“Last year, the average full-time, undergraduate student received $13,218 in student aid. Since the total bill mounted to $21,447 to study and live on campus at the average public university, that aid was a big help. … Justin Draeger, the president and CEO for the National Association of Student Financial Aid Administrators, spoke, representing 3,000 colleges and universities who collectively serve 97 percent of federal student aid recipients in the country,” Campus Progress reports.

Read the whole article originally published in: Todays News Feed.