Almost 72% of undergraduates received some form of financial aid in the 2019-20 academic year — essentially the same share as those who attended college four years prior, according to new federal data released Wednesday. On average, undergraduates received $14,100 in aid, which can include grants, federal student loans or other types of assistance. This is according to the National Postsecondary Student Aid Study, which is conducted every three or four years by a wing of the U.S. Department of Education.
