Top Ten Colleges for Total Title IV Student Aid

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1 Student Aid Policy Analysis Top Ten Colleges for Total Title IV Student Aid Mark Kantrowitz Publisher of FinAid.org and FastWeb.com December 21, 2009 EXECUTIVE SUMMARY The following charts are based on integrating the four programmatic volume reports from the FSA Data Center for the award year with the college type and control from the trial three-year CDR data for FY2007 as published by the US Department of Education on December 10, Colleges were matched from the various data sources using the OPE ID. Enrollment data included in the trial three-year CDR data release appear to be too spotty and inaccurate to permit calculating average Title IV aid per recipient for the colleges in the data set. In addition, 720 of the 6,279 colleges were missing type and control data. Top Ten by Total Title IV Student Aid Public 4-Year Colleges PENNSYLVANIA STATE UNIVERSITY (THE) Public 4-Year $549,308,028 ARIZONA STATE UNIVERSITY Public 4-Year $345,160,609 OHIO STATE UNIVERSITY Public 4-Year $334,284,955 MICHIGAN STATE UNIVERSITY Public 4-Year $326,902,002 UNIVERSITY OF MINNESOTA - TWIN CITIES Public 4-Year $304,511,998 UNIVERSITY OF PITTSBURGH - PITTSBURGH Public 4-Year $275,298,086 UNIVERSITY OF TEXAS - AUSTIN Public 4-Year $274,613,617 RUTGERS; THE STATE UNIVERSITY OF NEW JERSEY Public 4-Year $263,551,000 UNIVERSITY OF MICHIGAN Public 4-Year $244,417,437 UNIVERSITY OF SOUTH FLORIDA Public 4-Year $242,701,344 Top Ten by Total Title IV Student Aid Public 2-Year Colleges PORTLAND COMMUNITY COLLEGE Public 2-Year $83,817,978 WAYNE COUNTY COMMUNITY COLLEGE DISTRICT Public 2-Year $78,937,293 OWENS STATE COMMUNITY COLLEGE Public 2-Year $77,800,056 COLUMBUS STATE COMMUNITY COLLEGE Public 2-Year $77,737,179 VALENCIA COMMUNITY COLLEGE Public 2-Year $72,276,989 HOUSTON COMMUNITY COLLEGE Public 2-Year $71,375,847 HARRISBURG AREA COMMUNITY COLLEGE Public 2-Year $70,895,236 LANSING COMMUNITY COLLEGE Public 2-Year $65,674,520 HENRY FORD COMMUNITY COLLEGE Public 2-Year $65,383,454 PULASKI TECHNICAL COLLEGE Public 2-Year $61,038,406

2 Top Ten by Total Title IV Student Aid Private 4-Year Colleges NOVA SOUTHEASTERN UNIVERSITY-DAVIE Private 4-Year $504,535,730 NEW YORK UNIVERSITY Private 4-Year $482,619,178 UNIVERSITY OF SOUTHERN CALIFORNIA Private 4-Year $372,569,773 TEMPLE UNIVERSITY 1 Private 4-Year $301,813,356 LIBERTY UNIVERSITY Private 4-Year $282,783,684 BAKER COLLEGE Private 4-Year $271,485,647 COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK Private 4-Year $246,217,776 BOSTON UNIVERSITY Private 4-Year $236,752,269 DEPAUL UNIVERSITY Private 4-Year $231,615,141 DREXEL UNIVERSITY Private 4-Year $203,325,860 Top Twenty Five by Total Title IV Student Aid