Percentage Distribution of Federal Aid Funds by Sector over Time
The percentage of both Pell Grants and Stafford Loans going to students in the for-profit sector declined from about 25% in 2010-11 to 18% for Pell Grants and 19% for Stafford Loans in 2014-15.
Table 7: Distribution of Federal Aid Funds by Sector, 1986-87 to 2014-15
Notes & Sources
Notes: For 2007-08 and later years, four-year institution categories include only those institutions where more than 50% of degrees/certificates awarded are bachelor’s degrees or higher. Excludes less-than-two-year institutions and foreign institutions. Percentages may not sum to 100 because of rounding.
SOURCES: See Notes & Sources for a list of sources for data included in Table 7.
- The percentage of Stafford Subsidized Loan dollars borrowed by public two-year college students increased from 7% in 2005-06 to 12% in 2010-11 and 15% in 2014-15. This sector accounted for 28% of the total and 32% of undergraduate FTE enrollments in 2014-15.
- In 2014-15, students in the for-profit sector received similar percentages of Pell Grant and Stafford Loan funds. Students in public two-year colleges received a larger share of Pell Grants (35% in 2014-15) than of Stafford Subsidized Loan funds (15% in 2014-15). Students in private nonprofit institutions received a smaller share of Pell Grants (15% in 2014-15) than of Stafford Subsidized Loan funds (24% in 2014-15).