college-student-financial-statistics

College Student Financial Aid Statistics

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Undergraduate Student Aid by Source and TypeAmount (in Billions)Percent
Federal Grant Programs other than Pell$13,400,000,0007 %
Federal Pell Grants$34,500,000,00019 %
Federal Work-Study$900,000,000<1 %
Federal Loans$70,800,000,00038 %
Federal Education Tax Credits and Deductions$16,400,000,0009 %
State Grants$9,800,000,0005 %
Institutional Grants$32,800,000,00018 %
Private and Employer Grants$6,600,000,0004 %
Total Federal, State, Institutional, and Private Aid Given Out$185,058,000,000100 %
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Graduate Student Aid by Source and TypeAmount (in Billions)Percent
Federal Grant Programs other than Pell$1,400,000,0003 %
Federal Work-Study $100,000,000<1 %
Federal Loans$34,500,000,00067 %
Federal Education Tax Credits and Deductions$1,800,000,0004 %
State Grants$100,000,000<1 %
Institutional Grants$9,300,000,00018 %
Private and Employer Grants$4,400,000,0009 %
Total Federal, State, Institutional, and Private Aid Given Out$51,664,000,000100 %
Federal Aid ProgramsAverage Aid per RecipientNumber of Recipient
Federal Education Tax Benefits$ 1,39013,100,000
Federal Pell Grant$ 3,6859,400,000
Subsidized Stafford Loans$ 3,6459,400,000
Unsubsidized Stafford Loans$ 4,2478,800,000
FSEOG$ 5281,400,000
Federal Work-Study$ 1,422684,000
Post/9-11 GI Bill Veterans Benefits$ 15,736594,000
Perkins Loan$ 1,852524,000
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Statistic Sources & References
Sources: College Board, National Center for Education Statistics
Content Author: Statistic Brain

Date research was conducted: August 11, 2016

College Student Financial Aid Statistics

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