Trends in Higher Education


In 2008-09, 50% of all financial aid to undergraduate and graduate students combined was in the form of federal loans.

Note: Percentages may not sum to 100 due to rounding. See Notes and Sources for a list of programs included in other federal grants. Nonfederal loans are not included in Figures 2a and 2b because they involve no subsidy of any kind and are not actually a form
of financial aid.     

excel Download Excel for this figure.    excel Download Excel for all figures and tables.    This figure was prepared in October 2009.
  • At 18% of the total, institutional grant aid was the second largest source of financial assistance to postsecondary students.
  • Federal Work-Study earnings constitute only about 1% of all student aid.