Proprietary Colleges Note that some proprietary colleges have multiple campuses, each listed separately with a different OPE ID. The totals in this table are by OPE ID. 2 UNIVERSITY OF PHOENIX Proprietary $4,258,862,240 DEVRY UNIVERSITY Proprietary $861,066,421 KAPLAN UNIVERSITY Proprietary $722,027,790 ASHFORD UNIVERSITY Proprietary $469,876,220 STRAYER UNIVERSITY Proprietary $433,982,623 WALDEN UNIVERSITY Proprietary $410,343,197 CAPELLA UNIVERSITY Proprietary $382,325,917 AMERICAN INTERCONTINENTAL UNIVERSITY Proprietary $341,304,515 COLORADO TECHNICAL UNIVERSITY Proprietary $320,227,379 GRAND CANYON UNIVERSITY Proprietary $292,708,477 ARGOSY UNIVERSITY Proprietary $268,363,244 KELLER GRADUATE SCHOOL OF MANAGEMENT Proprietary $250,419,290 KEISER UNIVERSITY Proprietary $182,727,796 VIRGINIA COLLEGE Proprietary $181,229,303 SOUTH UNIVERSITY Proprietary $180,495,875 ART INSTITUTE OF PITTSBURGH (THE) Proprietary $175,541,627 ACADEMY OF ART UNIVERSITY Proprietary $148,865,718 EVEREST UNIVERSITY Proprietary $135,883,221 WESTWOOD COLLEGE - DENVER NORTH Proprietary $131,710,252 BRYANT & STRATTON COLLEGE Proprietary $131,123,951 FULL SAIL UNIVERSITY Proprietary $124,739,491 UNIVERSAL TECHNICAL INSTITUTE Proprietary $119,687,132 ECPI COLLEGE OF TECHNOLOGY Proprietary $109,492,543 UNIVERSAL TECHNICAL INSTITUTE Proprietary $108,982,995 EVEREST UNIVERSITY Proprietary $106,470,830 1 Temple University is categorized in the US Department of Education data as a private 4-year college but is considered a public institution by the Commonwealth of Pennsylvania. 2 If totals were calculated for all campuses, the top twenty-five ranking of the following colleges with multiple campuses would be affected: The Art Institute, ATI College, Brown Mackie College, Everest College/University, Heald College, International Academy of Design and Technology, ITT Technical Institute, Kaplan College, Lincoln Technical Institute, Rasmussen College, Remington College, Sanford-Brown College, Universal Technical Institute, Vatterott College, and Westwood College.

3 Top Fifty Colleges by Total Title IV Student Aid (Total by OPE ID) UNIVERSITY OF PHOENIX Proprietary $4,258,862,240 DEVRY UNIVERSITY Proprietary $861,066,421 KAPLAN UNIVERSITY Proprietary $722,027,790 PENNSYLVANIA STATE UNIVERSITY (THE) Public 4-Year $549,308,028 NOVA SOUTHEASTERN UNIVERSITY-DAVIE Private 4-Year $504,535,730 NEW YORK UNIVERSITY Private 4-Year $482,619,178 ASHFORD UNIVERSITY Proprietary $469,876,220 STRAYER UNIVERSITY Proprietary $433,982,623 WALDEN UNIVERSITY Proprietary $410,343,197 CAPELLA UNIVERSITY Proprietary $382,325,917 UNIVERSITY OF SOUTHERN CALIFORNIA Private 4-Year $372,569,773 ARIZONA STATE UNIVERSITY Public 4-Year $345,160,609 AMERICAN INTERCONTINENTAL UNIVERSITY Proprietary $341,304,515 