EPI's weekly illustration of education data trends — June 2, 2016

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Voting with Their Feet: Where Pell Funds Go

 

Using data from the National Center for Education Statistics (NCES), we can look at where Pell Grant funds go to, via student enrollment. The snapshot below is from 2013-14, when $31.5 billion in Pell Grants were awarded in the United States. Of this total, a majority of funds went to public institutions ($20.8 billion), followed by private, for-profit institutions ($6.2 billion), and private, not-for-profit institutions ($4.5 billion). With similar ratios, these funds went to 5.8 million students who attended public institutions, 1.7 million who attended for-profit institutions, and 1.1 million who attended private, not-for-profit institutions. On average (not illustrated), the highest average Pell Grant went to students at private, not-for-profit institutions ($3,912), followed by students at public institutions ($3,604), and private, for-profit institutions ($3,549).

SOURCES: Pell Data: http://www2.ed.gov/finaid/prof/resources/data/pell-institution.html. Enrollment Data:

https://nces.ed.gov/programs/digest/d13/tables/dt13_307.10.asp.