Conservatives sometimes complain that white students are left out of American scholarship programs. So many scholarships appear to be only for ethnic minorities. Such critics claim that minority students receive more than their fair share of financial aid.
No, they don’t need them. It turns out minorities receive almost exactly their fair share of financial aid. According to an article by Doug Lederman at Inside Higher Ed:
A new report challenges the assumptions underlying such developments. The study, by the financial aid analyst Mark Kantrowitz, is plain about its goal: to debunk what the author calls “the race myth, which claims that minority students receive more than their fair share of scholarships.”
Looking at all… forms of financial aid together (excepting only federal tax benefits), Kantrowitz finds that the money flows to students of different races roughly in proportion to their representation in the overall postsecondary population: white students make up roughly three-fifths (61.8 percent) of all students, and they receive about that amount of all total grant funding (59.3 percent). Various minority groups also receive proportions of grant funding that track their representation among all students (Hispanic students make up 14.1 percent of students and receive that proportion of grant aid, etc.). That’s more or less as it should be, Kantrowitz says.
When one looks at merit based aid, however, the picture is a little more complicated. White people make up 61.8 percent of all students, though they receive 75.6 percent of financial aid awards based on academic merit.
Read the full report here.