States offered other types of non-grant aid — mostly loans and tuition waivers, but also loan assumptions, conditional grants, work-study and tuition waivers collectively in the form of $1.7 billion.
South Carolina, Washington, D.C., Indiana, Georgia and New York provided the greatest amount of grant aid on a per capita basis and were the largest providers of aid per capita for students between the ages of 18-24.
States awarded graduate students financial aid mostly in the form of tuition waivers, need-based, and non-need-based grants.
Cargill, who is also the director of Financial Aid Delivery and Operations for the Vermont Student Assistance Corporation, said the survey is the only of its kind “and is used by respected researchers nationwide as the definitive source of state-funded student aid.”
For many students, these state funds, usually in the form of grants, have become the only way they can obtain higher education when combined with federal, institutional funds and private funds, according to NASSGAP.
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