ERIC Number: ED295531
Record Type: RIE
Publication Date: 1988-May
Reference Count: N/A
Undergraduate Financing of Postsecondary Education: A Report of the 1987 National Postsecondary Student Aid Study.
Korb, Roslyn A.; And Others
The education expenses of undergraduates who were enrolled in a postsecondary institution in the fall of 1986 are examined, along with the methods by which they financed these expenses. Financial aid is studied in detail, by both source and type of aid. This first report of the 1987 National Postsecondary Student Aid Study (NPSAS), which is intended to give information to policymakers at all levels, provided data with potential for clarifying many policy and research issues related to postsecondary education and student financial aid. Statistics and details are provided on postsecondary enrollment, undergraduate education expenses, sources and types of financial aid to undergraduates, federal financial aid to undergraduates, the composition of student aid awards, and sources of financial support to undergraduates. The data indicate that on an average, students enrolled full time for the entire 1986-1987 school year reported that it cost them about $6,000 (ranging from $2,100 to $12,000) to attend a postsecondary institution, and that 46% received some kind of financial aid. Findings indicate that financial aid is crucial for many undergraduates, and the relationship between the receipt of federal need-based aid and family income level is quite inverse. A glossary is provided. The three appendices offer additional tables, technical notes, and a list of advisors to NPSAS. Numerous tables and graphs are included. (SM)
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: Center for Education Statistics (ED/OERI), Washington, DC.