U.S. Department of Education

The following reports show the total number of FAFSAs submitted by award year. FAFSA Data by Postsecondary School indicates the number of FAFSAs that were sent to each school and FAFSA Data by State show the number of applications by state of legal residence.

The office of Federal Student Aid delivers aid to students through loan, grant, and work-study programs. These reports provide recipient and volume data by program for each school participating in the Title IV programs.

Section 498(c) of the Higher Education Act of 1965, as amended, requires for-profit and non-profit institutions to annually submit audited financial statements to the Department to demonstrate they are maintaining the standards of financial responsibility necessary to participate in the Title IV programs. One of many standards, which the Department utilizes to gauge the financial responsibility of an institution, is a composite of three ratios derived from an institution's audited financial statements. The three ratios are a primary reserve ratio, an equity ratio, and a net income ratio. These ratios gauge the fundamental elements of the financial health of an institution, not the educational quality of an institution.

Section 487(d)(4) of the Higher Education Act of 1965 (HEA), as amended, requires the Secretary to annually submit a report to Congress containing information regarding the amount and percentage of each proprietary institution's revenues from Title IV sources and non-Title IV sources as provided by the institution in its audited financial statements. The reports are sent to the Chairmen and Ranking Members of the corresponding House and Senate authorizing committees. Below, you can access the 90/10 transmittal letters, summary charts and reports for institutions with fiscal years ending in the corresponding award year.

Federal student loans are borrowed funds that must be repaid with interest. Failure to repay a loan can result in default. The reports below show default rates for the federal student loan programs.