Total Aid and Nonfederal Loans in Current and Constant Dollars over Time: All Students, Undergraduate Students, and Graduate Students

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Grant aid fell from 60% of the grants, loans, tax credits and deductions, and work-study aid used to finance postsecondary education in 1990-91 to 45% in 2010-11, but rose to 50% in 2014-15.

Table 4: Composition of Total Aid and Nonfederal Loans over Time

Table 4 represents Composition of Total Aid and Nonfederal Loans over Time

Notes & Sources 

SOURCES: See Notes & Sources for a list of sources for data included in Table 4.

  • Loans rose from 38% of the total aid and nonfederal loans used to finance postsecondary education in 1990-91 to 47% in 2010-11 and fell to 43% in 2014-15.
  • For undergraduate students, grant aid fell from 64% of these funds in 1990-91 to 50% in 2010-11, but increased to 55% in 2014-15. For graduate students, grant aid percentages for these years were 41%, 26%, and 32%, respectively.
  • For undergraduate students, loans rose from 33% of these funds in 1990-91 to 41% in 2010-11 and fell to 37% in 2014-15. For graduate students, loan percentages for these years were 59%, 68%, and 63%, respectively.