Percent of Undergraduates Who Received Grants and Median* Total Amount Received, by Income (AY 2007-2008)

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- $49,999 $50,000 or more US 74% $4,437 48% $3,217 39% $4,968 65% $2,445 50% $1,580 32% $1,117               California 67% $4,255 40% $2,170 19% $3,300 58% $2,070 41% $881 19% $630 Georgia 85% $4,309 66% $3,660 55% $5,000 77% $2,555 69% $1,625 59% $1,098 Illinois 62% $6,185 38% $4,350 31% $5,000 56% $2,190 46% $1,616 31% $1,500 Minnesota 83% $4,860 59% $3,500 47% $4,000 70% $2,695 56% $2,000 40% $1,178 New York 81% $5,710 62% $3,677 50% $6,473 65% $3,680 50% $2,400 37% $1,700 Texas 72% $4,291 34% $3,125 26% $3,500 56% $2,560 45% $2,000 24% $1,050

* 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 average 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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