TODAY   |  August 20, 2013

More students than ever receiving financial aid

Data released this morning from the U.S. Department of Education shows that more students are receiving financial aid than ever before, with numbers up 28 percent in the last four years alone.

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This content comes from Closed Captioning that was broadcast along with this program.

>> federal grants in the 2011 , 2012 school year. that's up from 28% from 4 years ago and 40% received federal loans. that's an increase of 5%. state and institutional aid remains flat.