What are the latest statistics on financial aid for college students?
As of the 2022-2023 academic year, about 85% of undergraduate students received some form of financial aid.
What types of financial aid are most commonly awarded?
The most common types of financial aid include federal grants, scholarships, work-study programs, and student loans.
How has financial aid changed over the past decade?
Over the past decade, financial aid has increased significantly, with more students receiving grants and scholarships.
Are there specific demographics that benefit more from financial aid?
Yes, low-income students, first-generation college students, and underrepresented minorities tend to benefit more from financial aid.
Where can I find more detailed financial aid statistics?
You can find detailed financial aid statistics on the National Center for Education Statistics (NCES) website.
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