Federal Student Loan Programs Data Book - FY 1997-FY 2000
|
|
Part II FFEL Program and FDLP Loan Volume Commitments | CONTENTS < BACK NEXT > |
Tables 37-40.
Combinations of Federal Family Education Loan (FFEL) program participation among Stafford Subsidized, Stafford Unsubsidized, and Parent Loans for Undergraduate Students (PLUS) borrowers, by type of institution: FY 1997-FY 2000
These tables report the distribution of FFEL program borrowers and dollars disbursed, by type of institution, through various loan program combinations. The number of borrowers and dollar amounts of each loan combination is presented in addition to the percentage that each loan combination represents of the total FFEL loan volume disbursed to students at the various types of institutions.
During FY 1997-FY 2000, the majority of borrowers had either a Stafford Subsidized loan only or a combination of Stafford Subsidized and Unsubsidized loans. In FY 1997, 44.3 percent of borrowers had a Stafford Subsidized loan only, while 36.9 percent had the Stafford (Subsidized and Unsubsidized) loan combination (see total column on table 37). By FY 2000, the percent of borrowers with a Stafford Subsidized loan only decreased to 36.9 percent, while the percent of borrowers with the Stafford (Subsidized and Unsubsidized) loan combination increased to 40.6 percent (see total column on table 40).
In FY 1997-FY 2000, the largest proportion of FFEL program dollars was borrowed through the Stafford (Subsidized and Unsubsidized) loan combination across all types of institutions. The proportion of all FFEL program dollars borrowed through the Stafford (Subsidized and Unsubsidized) combination grew slightly each year. During FY 1997-FY 2000, the proportion was 54.5, 55.1, 56.0, and 57.4 percent, respectively (see total columns on tables 37-40).
Borrowers at private 2-year, proprietary, and foreign institutions were more likely to have the Stafford (Subsidized and Unsubsidized) loan combination than borrowers at other institutions. For example, in FY 2000, 49 percent of borrowers at private 2-year institutions, 64.1 percent of borrowers at proprietary institutions, and 82.7 percent of borrowers at foreign institutions had this combination. In contrast, one-third of borrowers at public 2- and 4-year institutions and 39.8 percent of borrowers at private 4-year institutions had Stafford Subsidized and Unsubsidized loans (see table 40).
Between FY 1997 and FY 2000, more than 90 percent of FFEL dollars at foreign institutions were borrowed through the Stafford (Subsidized and Unsubsidized) loan combination. This percentage was considerably higher than at other institutions. For example, during this time, approximately 66 percent of FFEL dollars at proprietary institutions and nearly 60 percent of FFEL dollars at private 2- and 4-year institutions were borrowed through this combination (see tables 37-40).
To view the following table in an accessible format please go to http://www.ed.gov/finaid/prof/resources/data/fslpdata97-01/tables37to40.xls.
These files are in Microsoft Excel format. If you do not have Excel, you can access the files by downloading the free Excel viewer at: http://office.microsoft.com/downloads/2000/xlviewer.aspx.
Table 37. - Combinations of Federal Family Education Loan (FFEL) program participation among Stafford Subsidized, Stafford Unsubsidized, and Parent Loans for Undergraduate Students (PLUS) borrowers, by type of institution: FY 1997 |
||||
Total |
||||
FY97 FFEL Program Combinations |
Number of borrowers |
% |
Dollars |
% |
---|---|---|---|---|
Stafford Subsidized |
1,339,282 |
44.3 |
$5,212,981 |
25.7 |
Stafford Unsubsidized |
315,072 |
10.4 |
1,393,747 |
6.9 |
PLUS |
51,674 |
1.7 |
431,821 |
2.1 |
Stafford (Sub & Unsub) |
1,114,593 |
36.9 |
11,056,540 |
54.5 |
Stafford (Sub) & PLUS |
136,539 |
4.5 |
1,434,260 |
7.1 |
Stafford (Unsub) & PLUS |
35,436 |
1.2 |
397,631 |
2 |
Stafford (Sub & Unsub) & PLUS |
30,845 |
1 |
370,940 |
1.8 |
Total |
3,023,441 |
100 |
20,297,920 |
100 |
Public 4-year |
||||
FY97 FFEL Program Combinations |
Number of borrowers |
% |
Dollars |
% |
---|---|---|---|---|
