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NCES Releases New Data on Student Financial Aid

A newly released report from the National Center for Education Statistics (NCES) reveals the average cost of attendance and the net price of attendance for the 2011-12 academic year.  The report reveals that the costs varied by institutional sector.

 

 

Among full-time, first time degree/certificate-seeking undergraduate students receiving any grant aid, the average cost, for those attending public 4-year institutions, was approximately $18,300 and net price was about $11,700; for those attending nonprofit 4-year institutions, average cost was roughly $35,200 and net price was about $20,600; and for those attending for-profit 4-year institutions, average cost was approximately $27,000 and net price was about $21,900.

 

This provisional First Look report includes fully edited and imputed data from the Integrated Postsecondary Education Data System (IPEDS) winter 2011-12 data collection, which includes the Student Financial Aid component data for the 2011-12 academic year.  This First Look is a product of the National Center for Education Statistics at the Institute of Education Sciences, part of the U.S. Department of Education.

To view the full report visit
http://nces.ed.gov/pubsearch/pubsinfo.asp?pubid=2013178 

It would be interesting to find out the statistic for how much of that tuition cost was funded by student loans.

The information displayed is very interesting. since many students choose to study at public institutions.

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