the U.S. Census Website
11 Million College Students Receive Financial Aid
About 11.2 million college students, or more than half, received
some form of financial aid from outside their families to help
pay for their education, according to tabulations released today
by the U.S. Census Bureau.
These tabulations, Financing the Future: 2001-2002, provide
information on the characteristics of postsecondary students
and the costs and financing associated with their schooling
during the 2001-2002 academic year. Data are presented on types
of costs, patterns of financial aid received, the extent to
which the aid covers costs and the characteristics of the institutions
attended all shown by students demographic and
socioeconomic characteristics. Some tables also illustrate how
much the receipt of aid and coverage of costs vary by institutional
tuition, book costs and room and board averaged $10,560 for
full-time students. Cost increased to $13,699 for full-time
average amount of aid received by full-time students was $6,291.
Full-time graduate students received an average of $12,081.