The state financial aid totals continued to grow during the 2019-20 academic year, just before state budgets and family income were made by the Covid-19 pandemia, in accordance with the latest report of the National Association of Subsidy programs and state student aid.

States awarded around $ 14.8 billion in financial aid during the 2019-20 academic year, according to the NASSGAP report. That total reflects a nominal increase of 4.5 percent at $ 14.1 billion in financial aid granted during the 2018-19 academic year, or an increase of 2.6 percent in constant dollars and adjusted for inflation.

Most of that total-87 percentage, was delivered to students through grants, which do not need to be reimbursed. The States divided 4.2 million subsidies in the academic year 2019-20, with a total of $ 12.9 billion in grant aid, showed the report. The states paid another $ 1.8 billion into a help without grant, approximately half of which took the form of enrollment exemptions. Loans, loan assumptions, conditional subsidies and work study are the rest of that total.

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    Helps based on The need for undergraduate students increased by $ 400 million during the 2019-20 academic year, amounting to $ 9.3 billion.

    "This year was a relatively large increase," said Frank Ballmann, Director of Federal Relations at Nasssgap. "I can not leave me too much, because two years before we had our greatest increase in the last decade, but it is a healthy increase and spread in a few states."

    eight states-california, Illinois, New Jersey, New York, Pennsylvania, Texas, Virginia and Washington, granted more than two-thirds of the total grant aid based on the national need during the academic year 2019-20, amounting to $ 6.3 billion between them. California led the package, distributing $ 2.4 billion in grant aid based on the need that year. googleg.cmd.push (function () googleg.display ("dfp-ad-article_in_article"););

    Georgia, Louisiana, South Carolina, Tennessee and Virginia provided as many gap per capita, the states of the report. Meanwhile, Georgia, Louisiana, New Jersey, South Carolina and Tennessee provided the highest graduate grant support compared to full-time undergraduate registration.

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    "The type of states has strongly invested in ... The objectives like 'X percent of adults have titles or certificates for a certain age or for a given year, "Ballmann said." These states are realizing that the way to move the needle is to invest in grant aid based on needs, already which is where there is getting incremental increases in students who attend and, hopefully, graduate from college. "

    Katie Harrison, president of Nassgap, echoed Ballmann's thoughts in A statement.

    "By increasing your investments in student aid programs, l The States are demonstrating their commitment to support cardiac students and their families, and to address the current and future workforce. You need, "she wrote.

    The Covid-19 pandemia, which has significantly impacted the state outbreak

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