In addition to data on SAT and ACT scores, the College Board also provides data on higher education finance. The Trends in Student Aid report provides researchers with detailed information on various types of student aid such as federal grants, loans, and work study. Student aid analyzed in this report comes from a variety of sources including higher education institutions, federal and state governments, and private entities. Trends in Student Aid report findings in the following areas: total aid, federal aid, grants, loans, and tax benefits. The most recent report reveals significant increases in federal grant money in the 2009-10 academic year, trends in student debt and family income, and other data on student aid.
College Board reports on the types of student aid. On average, undergraduates in 2009-10 received $11,461 per FTE student in financial aid. Included in this amount was $6,041 in grant aid and $4,883 in federal loans. Moreover, graduate students in the same academic year received $22,697 on average ($6,371 in grant aid and $15,744 in federal loans). The report also provides data on the sources of grant aid. Federal aid made up 44 percent of all grant aid in 2009-10. The other 56 percent of grant aid came from higher education institutions (36%), state agencies (9%), and private entitties (11%). In general, education borrowing increased by close to 10 percent between 2009 and 2010. The increase in education borrowing is attributed to increased enrollment (College Board, 2010a).
College Board reports on the types of student aid. On average, undergraduates in 2009-10 received $11,461 per FTE student in financial aid. Included in this amount was $6,041 in grant aid and $4,883 in federal loans. Moreover, graduate students in the same academic year received $22,697 on average ($6,371 in grant aid and $15,744 in federal loans). The report also provides data on the sources of grant aid. Federal aid made up 44 percent of all grant aid in 2009-10. The other 56 percent of grant aid came from higher education institutions (36%), state agencies (9%), and private entitties (11%). In general, education borrowing increased by close to 10 percent between 2009 and 2010. The increase in education borrowing is attributed to increased enrollment (College Board, 2010a).
In addition to Trends in Student Aid, College Board also provides other trend reports such as Trends in College Pricing and Education Pays. Trends in College Pricing provides data on tuition and fees, room and board, and the overall cost of attendance over time (College Board, 2010b). Education Pays is a report that provides information on the benefits of higher education (College Board, 2010c). Each report illustrates statistical findings based on each academic year. The authors analyze the data based on facts, not opinions. Trends in Student Aid is a useful report for students, families, government agencies, and higher education administrators. I recommend this report to researchers seeking data on the student aid movement.
College Board (2010a). Trends in Student Aid 2010. Retrieved on October 17, 2011 from http://trends.collegeboard.org/student_aid
College Board (2010b). Trends in College Pricing 2010. Retrieved on October 17, 2011 from http://trends.collegeboard.org/college_pricing
College Board (2010c). Education Pays 2010. Retrieved on October 17, 2011 from http://trends.collegeboard.org/education_pays
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