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Trends in Higher Education Series 20071 www.collegeboard.com Trends in Student Aid 2007.

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Presentation on theme: "Trends in Higher Education Series 20071 www.collegeboard.com Trends in Student Aid 2007."— Presentation transcript:

1 Trends in Higher Education Series 20071 www.collegeboard.com Trends in Student Aid 2007

2 Trends in Higher Education Series 20072 www.collegeboard.com

3 Trends in Higher Education Series 20073 www.collegeboard.com Ten-Year Trend in Funds Used to Finance Postsecondary Education Expenses in Constant (2006) Dollars (in Billions), 1996-97 to 2006-07

4 Trends in Higher Education Series 20074 www.collegeboard.com Undergraduate Student Aid (in Billions) by Source, 2006-07

5 Trends in Higher Education Series 20075 www.collegeboard.com Graduate Student Aid (in Billions) by Source, 2006-07

6 Trends in Higher Education Series 20076 www.collegeboard.com Growth of Federal, Institutional, and State Grant Dollars in Constant (2006) Dollars (in Billions), 1996-97 to 2006-07

7 Trends in Higher Education Series 20077 www.collegeboard.com Growth of Stafford, PLUS, and Nonfederal Loan Dollars in Constant (2006) Dollars (in Billions), 1996-97 to 2006-07

8 Trends in Higher Education Series 20078 www.collegeboard.com Average Amount Borrowed (and Percent Borrowing) from Federal and Private Sources by Full-Time Dependent Undergraduates by Family Income in Constant (2006) Dollars, 1992-93 to 2003-04 Sources: NPSAS: 1993, 1996, 2000, and 2004; calculations by authors. U.S. Census Bureau, Current Population Survey, Annual Social and Economic Supplement, 1992, 1995, 1999, and 2003.

9 Trends in Higher Education Series 20079 www.collegeboard.com Average Amount Borrowed (and Percent Borrowing) from Federal and Private Sources by Full-Time Dependent Undergraduates by Sector in Constant (2006) Dollars, 1992-93 to 2003-04 Sources: NPSAS: 1993, 1996, 2000, and 2004; calculations by authors. U.S. Census Bureau, Current Population Survey, Annual Social and Economic Supplement, 1992, 1995, 1999, and 2003.

10 Trends in Higher Education Series 200710 www.collegeboard.com Distribution of Federal Aid Funds by Sector, 2005-06

11 Trends in Higher Education Series 200711 www.collegeboard.com Grants and Loans As a Percentage of Total Aid, 1991-92 to 2006-07

12 Trends in Higher Education Series 200712 www.collegeboard.com Average Aid per Full-Time Equivalent (FTE) Student in Constant (2006) Dollars, 1986-87 to 2006-07

13 Trends in Higher Education Series 200713 www.collegeboard.com Total Need-Based and Non-Need-Based State Grants in Constant (2006) Dollars (in Billions), 1969-70 to 2005-06 Source: National Association of State Student Grant and Aid Programs (NASSGAP) Survey.

14 Trends in Higher Education Series 200714 www.collegeboard.com Maximum Pell Grant As a Percentage of Tuition and Fees and Room and Board, 1986-87 to 2006-07

15 Trends in Higher Education Series 200715 www.collegeboard.com Total Pell Expenditures (in Millions), Maximum Pell Grant, and Average Pell Grant in Constant (2006) Dollars, and Number of Recipients (in Thousands), 1976-77 to 2006-07

16 Trends in Higher Education Series 200716 www.collegeboard.com Distribution of Pell Grant Recipients by Age, 2005-06

17 Trends in Higher Education Series 200717 www.collegeboard.com Distribution of Pell Grant Recipients by Family Income and Dependency Status, 2005-06

18 Trends in Higher Education Series 200718 www.collegeboard.com Average Institutional, and Federal and State Grants per Full-Time Dependent Student at Private Four-Year Colleges and Universities by Family Income Quartile, Grouped by Admissions Selectivity, in Constant (2006) Dollars, 2003-04 Source: NPSAS: 2004

19 Trends in Higher Education Series 200719 www.collegeboard.com Average Institutional, and Federal and State Grants per Full-Time Dependent Student at Private Four-Year Colleges and Universities by Family Income Quartile, Grouped by Admissions Selectivity, in Constant (2006) Dollars, 2003-04 Source: NPSAS: 2004

20 Trends in Higher Education Series 200720 www.collegeboard.com Average Institutional, and Federal and State Grants per Full-Time Dependent Student at Private Four-Year Colleges and Universities by Family Income Quartile, Grouped by Admissions Selectivity, in Constant (2006) Dollars, 2003-04 Source: NPSAS: 2004

21 Trends in Higher Education Series 200721 www.collegeboard.com Income Distribution of Families Within Private Colleges and Universities by Admissions Selectivity, 2003-04 Source: NPSAS: 2004

22 Trends in Higher Education Series 200722 www.collegeboard.com Average Institutional, and Federal and State Grants per Full-Time Dependent Student at Public Four-Year Colleges and Universities by Family Income Quartile in Constant (2006) Dollars, 2003-04 Source: NPSAS: 2004

23 Trends in Higher Education Series 200723 www.collegeboard.com Average Institutional, and Federal and State Grants per Full-Time Dependent Student at Public Two-Year Colleges by Family Income Quartile in Constant (2006) Dollars, 2003-04 Source: NPSAS: 2004

24 Trends in Higher Education Series 200724 www.collegeboard.com Income Distribution of Families Within Public Colleges and Universities, 2003-04 Source: NPSAS: 2004

25 Trends in Higher Education Series 200725 www.collegeboard.com Percentage of Full-Time Students Under Age 25 Employed and Hours of Employment per Week by Gender, Race/Ethnicity, and Sector, 2005 Source: NCES, Condition of Education, 2007, Tables 45-1 and 45-2, based on Current Population Survey, October Supplement, 1970–2005

26 Trends in Higher Education Series 200726 www.collegeboard.com Hours of Employment per Week for Full-Time and Part-Time Students Under Age 25, 2005 Source: NCES, Condition of Education, 2007, Tables 45-1 and 45-2, based on Current Population Survey, October Supplement, 1970–2005

27 Trends in Higher Education Series 200727 www.collegeboard.com Percentage of Full-Time and Part-Time Students Under Age 25 Who Were Employed, 1970–2005 Source: NCES, Condition of Education, 2007, Tables 45-1 and 45-2, based on Current Population Survey, October Supplement, 1970–2005

28 Trends in Higher Education Series 200728 www.collegeboard.com Inflation-Adjusted Changes in Tuition and Fees, Family Income, and Student Aid, 1986-87 to 1996-97 and 1996-97 to 2006-07 Tuition and Fees, Family Income, and Aid, 1986-87, 1996-97, and 2006-07 in Constant (2006) Dollars

29 Trends in Higher Education Series 200729 www.collegeboard.com Total Assets in State-Sponsored Section 529 Savings Plans in Current Dollars (in Billions), 1996 to 2007 Number of State-Sponsored Section 529 Accounts in Millions (with Average Savings in Current Dollars), 1996 to 2007 Source: College Savings Plans Network (collegesavings.org), National Association of State Treasurers.

30 Trends in Higher Education Series 200730 www.collegeboard.com Federal Education Tax Credits: Distribution of Savings by Adjusted Gross Income (AGI) Level, 2005 Federal Tuition and Fee Deduction: Distribution of Savings by Adjusted Gross Income (AGI) Level, 2005


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