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Campus Finance Briefs

It’s Official: Students Need Financial Aid

University Business, April 2012

A new analysis of U.S. Department of Education data by the National Association of Independent Colleges and Universities quantifies the reliance on federal student aid by students in every state and congressional district.

NAICU analyzed the most recently available Education Department data to determine the distribution of federal student aid in every area of the United States in the 2011-12 academic year. For each state and congressional district, NAICU calculated the number of awards and total dollar amounts distributed through Pell Grants, the campus-based programs (SEOG, Federal Work-Study, and Perkins Loans), and federal loans. Data are for students at all institutions of higher education (public, private, nonprofit, for-profit; four-year, two-year, and less than two-year) that participate in the federal student aid programs.