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Between 1992-93 and 2007-08, average state grant dollars to dependent undergraduate students more than doubled, rising from $320 (in 2007 dollars) to $870 per student. Students from families with incomes below $32,500 received an average of $760 more in 2007-08 than in 1992-93, an increase of 92%. Students from families with incomes of $100,000 or higher received an average of $320 more, an increase of 457%. |
The percentages inside the bars indicate the percentage of dependent students within the designated income category who received state grants during the year.
Note: Income groups are based on quartiles of families in the U.S. Census Bureau 2006 income data
(corresponding to the 2007-08 academic year).
Sources:NPSAS, 1993, 1996, 2000, 2004, 2008; U.S. Census Bureau, Current Population Survey,
Annual Social and Economic Supplement, 2007.
(corresponding to the 2007-08 academic year).
Sources:NPSAS, 1993, 1996, 2000, 2004, 2008; U.S. Census Bureau, Current Population Survey,
Annual Social and Economic Supplement, 2007.
Download Excel for this figure. Download Excel for all figures and tables. This figure was prepared in October 2009. - In 2007-08, 47% of full-time dependent
undergraduates from families with incomes
under $32,500 received state grants averaging...
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$3,400. The proportion of students receiving state grants declined as income increased, with only 13% of those with incomes of $100,000 or higher receiving state grants. However, the average grant was lowest ($2,700) for those with incomes in the $60,000 to $99,999 range. - The most rapid growth in average state grant
aid for those in the top two income groups
was from 1995-96 to 1999-2000.
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The most rapid growth in state grant aid for those in the lowest-income group was from 2003-04 to 2007-08, and for the lower-middle income group it was from 1992-93 to 1995-96. - Between 1992-93 and 2007-08, the percentage
of students receiving state grants increased by
14 points for the lowest-income group,
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16 points for the lower-middle, and 13 and 10 points, respectively, for the two highest-income groups.
Also Important
- The proportion of state aid allocated on the basis of
financial circumstances declined from 90%...
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in 1992-93 to 86% in 1995-96, 78% in 1999-2000, 74% in 2003-04 and 72% in 2007-08. (NASSGAP, 2009) - State merit aid programs are concentrated in Southern
states, where incomes tend to be lower...
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than the national average. Relatively few students in these states are in the top segment of the national income distribution. - Federal grant aid is more targeted at low-income students
than is state grant aid. In 2007-08, only 2%...
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of federal grants to dependent students went to students from families in the upper half of the income distribution. (NPSAS, 2008)
