Latinos received the lowest average financial aid award of any racial/ethnic group. The average total aid award for all undergraduates in 2003-04 was $6,890. Asians received the highest average financial aid awards to pay for college ($7,620) while Latinos received the lowest ($6,250). This pattern has not changed since 1995-96.
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Fast Facts
How Latino Students Pay for College: Patterns of Financial Aid (2003-04), Excelencia in Education and the Institute for Higher Education Policy, 2005

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