2003-04 National Postsecondary Student Aid Study (NPSAS:04): undergraduate financial aid estimates for 2003-04 by type of institution.

Berkner, Lutz ; Chang Wei, Christina ; He, Shirley 等

This E.D. TAB presents selected findings about the price of attendance and the types and amounts of financial aid received by postsecondary undergraduates during the 2003-04 academic year. It is based on the undergraduate data in the 2003-04 National Postsecondary Student Aid Study (NPSAS:04), a nationally representative survey of undergraduate, graduate, and first-professional students.

The information about undergraduate students in NPSAS:04 was collected from a sample of about 80,000 undergraduates who were enrolled at any time between July 1, 2003, and June 30, 2004, in about 1,300 postsecondary institutions that offered undergraduate programs of study. The sample was limited to institutions that were eligible to participate in the federal financial aid programs included in Title IV of the Higher Education Act and were located in the 50 states, the District of Columbia, and Puerto Rico. The NPSAS:04 sample of undergraduates represents about 19 million students. Because NPSAS:04 includes students enrolled at any time over a 12-month period, it includes more students than were enrolled only in the 2003 fall term. Preliminary data from the Integrated Postsecondary Education Data System indicate that about 15 million undergraduates were enrolled in the fall of 2003.

The tables in this E.D. TAB show the percentage of students who received financial aid of a particular type or combination, and the average amount that was received by those students who were awarded that type or combination of aid. Financial aid includes any type of aid received from any source except parents, friends, or relatives. However, the aid estimates do not include federal tax credits for postsecondary education (Hope and Lifetime Learning) and do not include all of the possible types of loans that students may take out to finance their educational expenses. In this report, all federal, state, and institutional student loans are included, in addition to alternative private student loans from sources such as Sallie Mae and The Education Resources Institute (TERI). Some examples of borrowing that are not included in the estimate of total loans or total aid are the use of credit cards, home equity loans, and loans from individuals.

All average amounts of financial aid described in this E.D. TAB and presented in the tables reflect the weighted means and are based only on the recipients of the specified types or combinations of aid. Nonrecipients of a particular type or combination of aid are excluded from the calculation of the average amount received so that none of the individuals in the sample for that aid type or combination have zero dollar amounts.

The estimates presented in this E.D. TAB were produced using the National Center for Education Statistics (NCES) Data Analysis System (DAS) Online, a web-based table-generating application that provides the public with direct, free access to the NPSAS:04 data as well as other postsecondary datasets collected by NCES. The NPSAS:04 estimates are subject to sampling and nonsampling errors. The DAS will suppress the printing of estimates when the number of sample cases in a table cell is too low to produce a reliable estimate. The DAS produces the design-adjusted standard errors necessary for testing the statistical significance of differences in the estimates. All comparisons made in the text were tested using Student's t statistic for comparing two numbers, and all differences cited were statistically significant at the .05 level.

Student Characteristics

The tables in this E.D. TAB show totals for all undergraduates (full time and part time), as well as separate totals for those who were enrolled full time for a full academic year. Full-time/full-year attendance is defined as being enrolled full time for 9 or more months during the 2003-04 academic year (July 1, 2003, to June 30, 2004).

The student characteristics shown in the tables include dependency status and income within dependency status. For federal financial aid purposes, most undergraduates under the age of 24 are considered to be dependent on their parents. The exceptions are those under 24 who are married, have dependents of their own, are veterans, or are orphans or wards of the court. These exceptions and any students age 24 or older are considered to be independent for financial aid purposes. For dependent students, financial aid need analysis takes into consideration the income of the dependent student's parents, but for independent students only the income of the student (and a spouse, if married) is considered. The income levels shown in the tables are the total income for 2002, because financial aid need analysis is based on income in the calendar year prior to the academic year (2003-04). The median family income in 2002 for parents of dependent undergraduates enrolled in 2003-04 was about $60,000; about one-fourth of the dependent students came from families with annual incomes of less than $32,000 and about one-fourth came from families with incomes of more than $92,000. The median income of independent students (and a spouse, if married) was about $25,000.