Stafford Subsidized |
578,176 |
49.3 |
$2,373,515 |
33.5 |
Stafford Unsubsidized |
148,264 |
12.7 |
645,732 |
9.1 |
PLUS |
16,754 |
1.4 |
109,687 |
1.5 |
Stafford (Sub & Unsub) |
368,271 |
31.4 |
3,368,966 |
47.5 |
Stafford (Sub) & PLUS |
30,666 |
2.6 |
286,079 |
4 |
Stafford (Unsub) & PLUS |
16,993 |
1.5 |
170,120 |
2.4 |
Stafford (Sub & Unsub) & PLUS |
12,490 |
1.1 |
131,467 |
1.9 |
Total |
1,171,614 |
100 |
7,085,567 |
100 |
Private 4-year |
||||
FY97 FFEL Program Combinations |
Number of borrowers |
% |
Dollars |
% |
---|---|---|---|---|
Stafford Subsidized |
462,871 |
42.4 |
$2,048,973 |
21.6 |
Stafford Unsubsidized |
98,936 |
9.1 |
525,489 |
5.5 |
PLUS |
25,610 |
2.3 |
267,803 |
2.8 |
Stafford (Sub & Unsub) |
408,047 |
37.4 |
5,443,071 |
57.3 |
Stafford (Sub) & PLUS |
69,532 |
6.4 |
841,286 |
8.9 |
Stafford (Unsub) & PLUS |
13,459 |
1.2 |
186,591 |
2 |
Stafford (Sub & Unsub) & PLUS |
13,476 |
1.2 |
192,046 |
2 |
Total |
1,091,931 |
100 |
9,505,259 |
100 |
Public 2-year
|
||||
FY97 FFEL Program Combinations |
Number of borrowers |
% |
Dollars |
% |
---|---|---|---|---|
Stafford Subsidized |
196,295 |
54.7 |
$495,979 |
40.3 |
Stafford Unsubsidized |
46,069 |
12.8 |
126,231 |
10.2 |
PLUS |
1,575 |
0.4 |
6,434 |
0.5 |
Stafford (Sub & Unsub) |
110,235 |
30.7 |
573,593 |
46.6 |
Stafford (Sub) & PLUS |
2,575 |
0.7 |
16,271 |
1.3 |
Stafford (Unsub) & PLUS |
1,128 |
0.3 |
7,123 |
0.6 |
Stafford (Sub & Unsub) & PLUS |
1,001 |
0.3 |
6,070 |
0.5 |
Total |
358,878 |
100 |
1,231,702 |
100 |
Private 2-year
|
||||
FY97 FFEL Program Combinations |
Number of borrowers |
% |
Dollars |
% |
---|---|---|---|---|
Stafford Subsidized |
14,296 |
36.5 |
$39,779 |
20.3 |
Stafford Unsubsidized |
3,266 |
8.3 |
11,383 |
5.8 |
PLUS |
592 |
1.5 |
3,614 |
1.8 |
Stafford (Sub & Unsub) |
17,612 |
45 |
112,241 |
57.3 |
Stafford (Sub) & PLUS |
2,447 |
6.2 |
20,620 |
10.5 |
Stafford (Unsub) & PLUS |
515 |
1.3 |
4,198 |
2.1 |
Stafford (Sub & Unsub) & PLUS |
430 |
1.1 |
3,953 |
2 |
Total |
39,158 |
100 |
195,788 |
100 |
Proprietary
|
||||
FY97 FFEL Program Combinations |
Number of borrowers |
% |
Dollars |
% |
---|---|---|---|---|
Stafford Subsidized |
86,174 |
24.5 |
$244,409 |
11.7 |
Stafford Unsubsidized |
18,219 |
5.2 |
81,787 |
3.9 |
PLUS |
7,096 |
2 |
43,677 |
2.1 |
Stafford (Sub & Unsub) |
201,739 |
57.4 |
1,380,705 |
66.2 |
Stafford (Sub) & PLUS |
31,204 |
8.9 |
268,325 |
12.9 |
Stafford (Unsub) & PLUS |
3,311 |
0.9 |
29,191 |
1.4 |
Stafford (Sub & Unsub) & PLUS |
3,414 |
1 |
36,761 |
1.8 |
Total |
351,157 |
100 |
2,084,855 |
100 |
Foreign
|
||||
FY97 FFEL Program Combinations |
Number of borrowers |
% |
Dollars |
% |
---|---|---|---|---|
Stafford Subsidized |
1,470 |
13.7 |
$10,326 |
5.3 |
Stafford Unsubsidized |
318 |
3 |
3,124 |
1.6 |
PLUS |
47 |
0.4 |
606 |
0.3 |
Stafford (Sub & Unsub) |
8,689 |
81.2 |
177,965 |
91.4 |
Stafford (Sub) & PLUS |
115 |
1.1 |
1,678 |
0.9 |
Stafford (Unsub) & PLUS |
30 |
0.3 |
408 |
0.2 |
Stafford (Sub & Unsub) & PLUS |
34 |
0.3 |
642 |
0.3 |
Total |
10,703 |
100 |
194,750 |
100 |
NOTES: Canceled loans were removed from the counts presented here; therefore totals will not match the volume presented in other tables that include cancellations. In order to compare participation among PLUS, Stafford Subsidized, and Stafford Unsubsidized loan programs, parent borrowers are linked to the student and only one borrower is counted. For example, if a parent obtained a PLUS loan for their dependent student and the student received no other loans, then the student-and only the student-is counted in the PLUS only category. If a parent obtained a PLUS loan for their dependent student and the student received a Subsidized Stafford loan, then the student-and only the student-is counted in the PLUS and Stafford Subsidized category. Details may not add to totals due to rounding. Calculations are based on numbers before rounding.
SOURCE: U.S. Department of Education, Office of Postsecondary Education, National Student Loan Data System. |
Part II FFEL Program and FDLP Loan Volume Commitments | CONTENTS < BACK NEXT > |
Federal Student Loan Programs Data Book - FY 1997-FY 2000 |