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The U.S. Department of Education’s statistical branch published the report, which is titled “Undergraduate Financial Aid Estimates for 12 States: 2003-4.
The report is “the latest in a series of analyses based on the 2003-4 National Postsecondary Student Aid Study,” the article said. Recent information in the study features “student aid available for public two- and four-year colleges and universities, as well as four-year private nonprofit institutions.” Twelve states are highlighted in the report, including their undergraduate tuition price. Of those 12 states, California, Illinois, New York and Texas all have “especially large enrollments,” the article said.
New York Undergraduates Receive High Amount of Aid
For 2003-04, the report said, the amount of in-state undergraduates in New York receiving financial aid roughly was three-fourths, “a share that was the second-highest among the states in the report,” Woo wrote. In comparison, the percentage of undergraduates in California who took out student loans or received grants only was 39, “the lowest proportion among the 12 states,” the article said. In 2003-04, financial aid was received by approximately 60 percent of all U.S. undergraduates.
Georgia Students Receive the Least Amount of Aid
According to the report and noted in Woo’s article, financial aid was received by a higher proportion of New York’s undergraduates along with greater amounts of money received. The average financial aid amount received by an undergraduate in New York was $8,300, according to the report and stated in Woo’s article. An undergraduate in California, in contrast, received an average of $6,100. In Texas undergraduates received an average of $6,000. Georgia undergraduates received the lowest amount among the 12 states in the report, with an average of $4,800. The average amount of financial aid received nationwide by undergraduates was $6,600.
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Published on June 1, 2009 · Filed under: Financial Aid; Tagged as: free college money, Grant Money, Student Loans, Undergraduate Financial Aid







