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Financial Aid / U.S. Undergraduate Students Receiving Financial Aid

U.S. Undergraduate Students Receiving Pell Grants

Table includes percentages of students receiving Pell Grants and grant amounts for years 1995-1996, 1999-2000, 2003-2004 and 2007-2008. Institutional and student characteristics included.

Established under Title IV, the United States Pell Grant program promotes financial access to a college education. Pell recipients are based on financial need and include undergraduates and students in career and technical education (CTE) fields. In 2010 there were 5,400 institutions that participated in the Pell Grant program.

Pell Grant Data 1995-96 1999-2000 2003-04 2007-08
Maximum Pell Grant $2,340 $3,125 $4,050 $4,310
Total Pell Grant Expenditures $5,471,707,710 $7,208,500,491 $12,707,897,337 $14,676,345,099
Total Pell Grant Recipients 3,611,821 3,763,710 5,139,638 5,542,893
         
  1995-96 1999-2000 2003-04 2007-08
Characteristic Percent Avg Grant Percent Avg Grant Percent Avg Grant Percent Avg Grant
                 
Total 21.8 $1,500 22.6 $1,900 27.2 $2,400 27.3 $2,600
 
Age
23 or younger 22.5 $1,600 22.4 $2,000 25.5 $2,600 24.7 $2,700
24–29 25.5 $1,400 29.8 $1,900 36.6 $2,400 36.4 $2,400
30 or older 18.0 $1,400 18.3 $1,800 24.8 $2,300 27.3 $2,300
 
Sex
Male 18.0 $1,500 18.9 $1,900 22.3 $2,500 21.5 $2,600
Female 24.7 $1,500 25.4 $1,900 30.8 $2,400 31.8 $2,500
 
Race/ethnicity
White 16.3 $1,400 17.2 $1,800 20.7 $2,300 20.5 $2,400
Black 39.2 $1,600 39.9 $2,000 47.9 $2,500 46.3 $2,600
Hispanic 36.2 $1,600 34.4 $2,100 37.5 $2,600 39.4 $2,700
Asian/Pacific Islander 22.8 $1,700 22.4 $2,200 21.9 $2,800 22.8 $2,800
American Indian 35.8 $1,700 30.9 $1,900 31.9 $2,400 36.1 $2,500
Other or Two or more races 32.9 $1,600 24.6 $2,000 29.8 $2,500 31.1 $2,600
 
Dependent student family income
Lowest 25 percent 53.5 $1,800 60.1 $2,200 62.1 $2,900 64.3 $3,100
Lower middle 25 percent 19.3 $1,100 17.0 $1,200 24.0 $1,600 21.5 $1,700
Upper middle 25 percent 0.8 $800 1.0 $900 1.5 $1,300 #
Highest 25 percent # 0.1! # #
 
Independent student family income
Lowest 25 percent 55.7 $1,600 58.5 $2,000 55.5 $2,700 58.8 $2,800
Lower middle 25 percent 27.1 $1,500 31.1 $1,900 44.0 $2,300 44.4 $2,300
Upper middle 25 percent 16.0 $1,200 13.2 $1,200 25.2 $1,800 29.5 $1,900
Highest 25 percent 1.5 $700 0.7 $1,100 1.3 $1,100 0.5 $600
 
Attendance status
Full-time, full-year 29.7 $1,800 29.6 $2,300 32.2 $3,100 32.6 $3,300
Part-time or part-year 17.6 $1,300 18.3 $1,500 23.8 $1,900 23.9 $1,900
 
Dependency/marital status
Dependent 18.5 $1,600 19.6 $2,000 22.5 $2,600 21.8 $2,800
Independent 25.1 $1,500 25.5 $1,900 32.0 $2,400 33.6 $2,400
Unmarried with no dependents 18.8 $1,400 21.4 $1,800 27.5 $2,300 29.7 $2,400
Married with no dependents 8.8 $1,300 7.4 $1,600 10.4 $2,100 12.5 $2,300
Unmarried with dependents 44.5 $1,600 42.4 $2,000 54.7 $2,500 54.0 $2,500
Married with dependents 26.2 $1,400 24.2 $1,800 26.1 $2,200 26.5 $2,200
 
Class level
1st-year 21.6 $1,400 25.4 $1,800 33.7 $2,300 30.5 $2,400
2nd-year 22.8 $1,600 22.6 $2,000 27.2 $2,600 27.4 $2,600
3rd-year 23.1 $1,600 24.6 $2,100 25.4 $2,600 28.5 $2,800
4th-year and beyond 22.5 $1,500 22.3 $1,900 24.6 $2,500 24.1 $2,700
 
Type of institution
Public 4-year 23.5 $1,600 24.1 $2,000 26.4 $2,600 25.3 $2,800
Private nonprofit 4-year 22.6 $1,600 24.1 $2,000 27.9 $2,600 25.6 $2,900
Public 2-year 14.8 $1,400 16.5 $1,700 22.3 $2,200 21.0 $2,300
For-profit 50.1 $1,500 54.2 $2,000 55.5 $2,400 62.7 $2,500
 
Employment status
Not employed 31.3 $1,600 26.3 $2,100 28.7 $2,500 30.2 $2,700
Employed part time 25.0 $1,600 27.9 $2,000 28.3 $2,500 28.4 $2,700
Employed full time 12.4 $1,300 15.3 $1,600 24.8 $2,300 24.1 $2,300
 
Parent education
High school or less 30.6 $1,500 29.6 $1,900 36.4 $2,500 36.7 $2,600
Some postsecondary education 20.5 $1,500 26.0 $1,900 28.3 $2,400 28.8 $2,600
Bachelor’s degree or higher 12.7 $1,500 15.3 $1,900 17.4 $2,400 16.2 $2,600
# Rounds to near 0.
! Data should be interpreted with caution. Estimates not necessarily accurate.
‡ Reporting standards not met for statistic.
Source: U.S. Department of Education, National Center for Education Statistics

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