As price of college rises, so does federal aid

Published



WASHINGTON (AP) — With college costs continuing to rise, more students are receiving federal financial aid, though state and institutional aid remains largely flat

Data released Tuesday by the National Center for Education Statistics, a branch of the U.S. Department of Education, shows 71 percent of all undergraduate students received some type of financial aid in the 2011-12 school year, up from 66 percent four years earlier.

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