State Student Aid Spending Up 7%
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State spending on financial aid in 2005-6 rose by about 7 percent over the previous year, to $8.5 billion, an annual report by the National Association of State Student Grant and Aid Programs finds.
That is slightly less than the 8.1 percent increase that occurred from 2003-4 to 2004-5, and the growth shrinks further when inflation is taken into account. The increase from 2003-4 to 2004-5 amounted to an uptick of more than 5 percent when adjusted for inflation, while the rise from 2004-5 to 2005-6 was about 3 percent in inflation-adjusted dollars.
Funds for need-based grant aid rose by less than the total, about 5 percent, to about $7 billion in 2005-6 from about $6.7 billion in 2004-5. Funds increased significantly more -- by more than 15 percent -- for nongrant student aid, which includes loans, work study, and tuition waivers, among other things.
Seven states -- California, Illinois, Indiana, New Jersey, New York, Pennsylvania and Texas -- together distributed about $3.3 billion, or about 65 percent, of the undergraduate need-based grant aid distributed by all states.
The aid awarded by the 50 states, the District of Columbia, and Puerto Rico in 2005-6 follow:
| State | Total Aid, 2005-6 (000s) | Need-Based Grants, 2005-6 (000s) | Need-based Grant as % of Total Aid |
| Alabama | $7,887 | $5,281 | 67.0% |
| Alaska | 77,518 | 502 | 0.6 |
| Arizona | 2 925 | 2,808 | 96.0 |
| Arkansas | 34,558 | 20,868 | 60.4 |
| California | 799,261 | 758,181 | 94.9 |
| Colorado | 77,131 | 55,116 | 71.5 |
| Connecticut | 93,207 | 39,038 | 41.9 |
| Delaware | 11,834 | 10,164 | 85.9 |
| Florida | 512,048 | 107,849 | 21.1 |
| Georgia | 477,791 | 1,401 | 0.3 |
| Hawaii | 21,174 | 410 | 1.9 |
| Idaho | 7,402 | 964 | 1.3 |
| Illinois | 390,270 | 355,417 | 91.1 |
| Indiana | 304,983 | 281,069 | 92.2 |
| Iowa | 59,261 | 53,446 | 90.2 |
| Kansas | 18,754 | 15,047 | 80.2 |
| Kentucky | 177,516 | 82,611 | 46.5 |
| Louisiana | 118,087 | 1,453 | 1.2 |
| Maine | 16,805 | 13,387 | 80.0 |
| Maryland | 93,938 | 78,125 | 83.2 |
| Massachusetts | 109,654 | 80,081 | 73.0 |
| Michigan | 284,003 | 90,377 | 31.8 |
| Minnesota | 270,903 | 130,921 | 48.3 |
| Mississippi | 31,236 | 2,215 | 7.1 |
| Missouri | 70,275 | 25,632 | 36.5 |
| Montana | 4,772 | 3,589 | 75.2 |
| Nebraska | 79,786 | 9,918 | 12.4 |
| Nevada | 59,015 | 13,482 | 22.8 |
| New Hampshire | 4,203 | 3,745 | 89.1 |
| New Jersey | 400,868 | 224,924 | 56.1 |
| New Mexico | 72,648 | 21,781 | 30.0 |
| New York | 937,079 | 877,797 | 93.7 |
| North Carolina | 259,664 | 142,993 | 55.1 |
| North Dakota | 2,348 | 1,492 | 63.5 |
| Ohio | 222,018 | 159,551 | 71.9 |
| Oklahoma | 151,565 | 47,742 | 31.5 |
| Oregon | 61,962 | 29,361 | 47.4 |
| Pennsylvania | 444,846 | 412,340 | 92.7 |
| Puerto Rico | 39,350 | 39,350 | 100.0 |
| Rhode Island | 12,883 | 12,883 | 100.0 |
| South Carolina | 257,934 | 46,311 | 18.0 |
| South Dakota | 3,367 | 0 | 0.0 |
| Tennessee | 177,174 | 51,270 | 28.9 |
| Texas | 523,263 | 399,506 | 76.3 |
| Utah | 48,024 | 6,604 | 13.8 |
| Vermont | 18,934 | 18,479 | 97.6 |
| Virginia | 223,884 | 90,458 | 40.4 |
| Washington State | 198,837 | 167,346 | 84.2 |
| Washington, D.C. | 33,856 | 3,320 | 9.9 |
| West Virginia | 87,304 | 24,721 | 28.3 |
| Wisconsin | 101,406 | 90,436 | 89.2 |
| Wyoming | 163 | 163 | 100.0 |
| Total | $8,495,573 | $5,111,924 | 60.2% |
Source: National Association of State Student Grant and Aid Programs
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