Undergraduate Scholarships

• According to the National Postsecondary Student Aid Study (NPSAS) as reported by FinAid, the average scholarship amount for undergraduate students for 2007-2008 was $2,523.31 per person. This is up from nearly $2,000 per person during the 2003-2004 school year.
  
  

Graduate Fellowships

• Instead of (or sometimes in addition to) scholarships, graduate students typically receive fellowships in which they do some work for the university (typically teaching or research) and receive a tuition break. During the 2007-2008 school year, the average fellowship award was $5,796.71 per person, according to NPSAS. This was up from just over $3,500 during the 2003-2004 school year.
  
  

Undergraduate Grants

• According to NPSAS, undergraduate students as a whole received an average of $4,900 in government grants per person during the 2007-2008 school year. Students receiving the highest amounts of aid were those attending four-year, doctorate granting institutions.
  
  

Graduate Grants

• The average amount of grants received by graduate students totaled $250 per person during the 2007-2008 school year. Graduate students attending private, for-profit schools received the largest grant amounts, with an average of just over $1,000 per person.