OHIO STATE UNIVERSITY Public 4-Year $334,284,955 MICHIGAN STATE UNIVERSITY Public 4-Year $326,902,002 COLORADO TECHNICAL UNIVERSITY Proprietary $320,227,379 UNIVERSITY OF MINNESOTA - TWIN CITIES Public 4-Year $304,511,998 TEMPLE UNIVERSITY Private 4-Year $301,813,356 GRAND CANYON UNIVERSITY Proprietary $292,708,477 LIBERTY UNIVERSITY Private 4-Year $282,783,684 UNIVERSITY OF PITTSBURGH - PITTSBURGH Public 4-Year $275,298,086 UNIVERSITY OF TEXAS - AUSTIN Public 4-Year $274,613,617 BAKER COLLEGE Private 4-Year $271,485,647 ARGOSY UNIVERSITY Proprietary $268,363,244 RUTGERS; THE STATE UNIVERSITY OF NEW JERSEY Public 4-Year $263,551,000 KELLER GRADUATE SCHOOL OF MANAGEMENT Proprietary $250,419,290 COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK Private 4-Year $246,217,776 UNIVERSITY OF MICHIGAN Public 4-Year $244,417,437 UNIVERSITY OF SOUTH FLORIDA Public 4-Year $242,701,344 INDIANA UNIVERSITY - PURDUE UNIVERSITY INDIANAPOLIS Public 4-Year $240,611,095 UNIVERSITY OF FLORIDA Public 4-Year $239,519,692 UNIVERSITY OF CALIFORNIA LOS ANGELES Public 4-Year $239,096,374 UNIVERSITY OF CINCINNATI Public 4-Year $237,294,520 BOSTON UNIVERSITY Private 4-Year $236,752,269 DEPAUL UNIVERSITY Private 4-Year $231,615,141 WAYNE STATE UNIVERSITY Public 4-Year $219,903,815 UNIVERSITY OF ILLINOIS AT CHICAGO Public 4-Year $209,625,445 FLORIDA STATE UNIVERSITY Public 4-Year $209,485,335 UNIVERSITY OF ILLINOIS AT URBANA-CHAMPAIGN Public 4-Year $209,049,411 KENT STATE UNIVERSITY Public 4-Year $208,375,108 INDIANA UNIVERSITY - BLOOMINGTON Public 4-Year $207,529,049 UNIVERSITY OF WASHINGTON Public 4-Year $205,048,389 DREXEL UNIVERSITY Private 4-Year $203,325,860 GEORGE WASHINGTON UNIVERSITY Private 4-Year $202,671,973 TROY UNIVERSITY Public 4-Year $197,278,153 VIRGINIA COMMONWEALTH UNIVERSITY Public 4-Year $194,757,457 WEST VIRGINIA UNIVERSITY Public 4-Year $194,675,323 GEORGETOWN UNIVERSITY Private 4-Year $190,485,469 UNIVERSITY OF IOWA Public 4-Year $188,712,469 UNIVERSITY OF TENNESSEE Public 4-Year $185,533,853

4 Top Ten Colleges by Direct Loan Program Volume Type & Control Total DL PENNSYLVANIA STATE UNIVERSITY (THE) Public 4-Year $483,546,337 MICHIGAN STATE UNIVERSITY Public 4-Year $295,865,184 ARIZONA STATE UNIVERSITY Public 4-Year $295,472,245 OHIO STATE UNIVERSITY Public 4-Year $293,454,117 UNIVERSITY OF MINNESOTA - TWIN CITIES Public 4-Year $278,431,554 UNIVERSITY OF MICHIGAN Public 4-Year $224,740,127 BOSTON UNIVERSITY Private 4-Year $222,943,137 INDIANA UNIVERSITY - PURDUE UNIVERSITY INDIANAPOLIS Public 4-Year $218,822,673 RUTGERS; THE STATE UNIVERSITY OF NEW JERSEY Public 4-Year $216,226,988 DEPAUL UNIVERSITY Private 4-Year $214,158,327 Top Ten Colleges by FFEL Program Volume Type & Control Total FFEL UNIVERSITY OF PHOENIX Proprietary $3,593,080,393 DEVRY UNIVERSITY Proprietary $736,370,586 KAPLAN UNIVERSITY Proprietary $535,539,992 NOVA SOUTHEASTERN UNIVERSITY-DAVIE Private 4-Year $493,517,526 NEW YORK UNIVERSITY Private 4-Year $450,656,899 WALDEN UNIVERSITY Proprietary $390,598,668 ASHFORD UNIVERSITY Proprietary $389,521,166 CAPELLA UNIVERSITY Proprietary $377,936,515 STRAYER UNIVERSITY Proprietary $370,040,392 UNIVERSITY OF SOUTHERN CALIFORNIA Private 4-Year $353,592,806 Top Ten Colleges with 100% of Aid from Loans KELLER GRADUATE SCHOOL OF MANAGEMENT Proprietary $250,419,290 ROSS UNIVERSITY, SCHOOL OF MEDICINE Public 4-Year $164,730,579 ST GEORGE'S UNIVERSITY, SCHOOL OF MEDICINE Public 4-Year $96,882,614 WESTERN UNIVERSITY OF HEALTH SCIENCES Private 4-Year $83,118,629 LAKE ERIE COLLEGE OF OSTEOPATHIC MEDICINE Private 4-Year $69,576,014 AMERICAN UNIVERSITY OF THE CARIBBEAN Public 4-Year $54,368,037 ROSS UNIVERSITY SCHOOL OF VETERINARY MEDICINE Public 4-Year $53,851,043 DES MOINES UNIVERSITY - OSTEOPATHIC MEDICAL CENTER Private 4-Year $47,936,505 KANSAS CITY UNIVERSITY OF MEDICINE AND BIOSCIENCES Private 4-Year $46,939,968 UNIVERSIDAD AUTONOMA DE GUADALAJARA Private 4-Year $37,365,959 Top Ten Colleges with 100% of Aid from Grants Total Title IV Aid UNIVERSITY OF PUERTO RICO - MAYAGUEZ $34,264,060 UNIVERSITY OF PUERTO RICO - RIO PIEDRAS $31,896,881 MIAMI DADE COLLEGE - KENDALL CAMPUS $26,121,304 MIAMI DADE COLLEGE - NORTH CAMPUS $23,593,687 INTER AMERICAN UNIVERSITY OF PUERTO RICO - PONCE CAMPUS $20,665,589 INTER AMERICAN UNIVERSITY OF PUERTO RICO - METROPOLITAN CAMPUS $19,084,069 INTER AMERICAN UNIVERSITY OF PUERTO RICO - BAYAMON CAMPUS $17,989,027 INTER AMERICAN UNIVERSITY OF PUERTO RICO - ARECIBO CAMPUS $16,408,740 INTER AMERICAN UNIVERSITY OF PUERTO RICO - SAN GERMAN CAMPUS $16,087,442 MIAMI DADE COLLEGE - WOLFSON CAMPUS $15,327,962

5 Top Ten Colleges by Pell Grant Program Funding Type & Control Pell Grant UNIVERSITY OF PHOENIX Proprietary $656,687,993 KAPLAN UNIVERSITY Proprietary $115,131,140 DEVRY UNIVERSITY Proprietary $105,215,011 ASHFORD UNIVERSITY Proprietary $79,461,099 INSTITUTO DE BANCA Y COMERCIO Proprietary $65,460,284 BAKER COLLEGE Private 4-Year $56,937,570 PENNSYLVANIA STATE UNIVERSITY (THE) Public 4-Year $51,838,536 AMERICAN INTERCONTINENTAL UNIVERSITY Proprietary $50,674,855 VIRGINIA COLLEGE Proprietary $50,459,538 UNIVERSIDAD DEL TURABO Private 4-Year $47,783,857 Top Ten Colleges by Academic Competitiveness Grant Program Funding Type & Control AC Grant PENNSYLVANIA STATE UNIVERSITY (THE) Public 4-Year $3,204,805 UNIVERSITY OF FLORIDA Public 4-Year $1,850,620 CALIFORNIA STATE UNIVERSITY NORTHRIDGE Public 4-Year $1,666,775 UNIVERSITY OF CALIFORNIA; SAN DIEGO Public 4-Year $1,623,071 UNIVERSITY OF TEXAS - AUSTIN Public 4-Year $1,593,053 OHIO STATE