Percentage Distribution of Pell Grant and Stafford Loan Funds by Sector over Time
In fall 2012, about 30% of full-time equivalent (FTE) undergraduate students and about 26% of all FTE postsecondary students were enrolled in public two-year colleges. They received 33% of Pell Grant funds and 10% of combined subsidized and unsubsidized federal loans.
SOURCES: Annual Publications, U.S. Department of Education, Office of Postsecondary Education; the National Student Loan Data System (NSLDS); the Federal Student Aid Data Center (studentaid.ed.gov/data-center).
- As the share of undergraduate enrollment in the for-profit sector increased from 7% in fall 2003 to 9% in fall 2006, and to 12% in fall 2009, the share of Pell Grant funds going to students in this sector increased from 16% to 19% to 25%. By fall 2012, the for-profit share of FTE enrollments remained at 12% and the sector’s share of Pell Grants had declined to 21%.