Monday, September 2, 2013

Students get financial aid at highest rate since WWII

Students get financial aid at highest rate since WWII

Most of the increase in student aid is coming from federal sources. Last year, 57% of undergraduates received some form of federal aid, including grants, loans and work-study funds, up from 47% four years earlier. Over the same period, the percentage of undergraduates receiving state aid or help from their college remained relatively flat, at 15% and 21%, respectively.