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Although more Latino students are receiving federal aid for college than ever before, they still get fewer dollars than their counterparts from other racial and ethnic groups, according to a report.
Released Aug. 9 by the advocacy group Excelensia in 91ÖÆƬ³§ÊÓƵ and the Institute for Higher 91ÖÆƬ³§ÊÓƵ Policy, both based in Washington, the report says that in 2003-04, Latino students received an average financial-aid award of $6,250, compared with a national average of $6,890. Asian students received the highest average award, $7,260; white students received an average of $6,955; and African-American students an average of $6,933, according to the study. It relied on data from the National Post-secondary Student Aid Survey for 2003-04, conducted by the National Center for 91ÖÆƬ³§ÊÓƵ Statistics of the U.S. Department of 91ÖÆƬ³§ÊÓƵ.
After black and Native American students, Latinos are the most likely to apply for financial aid, the report says. In 2003-04, nearly 80 percent Latino students applied for federal college aid, and 63 percent received some form of such aid.