UNIVERSITY Public 4-Year $1,543,207 CALIFORNIA STATE UNIVERSITY; LONG BEACH Public 4-Year $1,535,217 UNIVERSITY OF CALIFORNIA RIVERSIDE Public 4-Year $1,528,362 MICHIGAN STATE UNIVERSITY Public 4-Year $1,479,961 UNIVERSITY OF TEXAS - PAN AMERICAN Public 4-Year $1,443,000 Top Ten Colleges by National SMART Grant Program Funding Type & Control SMART Grant UNIVERSITY OF PHOENIX Proprietary $4,359,947 BRIGHAM YOUNG UNIVERSITY Private 4-Year $3,997,637 DEVRY UNIVERSITY Proprietary $3,023,581 UNIVERSITY OF CALIFORNIA; SAN DIEGO Public 4-Year $2,828,262 UNIVERSITY OF PUERTO RICO - MAYAGUEZ $2,713,641 UNIVERSITY OF CALIFORNIA; LOS ANGELES Public 4-Year $2,520,486 PENNSYLVANIA STATE UNIVERSITY (THE) Public 4-Year $2,408,841 UNIVERSITY OF CALIFORNIA; BERKELEY Public 4-Year $2,289,109 UNIVERSITY OF CALIFORNIA; DAVIS Public 4-Year $2,141,998 UNIVERSITY OF WASHINGTON Public 4-Year $2,129,128

6 Top Ten Colleges by TEACH Grant Program Funding Type & Control TEACH Grant ARIZONA STATE UNIVERSITY Public 4-Year $1,116,836 STATE UNIVERSITY OF NEW YORK COLLEGE AT CORTLAND Public 4-Year $896,501 STATE UNIVERSITY OF NEW YORK COLLEGE AT POTSDAM Public 4-Year $877,248 HARDING UNIVERSITY Private 4-Year $834,643 UNIVERSITY OF TEXAS AT EL PASO Public 4-Year $724,249 GRAND CANYON UNIVERSITY Proprietary $710,000 PORTLAND STATE UNIVERSITY Public 4-Year $697,815 SUNY AT FREDONIA Public 4-Year $620,000 UNIVERSITY OF NORTHERN IOWA Public 4-Year $608,307 STONEHILL COLLEGE Private 4-Year $556,000 Top Ten Colleges by Federal Work-Study Program Funding Type & Control FWS NEW YORK UNIVERSITY Private 4-Year $10,326,936 CUNY CITY UNIVERSITY OF NEW YORK - CENTRAL Public 4-Year $8,226,710 COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK Private 4-Year $6,195,596 UNIVERSITY OF SOUTHERN CALIFORNIA Private 4-Year $6,001,493 BOSTON UNIVERSITY Private 4-Year $5,005,490 UNIVERSITY OF MICHIGAN Public 4-Year $4,714,028 DEVRY UNIVERSITY Proprietary $4,709,773 UNIVERSITY OF PENNSYLVANIA Private 4-Year $4,681,531 NORTHWESTERN UNIVERSITY Private 4-Year $4,500,000 INTER AMERICAN UNIVERSITY OF PUERTO RICO Private 4-Year $4,245,772 Top Ten Colleges by FSEOG Program Funding Type & Control FSEOG CUNY CITY UNIVERSITY OF NEW YORK - CENTRAL Public 4-Year $7,845,025 DEVRY UNIVERSITY Proprietary $6,217,846 PENNSYLVANIA STATE UNIVERSITY (THE) Public 4-Year $4,397,525 UNIVERSITY OF PHOENIX Proprietary $3,690,882 INTER AMERICAN UNIVERSITY OF PUERTO RICO Private 4-Year $3,500,740 AMERICAN INTERCONTINENTAL UNIVERSITY Proprietary $3,477,186 NORTHEASTERN UNIVERSITY Private 4-Year $3,097,590 NEW YORK UNIVERSITY Private 4-Year $2,944,030 UNIVERSITY OF WISCONSIN - MADISON Public 4-Year $2,587,823 UNIVERSITY OF PENNSYLVANIA Private 4-Year $2,411,799

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