Grant, but the SMART grant was abolished in 2011 with the last grant awarded in June 2011. In order to receive one of these grants a student must be eligible for the Pell Grant, meet specific academic requirements, and be a US citizen. Eligibility for work study programs is also determined by information collected on the student's FAFSA. Many companies offer tuition reimbursement plans for their employees, to make benefits package more attractive, to upgrade the skill levels and to increase retention. In 2012, total student loans exceeded consumer credit card debt for the first time in history. In late 2016, the total estimated US student loan debt exceeded $1.4 trillion. Student loans can be divided into two categories: federal student loans and private student loans. Federal student loans may be: subsidized Stafford Loans unsubsidized Stafford Loans Direct Loans PLUS Loans A student's eligibility for any of these loans, as well as the amount of the loan itself is determined by information on the student's FAFSA. The former Federal Perkins Loan program expired in 2017. Statistics US educational statistics are provided by the National Center for Education Statistics (NCES), part of the Department of Education. The number of Title IV-eligible, degree-granting institutions peaked at 4,726 in 2012, with 4-year institutions numbering at 3,026 and 2-year institutions at 1,700. Enrollment at postsecondary institutions, participating in Title IV, peaked at just over 21 million students in 2010. Demographic wise, on average, whites constitute the highest percentage of enrollments in US higher educational institutions. The National Center for Education Statistics (NCES) and the National Student Clearinghouse show that college enrollment has declined since a peak in 2010–11, and is projected to continue declining or be stagnant for the next two decades. A US Department of Education longitudinal survey of 15,000 high school students in 2002 and 2012, found that 84% of the 27-year-old students had some college education, but only 34% achieved a bachelor's degree or higher; 79% owe some money for college and 55% owe more than $10,000; college dropouts were three times more likely to be unemployed than those who finished college; 40% spent some time unemployed and 23% were unemployed for six months or more; and 79% earned less than $40,000 per year. Declining enrollment, mergers, and campus closures Falling birth rates result in fewer people graduating from high school. The number of high school graduates grew 30% from 1995