FourYearCost

Public vs private: who drops aid more?

Medians across 1,732 four-year colleges, IPEDS 2022-23.

PublicPrivate nonprofit
Colleges750982
Median freshman grant$8,688$24,784
Median later-years grant$8,154$22,534
Median drop$622$1,832
Median drop as % of freshman grant6.8%7.7%
Colleges with a drop above zero502 (67%)755 (77%)
Median drop, traditional 4-year only$367 (383)$1,768 (773)

Largest drops: public

#CollegeFreshman grantLater yearsDrop
1Prairie View A & M University
Prairie View · Public
$14,680$7,800$6,880
2Coppin State University
Baltimore · Public
$15,181$8,787$6,395
3Grambling State University
Grambling · Public
$8,763$2,846$5,917
4University of Maryland Eastern Shore
Princess Anne · Public
$12,530$6,955$5,575
5Western Illinois University
Macomb · Public
$15,620$10,240$5,380
6Tennessee State University
Nashville · Public
$15,589$10,660$4,929
7Massachusetts Maritime Academy
Buzzards Bay · Public
$16,962$12,599$4,364
8University of Virginia-Main Campus
Charlottesville · Public
$29,675$25,919$3,756
9University of California-Berkeley
Berkeley · Public
$25,951$22,342$3,609
10University of North Texas
Denton · Public
$11,142$7,585$3,557

Largest drops: private nonprofit

#CollegeFreshman grantLater yearsDrop
1Gallaudet University
Washington · Private
$24,446$6,711$17,735
2Eureka College
Eureka · Private
$18,303$1,174$17,129
3Northeastern University
Boston · Private
$46,558$31,410$15,148
4Columbia University in the City of New York
New York · Private
$65,173$50,190$14,983
5Notre Dame of Maryland University
Baltimore · Private
$37,839$22,878$14,961
6Pillar College
Newark · Private
$27,072$13,743$13,329
7University of Chicago
Chicago · Private
$58,877$46,027$12,850
8Concordia University Texas
Austin · Private
$28,382$15,681$12,701
9Colby College
Waterville · Private
$66,387$54,314$12,073
10University of Pennsylvania
Philadelphia · Private
$59,721$48,056$11,665

Top-10 lists use traditional 4-year colleges. Private colleges give larger grants overall, so dollar gaps run larger; compare the % row too. Not advice on which college to choose. Methodology.

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