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One out of every 20 students in American colleges, universities, and graduate and professional schools can get financial aid, Earl J. McGrath announced in a report published by the Office of Education at Washington last night.
Undergraduates compete annually for 125,000 scholarships with a total worth of $27,000,000, while graduate institutions offer, 14,000 fellowships valued at $9,500,000 each year. These figures are drawn from a survey of 1,200 United States schools, 900 of which replied to the questionnaire. Approximately 265 of those answering reported that they offered no financial assistance.
Certain awards were restricted-one, for example, must go to a descendent of a Confederate soldier, while others designated a specific field of study. Opportunities for scholarships were greatest in music, engineering, and agriculture.
With increasing costs, institutions have been trying to raise scholarship totals.
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