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<title>What students and families pay out-of-pocket to attend college</title>
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<span style="font-family:"Tahoma","sans-serif"">What students and families pay out-of-pocket to attend college<o:p></o:p></span></h4>
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</v:shape><![endif]--><![if !vml]><img width="160" height="205" src="cid:2014902.gif2" align="right" alt="2014902" v:shapes="_x0000_s1026"><![endif]><span style="font-size:9.5pt;font-family:"Tahoma","sans-serif"">Out-of-pocket
net price for college increased over time despite an increase in grant and loan aid over the same period (1999-2000 to 2011-12).
<br>
<br>
This publication briefly presents trends in out-of-pocket net price for college, the amount that students and their families must pay to attend college after subtracting grants, loans, work-study, and all other student aid from the total price of attendance.
It also presents out-of-pocket net price by income levels for the most recent data available (2011-12). For comparability, findings are presented for undergraduates attending full time for a full year.<br>
<br>
Key findings include:<br>
<br>
• Despite an increase in grant and loan aid between 1999-2000 and 2011-12, out-of-pocket expenses also increased during this period except at for-profit institutions.
<br>
<br>
• In 2011-12, out-of-pocket net price averaged $9,900 for public 2-year institutions, $11,800 for public 4-year institutions, $18,100 for private nonprofit 4-year institutions, and $15,000 for all for-profit institutions.<br>
<br>
• By income levels in 2011-12, out-of-pocket net price ranged from $8,500 among dependent undergraduates in the lowest income quartile to $19,700 for their counterparts in the highest income quartile (dependent students are under age 24 and financially dependent
on parents).<br>
<br>
This Data Point uses data from four administrations of the National Postsecondary Student Aid Study (NPSAS:2000, NPSAS:04, NPSAS:08, and NPSAS:12) to briefly present trends in out-of-pocket net price for college.<br>
<br>
This Data Point is a product of the National Center for Education Statistics at the Institute of Education Sciences, part of the U.S. Department of Education.<br>
<br>
To view the full report, please visit<br>
<a href="http://nces.ed.gov/pubsearch/pubsinfo.asp?pubid=2014902">http://nces.ed.gov/pubsearch/pubsinfo.asp?pubid=2014902</a><o:p></o:p></span></p>
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