• Report

How families of low- and middle-income undergraduates pay for college: Full-time dependent students in 1999-2000. Postsecondary Education Descriptive Analysis Reports (NCES 2003-162)

Citation

Choy, S., & Berker, A. M. (2003). How families of low- and middle-income undergraduates pay for college: Full-time dependent students in 1999-2000. Postsecondary Education Descriptive Analysis Reports (NCES 2003-162). Washington, DC: National Center for Educational Statistics (NCES); U.S. Department of Education.

Abstract

Paying for college has always been considered primarily a family responsibility, to be met to the extent possible through some combination of income, savings, and borrowing. However, a variety of government, institutional, and private programs exist to help students who lack the necessary financial resources or whose academic or other achievements qualify them for scholarships. This report describes how the families of dependent students used financial aid and their own resources to pay for college, emphasizing variation by family income and type of institution attended. The tables in this report show many aspects of student financing at five types of institutions, and within each type, at five levels of family income.