The average need-based grant for the 2011-2012 academic year was more than $37,400.
In 1996, public higher education institutions gave students with high SAT scores and a low family income $1,255 in need-based grants.
A national policy once based primarily on need-based grants is now dominated by loan programs that often require Americans to assume unmanageable debts.
We must also continue to support programs like the Federal Pell Grant program that provides need-based grants to low income students.
Rae's appointment was opposed by many students, who had seen his government permit a 57% increase in tuition fees and the elimination of need-based grants.
This year's portion is $32.5 billion, and it comes in the form of need-based grants, loans and work-study programs.
Tuition for the 2011-2012 school year is $32,580, with 24 percent of the student body receiving need-based grants.
Those sons cannot qualify for need-based grants from the Ivy League institutions, which do not offer athletic scholarships.
Various social organizations can get need-based grants from the trust.
Belen Jesuit annually provides over $1.9 million in need-based grants to students.