The amount of financial aid awarded to Oklahoma public college and university students during 1998-1999 topped the half a billion mark for the first time in state history, the Oklahoma State Regents for Higher Education announced recently. Regents also reported that more than half of all public college and university students received some type of financial aid during the last year.
Financial aid is now at an all-time high and exceeding increases in both tuition and inflation.
During the same time, inflation increased 32 percent, while financial aid awarded to students increased more than 100 percent.