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Sixty-four percent of the $42.7 billion in graduate student aid was in the form of federal loans and 33% was in the form of grants from all sources. |
Note: Components may not sum to 100% due to rounding. See Notes and Sources for a list of programs included in other federal grants. Graduate students include both those enrolled in master’s and doctoral degree programs and those in professional programs in fields such as law and medicine, who are much more dependent on student loans. Nonfederal loans are not included here since they involve no subsidy of any kind and are not actually a form of financial aid.
Source: Table 2b.
Download Excel for this table. Download Excel for all figures and tables. This figure was prepared in October 2009. - The 16% of graduate student aid in the form of institutional grants in 2008-09 constituted 49% of all grant aid for graduate students. Colleges and universities also provide fellowships and assistantships to many graduate students.More
- The 10% of graduate student aid in the form of grants from employers and other private sources constituted 32% of all grants to graduate students.
Also Important
- Graduate students include both those enrolled in master’s and doctoral degree programs and
those in professional programs in fields such as law and medicine, who are much more dependent on student loans. (See Figures 8a and 8b for details.)More
- In fall 2008, an estimated 12.3 million (87%) of the 14.2 million full-time equivalent (FTE) postsecondary students were undergraduates and 1.9 million (13%) were graduate students.
- Undergraduate and graduate students are distributed differently across sectors. Forty-one percent of undergraduate FTE enrollment is in the public four-year sector, 31% in the public two-year sector, 18% in private not-for-profit four-year institutions and 9% in the for-profit sector. Fifty percent of graduate FTE enrollment is in the public four-year sector, 42% in private not-for-profit four-year institutions and 8% in the for-profit sector.More
