 |
In 2006-07, 80% of institutional grant aid was need-based in private doctorate-granting institutions with tuition above the median, compared to 61% in doctorate-granting institutions with lower tuition. Similar patterns are observed in other private institutions. |
Note: Need-based grants include any institutional grant dollars awarded to students with financial need up to the student’s full need. Non-need-based grants are defined as dollars awarded to students without financial need or amounts that exceed the student’s financial need. Tuition levels are divided into two groups: those above and those below the median tuition and fee level ($28,605) for this sample.
Source: Annual Survey of Colleges, The College Board, New York, NY.
Download Excel for this figure. Download Excel for all figures and tables. This figure was prepared in October 2008 for Trends in Student Aid, 2008.
- Athletic aid, as well as other non-need-based aid, is more prevalent in lower-tuition than in higher-tuition private institutions of all types.
- In 2005-06, average institutional grant per FTE undergraduate covered 18% of published tuition and fees at lower-priced and
34% at higher-priced private baccalaureate colleges. At private doctorate-granting universities, institutional grants covered an average of 24% to 29% of tuition and fees.More
Also Important
- Some grants defined here as need-based because their recipients have measured need may be labeled “merit” awards. Some measures of need-based aid exclude these awards to needy students.