Price of Attendance and Financial Aid

The tables include the average amount of tuition and fees charged by the institutions and the average total price of attendance to the students. The total price of attendance includes the tuition and fees as well as all other expenses related to enrollment: books and supplies, room and board (or housing and meal allowances for off-campus students), transportation, and other personal living expenses. These are the average estimated expenses for various categories of students (e.g., on-campus, off-campus, dependent, independent) reported by the institutions.

There are many different types of financial aid available to students, but the focus of this E.D. TAB is on grants and student loans, which are the two major types of aid to undergraduates. Grant aid includes grants, scholarships, or tuition waivers from federal, state, institutional, or other sources (such as private foundations, employers, and parents' employers). The major federal grant programs are Federal Pell Grants and Federal Supplemental Educational Opportunity Grants (FSEOGs).

The federal student loan programs (Stafford and Perkins loans) are the major source of student loans to undergraduates. Federal Parent Loans for Undergraduate Students (PLUS) were excluded from the student loan totals because the focus of this E.D. TAB is on the amount that students themselves borrow for their education. Parent PLUS loans, work-study aid, veterans' benefits, and job training aid are not shown separately in this E.D. TAB, but they are included in the total aid averages.

Financial aid is typically awarded in "packages" that may include more than one type of aid (e.g., loans and grants) and aid from more than one source (e.g., federal grants and state grants). Tables C and D show three categories of financial aid packages, based on whether the financial aid package included loans to students. The category "grants or any other aid except loans" includes the students who received any type or combination of grants, work-study, veterans' benefits, or job training funds, but did not take out a student loan in 2003-04. The category "grants or any other aid with loans" includes the students who received grants or any other type of aid and also took out student loans in 2003-04.

Following are the selected findings* for undergraduate financial aid estimates for all institutions, as well as public 4-year, private not-for-profit 4-year, public 2-year, and private for-profit postsecondary institutions during the 2003-04 academic year.

All Institutions

All undergraduates enrolled in postsecondary institutions in 2003-04

* Sixty-three percent of all undergraduates enrolled in 2003-04 received some type of financial aid (table A). Undergraduates were more likely to receive grants than student loans in 2003-04, but the average grant amount was less than the average student loan amount. About one-half (51 percent) of undergraduates received grants and about one-third (35 percent) took out student loans. The average amount of grants received was $4,000, and the average amount borrowed by undergraduates in 2003-04 was $5,800.

* Undergraduates enrolled in 2003-04 were more likely to receive federal grants than grants from any other source (table B). Twenty-eight percent of all undergraduates received federal grants (such as Federal Pell Grants or FSEOGs), 18 percent received institutional grants, 15 percent received state grants, and 15 percent received grants from other sources (e.g., employers, parents' employers, or private foundations or organizations).

Undergraduates enrolled full time for 9 or more months in 2003-04

* About three-fourths (76 percent) of all full-time/full-year undergraduates received some financial aid in 2003-04, and the average total aid received was $9,900 (table A). One-half (50 percent) of the full-time/full-year undergraduates enrolled in 2003-04 took out student loans to help finance their education, borrowing an average of $6,200 that year.

* Forty percent of all full-time/full-year undergraduates received both grants (or other aid) and loans in 2003-04 (table C). The average amount of total aid received by full-time/full-year students with both grants (or other aid) and loans in their aid packages was $13,600 (table D).

Public 4-Year Institutions

All undergraduates enrolled in public 4-year institutions in 2003-04

* Sixty-nine percent of all undergraduates enrolled in public 4-year institutions in 2003-04 received some type of financial aid. About one-half (52 percent) of all undergraduates attending public 4-year institutions in 2003-04 received grants and 45 percent took out student loans. Those who were awarded grants received an average of $4,000 in grant funds, while those who took out student loans borrowed an average of $5,600.

* Twenty-seven percent of all undergraduates enrolled in public 4-year institutions in 2003-04 received federal grants, 21 percent received institutional grants, 19 percent received state grants, and 14 percent received grants from other sources such as employers or private organizations. The average federal grant amount was $2,800, the average institutional grant was $2,900, the average state grant was $2,200, and the average grant funded through other sources was $2,000.

