N.J. college students get $2.9 billion in aid
New Jersey college students received more than $2.9 billion in financial aid in the 2012-13 school year, according to new data the state released this week.
New Jersey college students received more than $2.9 billion in financial aid in the 2012-13 school year, according to information the state released this week.
Students at the then-12 public four-year colleges and universities received $1,358,414,000, the state said. (The University of Medicine and Dentistry of New Jersey has since been dismantled and subsumed into Rutgers University and Rowan University.)
Community college students received $469,941,000, and those at private non-profit schools — including Princeton University and Rider University — received $1,015,299,000. Students at for-profit schools, including DeVry University and the University of Phoenix, received $106,658,000.
In total, New Jersey students received $2,950,312,000.
The Office of the Secretary of Higher Education posted the 2012-13 financial aid information to its data page Tuesday.
Federal sources accounted for $1,757,113,000 of the aid, including both grants and loans.
Schools' institutional aid made up $760,640,000 of the money, largely in the form of grants.
State aid provided $450,559,000.