Archived Information

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Private Four-Year Colleges and Universities:
LOWER-TUITION

(TUITION BELOW $10,000)

AVERAGE TUITION: $6,400
AVERAGE 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 between:
Below $20,000 59% $2,600 & $4,600
$20,000-40,000 62% $2,600 & $5,500
$40,000-60,000 52% $2,600 & $5,500
$60,000-80,000 42% $3,300 & $7,500
$80,000-100,000 34% $3,500 & $7,600
Above $100,000 16% insufficient information*
Work-study Aid
Family income level Percent who got work-study Students who got work-study received between:
Below $20,000 29% $400 & $1,150
$20,000-40,000 23% $750 & $1,500
$40,000-60,000 20% $900 & $1,800
$60,000-80,000 11% insufficient information*
$80,000-100,000 6% insufficient information*
Above $100,000 1% insufficient information*
SOURCE: U.S. Department of Education, National Center for Education Statistics, National Postsecondary Student Aid Study:
1995-96.

* Figures in this handbook are based on national surveys. In some cases, not enough people fall into a particular category of interest to provide reliable estimates.