Undergraduates enrolled full time for 9 or more months in public 4-year institutions in 2003-04

* Nine out of 10 (91 percent) full-time/full-year dependent undergraduates from families with incomes under $32,000 attending public 4-year institutions in 2003-04 received some type of financial aid. The average amount of total aid received by these low-income dependent undergraduates was $9,900. About three-fourths (73 percent) received a federal grant at an average of $3,700.

* About one-half (52 percent) of full-time/full-year dependent undergraduates with family incomes under $32,000 received both grants (or other aid) and student loans at public 4-year institutions in 2003-04. Thirty-seven percent received grants (or other aid) and did not take out any student loans. Those with both grants (or other aid) and loans in their financial aid package received an average total aid of $12,100.

Private Not-For-Profit 4-year Institutions

All undergraduates enrolled in private not-for-profit 4-year institutions in 2003-04

* Eighty-three percent of all undergraduates attending private not-for-profit 4-year institutions received some type of financial aid in 2003-04. About three-fourths (73 percent) of the undergraduates enrolled in private not-for-profit 4-year institutions received grants and 56 percent took out student loans in 2003-04. The average grant amount was $7,700 and the average student loan was $6,900.

* One-half (50 percent) of all undergraduates enrolled in private not-for-profit 4-year institutions in 2003-04 received institutional grants, 28 percent received federal grants, 22 percent received state-funded grants, and 23 percent received grants from other sources such as private organizations or employers. The average institutional grant amount awarded to undergraduates at private not-for-profit 4-year institutions in 2003-04 was $7,100, the average federal grant was $3,000, the average state grant was $2,800, and the average grant from other sources was $2,900.

Undergraduates enrolled full time for 9 or more months in private not-for-profit 4-year institutions in 2003-04

* About four out of five (81 percent) full-time/full-year undergraduates received grants to attend private not-for-profit 4-year institutions in 2003-04, and about two-thirds (66 percent) took out student loans. The average grant amount was $9,400 and the average student loan amount in 2003-04 was $7,200.

* Among full-time/full-year undergraduates enrolled in private not-for-profit 4-year institutions in 2003-04, 62 percent received both grants (or other aid) and student loans in their financial aid packages. The average total amount in the financial aid package of full-time/full-year students with both grants (or other aid) and student loans was $19,300.

Public 2-Year Institutions

All undergraduates enrolled in public 2-year institutions in 2003-04

* Forty-seven percent of all undergraduates enrolled in public 2-year institutions in 2003-04 received some type of financial aid. Forty percent received grants and 12 percent took out student loans. Although a smaller percentage of undergraduates attending public 2-year institutions received loans than grants, the average student loan amount ($3,600) was larger than the average grant amount ($2,200).

* Among undergraduates attending public 2-year institutions in 2003-04, 23 percent received federal grants, 11 percent received state-funded grants, 8 percent received institutional grants, and 12 percent received grants from other sources such as employers or private organizations. The average federal grant was $2,300, the average state grant was $1,000, the average institutional grant was $1,200, and the average grant awarded from other sources was $1,100.

Undergraduates enrolled full time for 9 or more months in public 2-year institutions in 2003-04

* About one-half (53 percent) of the full-time/full-year undergraduates attending public 2-year institutions received grants and about one-fourth (23 percent) took out student loans in 2003-04. The average amount of grants received by full-time/full-year undergraduates was $3,400, and the average student loan amount was $4,100.

* Thirty-nine percent of full-time/full-year undergraduates enrolled in public 2-year institutions received grants (or other aid) and did not take out student loans in 2003-04. Seventeen percent received both grants (or other aid) and loans, and 6 percent received only loans and no other type of aid. Those with aid packages that consisted of only grants (or other aid) and no student loans received an average of $3,700 in total financial aid. Those with grants (or other aid) and loans received an average of $8,100 in total aid.

