College aid unawareness hurting Latinos

March 31, 2004 at 10:43 PM
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RESTON, Va., March 31 (UPI) -- Latino students and parents are unaware of financial aid options, which is hurting Latino college attendance, a University of Southern California study finds.

The study by the Tomás Rivera Policy Institute at USC, commissioned by The Sallie Mae Fund, shows three-quarters of Latino high-school graduates who chose not to attend college would have been more likely to attend with better financial aid information.

Seventy-seven percent of Latinos attending college were at least familiar with some financial aid options, compared with 50 percent of non-attendees with high school diplomas.

Forty-three percent of Latino young adults and 51 percent of Latino parents did not know of a single source of college financial aid, compared with 18 percent for all young adults and 19 percent for all parents.

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