Grants have been critical for Latinos paying for college. In 2003-04, half of Latinos received grants, while less than one-third received loans (30%). However, the average loan amounts Latinos received ($5,620) were higher than the grant amounts they received ($3,810).
Emerging Hispanic-Serving Institutions (HSIs): 2010-11
The defining characteristic of HSIs is their Hispanic enrollment, not their institutional mission. While there were 311 institutions that met the HSI enrollment criteria in 2010-2011, there were also 242 institutions that had between 15 and 24 percent undergraduate full-time equivalent Hispanic
enrollment. These institutions are identified as emerging HSIs.
While emerging HSIs do not have the critical mass of Latino student enrollment required to meet the definition of an HSI, these institutions may soon meet the criteria as their enrollment grows and Latino representation increases.
How Latino Students Pay for College: Patterns of Financial Aid (2003-04), Excelencia in Education and the Institute for Higher Education Policy, 2005