American Colleges

College Search: Student Financial Aid

  • In 2006, the total amount of financial aid available from federal, state, and institutional sources to postsecondary students is over $100 billion.
  • A majority of all students enrolled in higher education receive some type of financial assistance.
  • Federal student aid remains the largest source of funding.
  • Not long ago the majority of federal financial assistance was grants. Today, a greater amount of financial aid is from loan money.

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