Financial Aid such as scholarships, grants and student loans helps students and their parents to join colleges that they desire. Especially, as economy is down, the financial aid plays more important role for both college and students. Most colleges in US has own financial aid method and State or Government also have it. It may be not a good way but the student loan helps students to design their dream.
Here, we analyze and calculate average amount of financial aid by State. The average amount means estimated amount that a student gets from any kind of financial aid The financial aid includes scholarships form any source, federal, pell, local, or institutional grants, and students loans. Last year, the average amount of financial aid for all colleges (all states) was $ 8,793.
