Institutional Research

CIRP Survey: Paying for College

 
          CIRP Freshman Survey
Table 4C: Paying for College
  Miami University - Historical Trends   Current Results: 2013
2009 2010 2011 2012   Miami University Public Universities - High Selectivity
Do you have any concern about your ability to finance your college education?
  None (I am confident that I will have sufficient funds)
45.7% 50.0% 47.7% 49.2%   52.2% 41.1%
Some (but I probably will have enough funds) 48.7% 44.8% 45.9% 45.9%   42.4% 50.1%
Major (not sure I will have enough funds to complete college) 5.6% 5.2% 6.4% 4.9%   5.4% 8.8%
Mean 1.60 1.55 1.59 1.56   1.53 1.68
Standard deviation 0.59 0.59 0.61 0.59   0.60 0.63
How much of your first year’s educational expenses (room, board, tuition, and fees) do you expect to cover from family resources (parents, relatives, spouse, etc.)?
   None
8.1% 8.3% 5.4% 6.3%   6.5% NA
Less than $1,000 5.3% 4.9% 4.1% 3.2%   2.9% NA
$1,000 - $2,999 7.0% 6.3% 5.8% 5.7%   6.1% NA
$3,000 - $5,999 7.4% 8.2% 7.4% 7.5%   8.5% NA
$6,000 - $9,999 9.9% 10.7% 10.1% 9.1%   10.5% NA
$10,000 + 62.3% 61.7% 67.1% 68.1%   65.5% NA
What is your best guess as to the chances that you will get a job to help pay for college expenses?
  Very good chance
42.0% NA 38.6% 40.9%   39.3% 42.6%
Some chance 33.2% NA 34.3% 35.3%   35.2% 35.7%
Very little chance 16.6% NA 18.1% 16.3%   17.4% 15.7%
No chance 8.2% NA 9.0% 7.5%   8.1% 6.1%
Mean 3.09 NA 3.02 3.10   3.06 3.15
Standard deviation 0.95 NA 0.96 0.93   0.94 0.90
How important was the following reason in your decision to come here?

I was offered financial assistance
  Very important
31.6% NA 32.2% 36.7%   39.8% 30.6%
Somewhat important 28.8% NA 32.1% 30.3%   26.6% 24.1%
Not important 39.6% NA 35.7% 33.0%   33.6% 45.3%
Mean 1.92 NA 1.97 2.04   2.06 1.85
Standard deviation 0.84 NA 0.82 0.83   0.85 0.86

 

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