June 27, 2008

States Spend More on Student Aid

By ERIC KELDERMAN

Need-based grants lag behind loans

State spending on student aid picked up in the 2006-7 academic year, after its growth slowed the year before, according to an annual report released this week by the National Association of State Student Grant and Aid Programs.

But the increases were not equal among all types of programs, with state money for loans and for grants that are awarded on the basis of non-need-based criteria, such as academic merit, continuing to grow at a faster

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