Private For-Profit Institutions

All undergraduates enrolled in private for-profit institutions in 2003-04

* Among students attending private for-profit institutions, about 9 out of 10 (89 percent) received some type of financial aid in 2003-04. About two-thirds (66 percent) of the undergraduates enrolled in private for-profit institutions received grants and about three-fourths (73 percent) took out student loans in 2003-04. The average grant amount was $3,300 and the average student loan amount was $6,800.

* About one-half (53 percent) of all undergraduates at private for-profit institutions received a federal grant in 2003-04. Eight percent received state grants, 7 percent received institutional grants, and 13 percent received grants funded through other sources.

Undergraduates enrolled full time for 9 or more months in private for-profit institutions in 2003-04

* Sixty-two percent of full-time/full-year undergraduates enrolled at private for-profit institutions in 2003-04 received financial aid packages including both grants (or other aid) and student loans. Thirteen percent received only grants (or other aid) and no student loans, and 18 percent received only student loans.

* Among full-time/full-year undergraduates enrolled at private for-profit institutions in 2003-04, those who had both grants (or other aid) and student loans in their financial aid packages received an average of $13,000 in total aid. Those with only grants (or other aid) but no loans received an average of $4,300 in total aid, and those who only took out student loans received an average loan of $9,500.

Footnotes

* The numbers in the selected findings refer to the totals that include Puerto Rico.

Data source: The NCES 2003-04 National Postsecondary Student Aid Study (NPSAS:04).

For technical information, see the complete report: Berkner, L., Wei, C.C., He, S., Lew, S., Cominole, M., and Siegel, P. (2005). 2003-04 National Postsecondary Student Aid Study (NPSAS:04): Undergraduate Financial Aid Estimates for 2003-04 by Type of Institution (NCES 2005-163).

Author affiliations: L. Berkner, C.C. Wei, S. He, and S. Lew, MPR Associates, Inc.; M. Cominole and P. Siegel, RTI International.

For questions about content, contact Aurora D'Amico (aurora.d'amico@ed.gov).

To obtain the complete report (NCES 2005-163), visit the NCES Electronic Catalog (http://nces.ed.gov/pubsearch).

Table A. Average tuition and fees, average total price of attendance,
 and percentage of udergraduates receiving any aid, any grants, or
 any student loans, average amounts received, by the student
 characteristics: 2003-04

 Average Total aid
 Average total
Student tuition price of Percent Average
characteristics and fees attendance amount

All undergraduates
U.S. total (excluding $4,500 $11,300 63.0 $7,400
 Puerto Rico)
Total (50 states, DC, 4,526 11,300 63.2 7,400
 and Puerto Rico)

Attendance pattern
Full-time/full-year 7,703 17,200 76.2 9,900
Part-time or part-year 2,358 7,200 54.3 4,900

Dependency status
Dependent 6,200 13,700 63.8 8,600
Independent 2,900 8,800 62.7 6,100

Dependent student income
Less than $32,000 5,200 12,300 78.5 8,500
$32,000 to $92,000 5,900 13,300 62.5 8,400
More than $92,000 8,000 16,000 51.9 9,100

Independent student income
Less than $25,000 3,300 9,600 71.6 6,800
$25,000 or more 2,500 8,000 54.0 5,200

Full-time/full-year undergraduates
Total 7,700 17,200 76.2 9,900

Dependency status
Dependent 8,400 17,600 73.5 10,100
Independent 5,900 15,900 82.9 9,600

Dependent student income
Less than $32,000 7,100 16,100 88.3 10,600
$32,000 to $92,000 7,900 17,100 72.6 9,800
More than $92,000 10,400 20,100 62.6 9,900

Independent student income
Less than $25,000 5,900 15,700 86.8 10,000
$25,000 or more 6,100 16,300 75.9 8,700

 Total grants Student loans

Student Average Average
characteristics Percent amount Percent amount

All undergraduates
U.S. total (excluding 50.4 $4,000 35.1 $5,800
 Puerto Rico)
Total (50 states, DC, 50.7 4,000 35.0 5,800
 and Puerto Rico)

Attendance pattern
Full-time/full-year 62.2 5,600 49.5 6,200
Part-time or part-year 42.7 2,400 24.9 5,300

