6 ms·
Financial aid = loans. They get the opportunity to take out more loans, the poorer their parents are. I got a small pell grant a few years, but most of my coll
by briffle 3y ago
Financial aid = loans.
They get the opportunity to take out more loans, the poorer their parents are. I got a small pell grant a few years, but most of my college was all loans from the student aid office.
- dragonwriter 3y ago> Financial aid = loans. Financial aid also includes grants, both school-issued and outside (public and private), and it includes both merit-based aid and need-based aid.
- tekla 3y agoUh no, scholarships are counted under FA. I was given a 75% scholarship under FA. Smarter peers than me were granted full rides under FA scholarship since their family income was so low.
- cpitman 3y agoYou're right that there are some loans included in that number, but it looks like it is not even half of it: "27% of students received Federal Student Loans averaging $4,835 and 10% of undergrads took out private student loans averaging $11,058."