private scholarships count

This study also provides ample evidence of the deep commitment that exists in the private sector to help students go to college. The private sector’s support for scholarship aid must be better recognized and understood as a key element in the national goal of improving access to higher education, especially as private aid is combined with critical government and institutional financial aid programs.

private groups awarded $3 billion in scholarships last year (7% of total grants). these groups included local community initiatives, big corporations, small companies, philanthropic foundations, service & fraternal organizations, educational trusts, and more.

the report found that private funding sources "help students who slip through the cracks of other programs and facilitate choice and affordability for a wide range of students" and make "college more affordable for both low- and middle-income students."

check out the whole report.

thanks for the heads up, dan.

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