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Mass. Stingier Than Most In Student Financial Aid

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Jul 13, 2008 11:42 am US/Eastern

Mass. Stingier Than Most In Student Financial Aid

BOSTON (AP) ― Massachusetts is far less generous in offering financial aid to college students than other states.

Massachusetts' budget for financial aid grants is about $83 million for the upcoming academic year.

That's nowhere near other states like Indiana, which set aside $331 million in financial aid, or South Caroline, which offered $273 million despite having 2 million fewer residents than Massachusetts.

Kati Haycock, president of The Education Trust, tells the Boston Sunday Globe that Massachusetts needs to spend more to encourage lower income students to get a college degree.

But others say Massachusetts has traditionally relied on deep-pocketed private colleges to make up the difference by offering their own financial aid.

(© 2009 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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