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New Reports Detail Who Is Receiving Federal Student Aid

September 27, 2017

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Title: Federal Student Aid Posts New Reports to FSA Data Center

Author: Matt Sessa

Date: Sept. 21, 2017

Federal Student Aid, an office within the Department of Education, recently released new data on the characteristics of federal student aid recipients, including student loan borrowers by institutional type, age, debt size, and location; grant and loan disbursements by age and location; and direct loan disbursements by programs of study.

The data represents some of the most up-to-date information on federal student loans available, with summary information from the National Student Loan Data System ranging from fiscal year 2007 to Q3 of 2017.

Notably, for academic year 2015-16, $50 billion in loans was disbursed to nearly 5 million recipients age 24 or younger, while $43.6 billion was disbursed to 3.5 million recipients 25 or older.

For more information please see the press release.

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