
3,700 3,500
6,500
3,700 |
1,400 2,200
3,400 3,200
4,300
3,500 |
1,200 1,400 1,700 1,800 1,700 2,000 2,200 1,700 1,700 |
2,900 2,600 2,800 3,200 2,600 3,400 4,000 3,300 3,800 |
|
Tuition/fees Less than $500 $500-999 $1,000-1,999 $2,000-3,999 $4,000-7,999 $8,000 or more |
20 37 47 56 68 64 |
12 26 36 45 56 49 |
11 22 29 31 39 22 |
4 10 20 31 41 44 |
1,700 2,200 3,200 4,100 5,200 9,400 |
2,100 2,300 3,100 3,800 4,300 5,400 |
1,100 1,400 1,700 1,900 1,900 2,200 |
2,800 2,500 2,800 3,000 3,400 3,900 |
| Graduate/First professional students | ||||||||
| Total | 39 | 19 | -- | -- | 8,500 | 8,600 | -- | -- |
|
Degree program Masters Doctorate First professional Other graduate |
34 55 73 25 |
14 17 63 -- |
-- -- -- -- |
-- -- -- -- |
6,500 10,800 14,500 -- |
6,500 9,300 12,000 -- |
-- -- -- -- |
-- -- -- -- |
|
Attendance status Full-time, full-year |
68 | 44 | -- | -- | 12,200 | 10,200 | -- | -- |
|
Part-time and/or part-year |
29 | 11 | -- | -- | 5,500 | 6,300 | -- | -- |
-- Not published.
Source: U.S. Department of Education, National Center of Education Statistics, Student Financing of Undergraduate Education, 1992-93 (NCES 95-202) and Student Financing of Graduate and First-Professional Education, 1992-93(NCES 96-235), based on data from the National Postsecondary Student Aid Study, 1992-93.