How Do Most People Pay for College?
BestColleges
DECEMBER 22, 2022
In 2019-2020, just over half of first-time, full-time undergraduates (52%) received college grant money from the federal government. [3]. Almost half (49%) received a grant from their college. 41% borrowed federal student loans. About one-third (35%) received a state or local grant. Scholarships and Grants.
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