Last year alone, more than 900,000 low-income students who applied for and were found eligible for state financial aid for college never received it, because states ran out of money, according to a new analysis of state data by The Hechinger Report.
The number is likely much higher — many states don’t keep track of the number of eligible students they turn away, even though they acknowledge that they have run out of money before all eligible students have been served.
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