National Student Aid Profile

2024 Student Aid Profile

As college costs continue to rise, a growing number of Americans depend on federal student financial assistance programs to afford postsecondary education. Despite the demonstrable and increasingly important role of federal student aid, many Americans are unfamiliar with Title IV programs and their application processes. Simultaneously, Congress debates the best ways to reform and strengthen the federal aid programs. It is essential for both Congress and the public to have a comprehensive understanding of federal financial aid programs and the students they support.
 
In an effort to increase knowledge of these vital programs, NASFAA provides the National Student Aid Profile, updated annually.
 

The National Profile provides detailed information about each of the programs authorized under Title IV of the HEA, including:

  • Descriptions of the federal student aid programs;
  • Updated data on the number of recipients, total volume of awards, and average aid amount for each program;
  • Recent trends in federal appropriations for the Title IV programs;
  • Income levels of students and families who receive aid; and
  • A description of the federal student aid application process.

Publication Date: 8/19/2024


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