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In 2008-09, undergraduate students received an average of $10,185 in aid per full-time equivalent (FTE) student, including $5,041 in grant aid and $4,585 in federal loans. |
Download Excel for this table. Download Excel for all figures and tables. This figure was prepared in October 2009. - Over the decade from 1998-99 through 2008-09, grant aid per undergraduate FTE increased an average of 3.4% per year after adjusting for inflation, while federal loans per FTE grew 4.0% per year
- The number of undergraduate FTE students increased 2.6% per year, on average, over the decade, requiring increases in total aid
just to maintain the same level of
aid per student.
Also Important
- Nonfederal loans are not included in Figures 11a and 11b because they carry no subsidy at all and are a financing mechanism,
not financial aid. - Estimated undergraduate fall FTE enrollment in 2008 was 12,343,000 and estimated graduate FTE enrollment was 1,876,000.
