In 2003-04, Latinos were more likely to receive federal aid (50%) than the combination of all racial/ethnic groups (46%). Only African American students were more likely to receive this aid (62%). However, Latinos received the lowest average federal aid awards of any racial/ethnic group. The average federal aid award for Latinos was $5,415, while the average was $6,230 for whites, $6,145 for blacks, and $5,995 for Asians it was $5,995.
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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
