2010 College Financial Aid Breakdown

Most students need help paying for college, but where does financial aid come from and how do you get it? Billions of dollars are used to finance higher education each year; in 2009-10 alone, $199.2 billion was awarded to students in the form of grants, in addition to another $8.5 billion in state and private loans. Want to see some numbers? Here’s a breakdown of college financial aid: where it comes from, where it goes and all the other details.
March 18, 2011
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Most students need help paying for college, but where does financial aid come from and how do you get it? Billions of dollars are used to finance higher education each year; in 2009-10 alone, $199.2 billion was awarded to students in the form of grants, in addition to another $8.5 billion in state and private loans. Want to see some numbers? Here’s a breakdown of college financial aid: where it comes from, where it goes and all the other details.

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