Sources of Grant Aid for First-Time Full-Time Undergraduate Students at Private Nonprofit Institutions in 2014 Dollars, 2004-05, 2009-10, and 2014-15

First-time full-time students at all types of private nonprofit four-year colleges and universities received more than 80% of their grant aid from their institutions in 2014-15.

Figure 14. Sources of Grant Aid for First-Time Full-Time Undergraduate Students at Private Nonprofit Institutions in 2014 Dollars, 2004-05, 2009-10, and 2014-15

Figure 14 represents Sources of Grant Aid for First-Time Full-Time Undergraduate Students at Public Institutions in 2014 Dollars, 2004-05, 2009-10, and 2014-15. For a corresponding Section 508-compliant data table, download the Excel spreadsheet.

Notes & Sources 

NOTES: Carnegie categories are based on the 2015 classification. Institutions without undergraduate enrollment are excluded. Percentages may not sum to 100 because of rounding.
 
SOURCES: NCES, IPEDS Student Financial Aid data, 2004-05, 2009-10, and 2014-15; calculations by the authors.
  • In 2014-15, first-time full-time students at private nonprofit doctoral universities received an average of $18,450 in total grant aid, compared with $6,530 for students at public doctoral universities. (Figure 13)
  • In 2014-15, average institutional grant aid ranged from $13,920 at private master’s universities to $16,650 at private doctoral institutions.
  • Between 2004-05 and 2014-15, growth in total grant aid (adjusted for inflation) from all sources ranged from 47% at private doctoral institutions to 61% at private master’s institutions.
  • Students at all types of private nonprofit four-year institutions received larger shares of their total grant aid from their institutions in 2014-15 than in 2004-05.