81% of College Students and Their Families Will File For Aid Through FAFSA

Business 2 Community

According to TurboTax‘s latest Infographic on college aid, we’re made aware that the Office of Federal Student Aid processes nearly 14 million financial aid applications, and nearly 81% of students and their families file for aid through FAFSA.

The graphic points out some other interesting parts of college aid data, including that 29% of college attendance comes from grants and scholarship awards, 28% comes from parent income/savings, 18% comes from student borrwing and the rest is made up of student income, parent borrowing and friends/relatives.

Here’s a broad look:

81% of College Students and Their Families Will File For Aid Through FAFSA image TurboTax FAFSAinfographic

81% of College Students and Their Families Will File For Aid Through FAFSA

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