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Private Four-Year Colleges and Universities:LOWER-TUITION
(TUITION BELOW $10,000)
AVERAGE TUITION: $6,400AVERAGE TOTAL PRICE INCLUDING LIVING AND OTHER EXPENSES: $13,000
Who received aid, how much aid they received, and how much aid was left over for other expenses ? For those students who received financial aid: Family income level Percent of students who received any type of financial aid Most got between: Percent whose tuition was fully covered After paying tuition, aid was used for living expenses and other educational needs. Such aid ranged between: Below $20,000 96% $3,250 $10,000 66% 0 $3,400 $20,000-40,000 93% $3,150 $10,900 54% 0 $3,550 $40,000-60,000 84% $3,500 $10,100 50% 0 $2,800 $60,000-80,000 76% $3,500 $10,000 43% 0 $1,500 $80,000-100,000 60% $1,800 $8,600 30% 0 $1,400 Above $100,000 51% $1,500 $7,600 26% 0 0
SOURCE: U.S. Department of Education, National Center for Education Statistics, National Postsecondary Student Aid Study: 1995-96. ?
Combinations of financial aid that students received ? Percent of students who received Family income level No aid Grants only Loans only Grants and loans Work study Grants, loans, and work study Below $20,000 4% 26 1 40 11 19 $20,000-40,000 7% 27 8 35 4 19 $40,000-60,000 16% 27 13 24 6 14 $60,000-80,000 24% 33 13 19 1 10 $80,000-100,000 42% 23 12 19 2 4 Above $100,000 50% 33 7 9 0 1
SOURCE: U.S. Department of Education, National Center for Education Statistics, National Postsecondary Student Aid Study:1995-96.
Average amounts of grant, loan, and work-study aid received
Grant Aid Family income level Percent who got grants Students who got grants received between: Below $20,000 95% $2,350 $17,950 $20,000-40,000 84% $1,800 $18,050 $40,000-60,000 70% $2,000 $13,400 $60,000-80,000 63% $1,250 $10,750 $80,000-100,000 45% $1,000 $8,300 Above $100,000 41% $1,000 $8,750
Loan Aid Family income level Percent who got loans Students who got loans received betwe
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