FIRST-TIME FRESHMEN - FALL Parental Education and Income

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FIRST-TIME FRESHMEN - FALL

Parental Education and Income as Self-Reported by Parents on Financial Aid (FAFSA) Forms

PARENTAL EDUCATION

Father completed college*

Mother completed college*

Both parents completed college*

2011

56%

64%

46%

2012

53%

66%

43%

2013

56%

65%

46%

At least one parent completed college* 29% 32% 29%

No data available 1% 1% 5%

* FAFSA form does not supply a definition; could include completion of less than 4 year degree.

2014

62%

61%

44%

34%

3%

Education Level of Parents of First-Time Freshmen

100%

80%

60%

40%

20%

0%

Father completed college*

Mother completed college*

Both parents completed college*

At least one parent completed college*

2011 2012 2013 2014 2015

2015

65%

55%

45%

31%

0%

PARENTAL INCOME

$100,000 or more

$75,000 to $99,999

$50,000 to $74,999

$25,000 to $49,999

$10,000 to $24,999

Less than $10,000

Not Available

Median Income

2011

40%

17%

16%

16%

6%

1%

3%

2012

39%

16%

18%

13%

6%

3%

4%

2013

42%

20%

16%

13%

6%

2%

2%

2014

43%

20%

17%

12%

3%

1%

2%

2015

45%

19%

17%

10%

5%

3%

2%

$98,678 $86,669 $90,965 $92,043 $95,311

Parental Income For First-Time Freshmen by Income Category by Year

50%

40%

30%

20%

10%

0%

$100,000 or more

$75,000 to $99,999

$50,000 to $74,999

$25,000 to $49,999

$10,000 to $24,999

Less than $10,000

2011 2012 2013 2014 2015

Median Parental Income by Year

$100,000

$95,000

$90,000

$85,000

$80,000

$75,000

$70,000

2011 2012 2013 2014 2015

Data Source: FAFSA Form, Financial Aid ONU Fact Book 2015-16

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