U.S. Undergraduate Students Receiving Financial Aid
Table includes percentages of students receiving financial aid and aid amounts for years 1995-1996, 1999-2000, 2003-2004 and 2007-2008. Institutional and student characteristics included.
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1995-96 |
1999-2000 |
2003-04 |
2007-08 |
Characteristic |
Percent |
Avg amount |
Percent |
Avg amount |
Percent |
Avg amount |
Percent |
Avg amount |
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Total |
50.0% |
$4,800 |
55.0% |
$6,000 |
62.7% |
$7,000 |
65.6% |
$9,100 |
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Type of institution |
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Public 2-year |
32% |
$1,700 |
36.6% |
$2,200 |
45.7% |
$2,900 |
47.6% |
$3,400 |
Public 4-year |
56.7% |
$5,100 |
62.6% |
$6,000 |
69.2% |
$7,400 |
71.3 |
$9,400 |
Private nonprofit 4-year |
72.0% |
$9,100 |
77.0% |
$11,500 |
83.4% |
$12,800 |
84.7% |
$17,400 |
For-profit |
82.1% |
$4,800 |
88.0% |
$6,800 |
90.6% |
$8,000 |
96.3% |
$10,800 |
More than one institution |
75% |
$4,100 |
66.3% |
$6,200 |
62.8% |
$6,600 |
68.9% |
$9,000 |
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Attendance status |
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Full-time, full-year |
68.6% |
$6,900 |
72.2% |
$8,300 |
75.5% |
$9,700 |
79.5% |
$12,700 |
Full-time, part-year |
57.0% |
$3,700 |
64.3% |
$4,700 |
67.6% |
$5,700 |
71.0% |
$7,500 |
Part-time, full-year |
44.8% |
$3,300 |
47.4% |
$4,200 |
59.1% |
$4,900 |
61.2% |
$6,200 |
Part-time, part-year |
26.9% |
$1,800 |
31.5% |
$2,100 |
40.8% |
$2,900 |
44.3% |
$3,800 |
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Sex |
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Male |
47.1% |
$5,000 |
52.2% |
$6,100 |
60.1% |
$7,300 |
61.4% |
$9,300 |
Female |
52.3% |
$4,700 |
57.2% |
$6,000 |
64.7% |
$6,900 |
68.8% |
$9,000 |
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Race/ethnicity |
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White |
47.2% |
$4,900 |
52.9% |
$6,300 |
60.8% |
$7,200 |
63.5% |
$9,400 |
Black |
64.7% |
$4,600 |
69.3% |
$5,600 |
75.6% |
$6,800 |
76.2% |
$9,000 |
Hispanic |
54.6% |
$4,100 |
57.9% |
$5,100 |
63.0% |
$6,300 |
69.0% |
$7,900 |
Asian/Pacific Islander |
43.3% |
$6,200 |
44.0% |
$6,900 |
50.8% |
$7,800 |
54.3% |
$9,400 |
American Indian |
59.8% |
$4,500 |
57.8% |
$5,200 |
66.6% |
$5,900 |
70.8% |
$7,200 |
Other or Two or more races |
57.6% |
$5,200 |
52.5% |
$6,300 |
63.5% |
$7,400 |
67.6% |
$10,100 |
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Age |
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18 or younger |
59.0% |
$6,000 |
63.3% |
$7,200 |
66.9% |
$8,600 |
70.9% |
$10,600 |
19–23 |
53.2% |
$5,600 |
58.2% |
$7,000 |
63.8% |
$8,100 |
66.1% |
$10,400 |
24–29 |
48.6% |
$4,200 |
54.6% |
$5,200 |
65.6% |
$6,100 |
66.3% |
$7,800 |
30–39 |
46.9% |
$3,300 |
50.2% |
$4,200 |
61.8% |
$5,200 |
66.4% |
$6,900 |
40 or older |
36.7% |
$2,800 |
41.2% |
$3,200 |
52.2% |
$4,400 |
56.2% |
$5,800 |
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Dependency/marital status |
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Dependent |
51.6% |
$5,900 |
59.1% |
$7,300 |
64.0% |
$8,500 |
66.5% |
$10,800 |
Independent |
48.5% |
$3,700 |
50.9% |
$4,500 |
61.5% |
$5,500 |
64.6% |
$7,100 |
Unmarried with no dependents |
44.7% |
$4,400 |
48.9% |
$5,300 |
60.4% |
$6,300 |
62.5% |
$7,900 |
Married with no dependents |
35.9% |
$3,100 |
35.5% |
$3,800 |
49.9% |
$4,500 |
56.4% |
$6,600 |
Unmarried with dependents |
59.8% |
$3,500 |
59.6% |
$4,600 |
71.6% |
$5,600 |
72.2% |
$7,100 |
Married with dependents |
51.5% |
$3,400 |
53.7% |
$3,900 |
58.8% |
$4,800 |
63.0% |
$6,400 |
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Dependent student family income |
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Lowest 25 percent |
68.4% |
$5,800 |
74.7% |
$6,900 |
78.8% |
$8,400 |
79.9% |
$10,200 |
Lower middle 25 percent |
55.9% |
$6,100 |
60.0% |
$7,300 |
65.8% |
$8,200 |
66.6% |
$10,700 |
Upper middle 25 percent |
46.3% |
$5,900 |
54.6% |
$7,800 |
59.3% |
$8,700 |
63.1% |
$11,100 |
Highest 25 percent |
35.5% |
$6,000 |
46.9% |
$7,500 |
51.0% |
$9,000 |
55.8% |
$11,600 |
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Independent student family income |
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Lowest 25 percent |
69.6% |
$4,600 |
72.0% |
$5,800 |
70.3% |
$6,600 |
74.3% |
$8,400 |
Lower middle 25 percent |
51.5% |
$3,800 |
57.5% |
$4,700 |
71.9% |
$5,800 |
70.0% |
$7,400 |
Upper middle 25 percent |
40.6% |
$3,100 |
42.0% |
$3,700 |
60.0% |
$4,900 |
63.8% |
$6,600 |
Highest 25 percent |
32.2% |
$2,400 |
33.1% |
$2,600 |
42.7% |
$3,800 |
50.0% |
$5,500 |
Source: U.S. Department of Education, National Center for Education Statistics |
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