Dependency status
Dependent 50.4 5,200 38.1 5,300
Independent 51.0 2,900 32.0 6,400

Dependent student income
Less than $32,000 74.6 5,500 39.2 5,000
$32,000 to $92,000 46.6 4,800 40.7 5,300
More than $92,000 34.0 5,400 31.6 5,600

Independent student income
Less than $25,000 63.3 3,300 38.9 6,200
$25,000 or more 39.1 2,200 25.2 6,700

Full-time/full-year undergraduates
Total 62.2 5,600 49.5 6,200

Dependency status
Dependent 59.4 6,000 46.7 5,600
Independent 69.4 4,500 56.6 7,500

Dependent student income
Less than $32,000 85.1 6,900 49.6 5,400
$32,000 to $92,000 56.7 5,600 49.4 5,600
More than $92,000 42.3 5,800 39.2 5,800

Independent student income
Less than $25,000 78.9 4,900 58.9 7,200
$25,000 or more 52.3 3,400 52.3 8,100

NOTE: The total price of attendance includes tuition and fees, room and
board, and other expenses as estimated by the institutions. "Total
aid" includes all types of financial aid from any source except
parents, friends, or relatives. Does not include federal tax credits
for education (Hope and Lifetime Learning). "Total grants" include
grants, scholarships, or tuition waivers from federal, state,
institutional, or private sources, including employers. "Student
loans" may be from any source, but exclude other forms of financing
such as credit cards, home equity loans, loans from individuals, and
federal Parent Loans for Undergraduate Students (PLUS). Federal PLUS
loans and other types of aid such as veterans' benefits and job
training funds are included in total aid. Students may receive more
than one type of aid. Full-time/full-year students were enrolled
full time for 9 or more months from July 1, 2003, to June 30, 2004.
Independent students are age 24 or over and students under 24 who
are married, have dependents, are veterans, or are orphans or wards
of the courts. Other undergraduates under age 24 are considered to
be dependent. For dependent students, income is the income of their
parents. Independent student income includes the income of a spouse
if the student is married. Income is total income in 2002. Prior-year
(2002) income is used in federal need analysis. Estimates include
students at postsecondary institutions in Puerto Rico.

SOURCE: U.S Department or Education, National Center for Education
Statistics, 2003-04 National Postsecondary Student Aid Study
(NPSAS:04). (Originally published as table 1 on p. 10 of the complete
report from which this article is experted.)

Table B. Percentage of undergraduates receiving grants from federal,
state, institutional, or other sources, and average grant amounts
received, by student characteristics: 2003-04

 Federal grants State grants

Student Average Average
characteristics Percent amount Percent amount

All undergraduates
U.S. total (excluding 27.1 $2,600 14.6 $2,000
 Puerto Rico)
Total (50 states, DC, 27.6 2,600 14.7 2,000
 and Puerto Rico)

Attendance pattern
Full-time/full-year 33.3 3,200 22.6 2,400
Part-time or part-year 23.6 2,000 9.2 1,200

Dependency status
Dependent 22.8 2,700 17.9 2,200
Independent 32.3 2,500 11.5 1,500

Dependent student income
Less than $32,000 62.4 3,200 28.7 2,500
$32,000 to $92,000 14.2 1,800 17.8 2,100
More than $92,000 0.9 1,500 7.4 2,200

Independent student income
Less than $25,000 50.7 2,700 15.9 1,600
$25,000 or more 14.4 1,900 7.1 1,300

Full-time/full-year undergraduates
Total 33.3 3,200 22.6 2,400

Dependency status
Dependent 25.0 3,100 22.9 2,500
Independent 54.3 3,400 21.7 2,100

Dependent student income
Less than $32,000 72.3 3,700 38.5 2,800
$32,000 to $92,000 16.1 2,000 23.1 2,300
More than $92,000 1.0 1,800 9.2 2,300

Independent student income
Less than $25,000 69.4 3,600 25.6 2,100
$25,000 or more 27.1 2,600 14.7 1,800

