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FA24: Trends in Borrowing Behavior of Undergraduates


Total number of unique undergraduates enrolled in the fall (includes undergraduates enrolled in the fall who did and did not receive loans during the regular session - fall and/or spring term) by loan category as a percentage of fall undergraduate enrollment since 1992-93.




Trends in Borrowing Behavior of Undergraduates
Total Public Four-Year Institutions
Total Number of Unique Students by Loan Category Status
as a Percentage of Fall Undergraduates


Note: SCHEV Research did not begin collecting graduate and first professional financial aid information from the institutions until 2004-05.Hover over the chart to see how each financial aid loan category changes over time.



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Notes
CategoriesDefinitions
No Loans Received:Did not receive loans
Multiple Loans, All Other combinations:Student(s) received multiple loans across sources (i.e. federal, private, institutional)
Institutional Loans:Student(s) received institutional loans and/or loans from endowment funds. These loans, with a repayment period of greater than one (1) year, are made directly to the student by the institution from non-federal funds and from its own resources.
Private Loans Only:Student(s) only received private loans. Private loans include those loans not federally insured which are disbursed to students directly by a non-government source.
Multiple Federal Loans:Student(s) received more than one federal loan, which includes PERKINS, Stafford sub., Stafford unsub., TVII, SLS, and PLUS loans.
Stafford Subsidized Loans Only:Only received Stafford Subsidized loan. Stafford subsidized loan is a federally insured student loans authorized under the Higher Education Act of 1965, as amended.
Stafford Unsubsidized Loans Only:Only received Stafford Unsubsidized loan. Stafford unsubsidized loan is a federally insured student loans authorized under the Higher Education Act of 1965, as amended.
Perkins Loan Only:Student(s) only received Perkins loan. Perkins loan is a federally funded need-based student loan program authorized under Title IV of the Higher Education Act of 1965, as amended.
Title VII Loans Only:Student(s) only received TVII loans. Title VII loans is a program authorized under Title VII of the Higher Education Act of 1965, as amended.
SLS (Loans to Students) Loans Only:Student(s) only received SLS loans.
Plus (Loans to Parents) Loans Only:Student(s) only received Plus loan. Stafford Plus loan is a federally insured parent loans authorized under the Higher Education Act of 1965, as amended, which are not based on financial need. Parents of dependent undergraduates, or graduate/first professional students are eligible for this loan.


Full Legal Name - "Virginia Polytechnic Institute and State University" (Virginia Tech); "The College of William and Mary" (William & Mary)


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