New Data on Postsecondary Graduation Rates, Outcome Measures, Student Financial Aid, and Admissions.

About 23 percent of full-time, first-time students who enrolled in 2-year institutions in 2018 graduated within two years (100 percent of normal time), according to new postsecondary data. However, that rate jumped to 41 percent when the time for graduation was extended to four years (200 percent of normal time).  The National Center for Education Statistics released a set of web tables today (December 7) that contains data on Graduation Rates for Selected Cohorts, 2014-19; Outcome Measures for cohort year 2014-15; Student Financial Aid in Postsecondary Institutions, Academic Year 2021-22; and Admissions in Postsecondary Institutions, fall 2022. Other findings include: Approximately 65 percent of full-time, first-time students enrolled in 2016 at 4-year institutions who were seeking a bachelor’s or equivalent degree completed a bachelor’s or equivalent degree within 6 years at the institution where they began their studies; Among full-time, first-time students who enrolled in 2018 at less-than 2-year institutions, about 40 percent graduated within 100 percent of the normal time. When that time span was extended to within 200 percent, the graduation rate rose to nearly 70 percent; Among full-time, first-time degree/certificate-seeking undergraduate students in the adjusted cohort, approximately 490,000 (45 percent) of the 1.1 million who received a Pell Grant within their entering year completed an award, while 221,000 (63 percent) of the 354,000 who received a Direct Subsidized Loan but not a Pell Grant within their entering year completed an award, and 688,000 (61 percent) of the 1.1 million receiving neither a Pell Grant or a Direct Subsidized Loan within their entering year completed an award.  The entering year would be 2016 for students enrolled at a 4-year institution and 2019 for those students at 2-year institutions and they are considered completing an award if earned within 150% of the normal time of their program; Among full-time, first-time degree/certificate-seeking undergraduate students awarded any grant aid, differences in average cost of attendance and net price of attendance for the 2021–22 academic year varied by institutional sector. For those attending public 4‑year institutions, average cost was approximately $21,200 and net price was about $13,200; for those attending private nonprofit 4-year institutions, average cost was roughly $45,100 and net price was about $23,400; and for those attending private for-profit 4-year institutions, average cost was approximately $33,200 and net price was about $26,400; For cohort year 2014, the percentage of undergraduate students enrolled full-time—but not for the first time—who completed an award within 8 years after entering the institution differed from the percentage of full-time, first-time undergraduate students who completed an award at the same institution, by institutional control and level. For example, at 4-year public institutions, approximately 65 percent of full-time, non-first-time students completed an award, compared with about 60 percent of full-time, first-time students; The 1,970 Title IV institutions that do not have an open admissions policy received approximately 13.1 million applications for fall 2022 admission. About 7.7 million of these applications resulted in admission, and around 1.6 million students enrolled. To view these tables and the corresponding data release memo, please visit https://nces.ed.gov/ipeds/use-the-data/survey-components