 Institutional grants Other grants

Student Average Average
characteristics Percent amount Percent amount

All undergraduates
U.S. total (excluding 17.6 $4,200 14.6 $2,000
 Puerto Rico)
Total (50 states, DC, 17.6 4,200 14.5 2,000
 and Puerto Rico)
Attendance pattern
Full-time/full-year 29.6 5,000 15.3 2,300
Part-time or part-year 9.1 2,400 13.9 1,800
Dependency status
Dependent 25.5 5,100 13.4 2,100
Independent 9.7 2,000 15.6 1,900
Dependent student income
Less than $32,000 28.0 4,200 11.0 2,100
$32,000 to $92,000 25.7 5,100 14.7 2,000
More than $92,000 22.5 6,000 13.0 2,300
Independent student income
Less than $25,000 13.0 2,000 10.6 1,900
$25,000 or more 6.6 1,900 20.4 1,900

Full-time/full-year undergraduates
Total 29.6 5,000 15.3 2,300
Dependency status
Dependent 34.2 5,500 16.2 2,200
Independent 18.1 2,700 12.8 2,700
Dependent student income
Less than $32,000 37.4 4,800 13.6 2,100
$32,000 to $92,000 35.1 5,600 17.8 2,100
More than $92,000 29.7 6,200 15.6 2,500
Independent student income
Less than $25,000 20.6 2,800 9.8 2,500
$25,000 or more 13.4 2,400 18.2 2,800

NOTE: Federal grants are Federal Pell Grants, Federal Supplemental
Educational Opportunity Grants (FSEOGs), and a small percentage of
grants and scholarships from other federal programs. State and
institutional grants include any grants, scholarships, or tuition
waivers that are funded by a state or by the institution attended,
respectively. Other grants include grants and scholarships from
private sources outside of the institution, including tuition aid
from employers. Students may receive grants from more than one source.
Full-time/full-year students were enrolled full time for 9 or more
months from July 1, 2003, to June 30, 2004. Independent students are
age 24 or over and students under 24 who are married, have dependents,
are veterans, or are orphans or wards of the courts. Other
undergraduates under age 24 are considered to be dependent. For
dependent students, income is the income of their parents. Independent
student income includes the income of a spouse if the student is
married. Income is total income in 2002. Prior-year (2002) income is
used in federal need analysis. Estimates include students at
postsecondary institutions in Puerto Rico.

SOURCE: U.S. Department of Education, National Center for Education
Statistics, 2003-04 National Postsecondary Student Aid Study
(NPSAS:04). (Originally published as table 2 on p.11 of the complete
report from which this report is excerpted.)

Table C. Percentage distribution of undergraduates receiving various
types of financial aid packages, by student characteristics: 2003-04

 Percentage

 Grants or Grants or
 No any other any other Student
Student financial aid except aid with loans
characteristics aid loans loans only

All undergraduates
U.S. total 37.0 27.9 26.6 8.5
 (excluding
 Puerto Rico)
Total (50 36.8 28.2 26.6 8.5
 states, DC,
 and Puerto
 Rico)

Attendance pattern
Full-time/ 23.9 26.6 40.3 9.2
 full-year
Part-time or 45.8 29.4 17.0 7.9
 part-year

Dependency status
Dependent 36.2 25.7 29.2 8.9
Independent 37.3 30.7 24.0 8.0

Dependent student income
Less than $32,000 21.5 39.3 36.9 2.3
$32,000 to $92,000 37.5 21.8 29.8 10.9
More than $92,000 48.1 20.3 20.4 11.3

Independent student income
Less than $25,000 28.4 32.7 33.4 5.5
$25,000 or more 46.0 28.8 14.7 10.5

Full-time/full-year undergraduates
Total 23.9 26.6 40.3 9.2

Dependency status
Dependent 26.5 26.8 37.7 9.0
Independent 17.1 26.3 46.8 9.8

Dependent student income
Less than $32,000 11.7 38.7 47.7 1.9
$32,000 to $92,000 27.5 23.2 39.1 10.4
More than $92,000 37.4 23.4 26.7 12.6

Independent student income
Less than $25,000 13.2 27.9 53.5 5.4
$25,000 or more 24.1 23.6 34.6 17.7

