State Grant Aid per Undergraduate Student by State, 2015-16
In 2015-16, state grant aid per full-time equivalent (FTE) undergraduate student ranged from under $200 in 10 states to over $1,000 in 14 states.
Figure 20A: State Grant Aid per Full-Time Equivalent (FTE) Undergraduate Student, 2015-16
Notes & Sources
NOTES: Full-time equivalent students include both state residents and out-of-state students. States do not award grant aid to nonresidents.
SOURCES: NASSGAP Annual Survey, 2015-16, Tables 1 and 12; calculations by the authors.
The four states with the highest grant aid per FTE student considered financial circumstances for between 0% and 28% of the aid awarded. (Figure 19B)
South Carolina, with the highest grant aid per FTE undergraduate student, considered the financial circumstances of recipients for 17% of state grant funds in 2015-16. Georgia, the second most generous state, allocates its grant funds without regard to students’ financial circumstances. (Figure 19B)