Percent of Undergraduates Who Received Grants and Median** Total Amount Received, by Income (AY 2003-2004)

Dependent Undergraduates** by Parents' Income Independent Undergraduates** by Income (including spouse's if any)   Under $40,000 $40,000- $79,999 $80,000 or more Under $20,000 $20,000- $39,999 $40,000 or more US 72% $4,049 45% $2,644 35% $3,497 64% $2,975 50% $1,850 32% $1,043               California 59% $4,003 26% $2,796 19% $2,540 48% $2,933 29% $1,477 17% $800 Connecticut 69% $4,550 58% $6,440 39% $4,500 48% $3,040 47% $1,650 46% $1,313 Georgia 84% $3,096 62% $2,278 63% $3,300 77% $1,913 69% $1,350 58% $926 Illinois 69% $4,907 39% $3,000 38% $3,961 62% $3,138 43% $1,500 32% $1,300 Minnesota 78% $4,336 49% $3,463 38% $4,300 67% $3,000 51% $1,900 46% $980 New York 80% $6,128 66% $2,524 50% $3,750 76% $3,991 62% $2,432 42% $1,190 Tennessee 78% $3,700 40% $2,595 39% $2,556 71% $3,099 57% $1,800 30% $977 Texas 68% $3,600 38% $2,150 26% $3,000 63% $2,785 46% $1,785 26% $898

* A median is the point at which 50 percent of students received more and 50 percent received less. A median represents a typical student grant better than an avaerage because students who received large grants skew the average, making it a less reliable gauge than the median. ** The U.S. Department of Education defines an independent undergraduates as age 24 or older, married, with dependents to support, a veteran, or orphan or ward of the court. Students who do not meet these criteria, but who receive no financial support from their parents, may also be considered independent. About half of undergraduates in the U.S. are dependent and half are independent.

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