NOTE: "Grants or any other aid" includes any combination of grants,
scholarships, or tuition waivers as well as work-study, veterans'
benefits, and job training. "Student loans" may be from any source,
but exclude other forms of financing such as credit cards, home equity
loans, loans from individuals, and federal Parent Loans for
Undergraduate Students (PLUS). Federal PLUS loans are included in total
aid. Full-time/full-year students were enrolled full time for 9 or more
months from July 1, 2003, to June 30, 2004. Independent students are
age 24 or over and students under 24 who are married, have dependents,
are veterans, or are orphans or wards of the courts. Other
undergraduates under age 24 are considered to be dependent. For
dependent students, income is the income of their parents. Independent
student income includes the income of a spouse if the student is
married. Income is total income in 2002. Prior-year (2002) income is
used in federal need analysis. Estimates include students at
postsecondary institutions in Puerto Rico. Detail may not sum to
totals because of rounding.

SOURCE: U.S. Department of Education, National Center for Education
Statistics, 2003-04 National Postsecondary Student Aid Study
(NPSAS:04). (Originally published as table 3 on p.12 of the complete
report from which this report is excerpted.)

Table D. Average total amount of financial aid that undergraduates
received in various types of financial aid packages, by student
characteristics: 2003-04

 Average total amount of financial aid

 Grants or Grants or
 No any other any other Student
Student financial aid except aid with loans
characteristics aid loans loans only

All undergraduates
U.S. total $7,400 $3,500 $11,900 $6,000
 (excluding
 Puerto Rico)
Total (50 states, 7,400 3,500 11,900 5,900
 DC, and
 Puerto Rico)

Attendance pattern
Full-time/ 9,900 5,400 13,600 6,600
 full-year
Part-time or 4,900 2,300 8,900 5,400
 part-year

Dependency status
Dependent 8,600 4,600 13,200 5,100
Independent 6,100 2,600 10,300 6,900

Dependent student income
Less than $32,000 8,500 4,700 12,800 4,700
$32,000 to $92,000 8,400 4,200 12,800 4,900
More than $92,000 9,100 5,200 14,900 5,600

Independent student income
Less than $25,000 6,800 3,000 10,400 6,900
$25,000 or more 5,200 2,200 9,900 6,900

Full-time/full-year undergraduates
Total 9,900 5,400 13,600 6,600

Dependency status
Dependent 10,100 5,700 14,200 5,700
Independent 9,600 4,700 12,500 8,600

Dependent student income
Less than $32,000 10,600 6,200 14,400 5,600
$32,000 to $92,000 9,800 5,200 13,700 5,600
More than $92,000 9,900 6,000 15,200 5,900

Independent student income
Less than $25,000 10,000 5,100 12,700 8,800
$25,000 or more 8,700 3,900 12,000 8,500

NOTE: "Total aid" includes all types of financial aid from any source
except parents, friends, or relatives. Does not include federal tax
credits for education (Hope and Lifetime Learning). "Grants or any
other aid" includes any combination of grants, scholarships, or tuition
waivers as well as work-study, veterans' benefits, and job training.
Student loans may be from any source, but exclude other forms of
financing such as credit cards, home equity loans, loans from
individuals, and federal Parent Loans for Undergraduate Students
(PLUS). Federal PLUS loans are included in total aid. Full-time/
full-year students were enrolled full time for 9 or more months from
July 1, 2003, to June 30, 2004. Independent students are age 24 or over
and students under 24 who are married, have dependents, are veterans,
or are orphans or wards of the courts. Other undergraduates under age
24 are considered to be dependent. For dependent students, income is
the income of their parents. Independent student income includes the
income of a spouse if the student is married. Income is total income
in 2002. Prior-year (2002) income is used in federal need analysis.
Estimates include students at postsecondary institutions in
Puerto Rico.

SOURCE: U.S. Department of Education, National Center for Education
Statistics, 2003-04 National Postsecondary Student Aid Study
(NPSAS:04). (Originally published as table 4 on p.13 of the complete
report from which this article is excerpted.)